What describes accounts that summarize data over larger time periods?

The concept of accounts that summarize data over larger time periods is best described by aggregated accounts. These accounts consolidate data to provide a high-level overview, allowing users to analyze trends and performance across extended durations. By summarizing information, aggregated accounts enable organizations to assess their overall financial standing, make strategic decisions based on broader performance indicators, and identify long-term trends without getting lost in day-to-day fluctuations.

While the term "coarser accounts" may suggest a level of summarization, it is not widely used or recognized as a standard term in financial reporting or data analysis contexts. Instead, aggregated accounts are the correct terminology that encompasses the process of combining detailed data into a singular, comprehensive format conducive for analysis over larger time frames. This distinction is crucial for understanding reporting practices in financial planning.