Meaning and explanation about the term "progress report"

[Sergios]

Test No. errors/advan-7 "At the Meeting", question 7

The leader of the group has to produce a progression report at the end of each financial year so that shareholders know how successful the company has been.

(a) leader
(b) progression report
(c) financial year
(d) has been

Test No. errors/advan-7 "At the Meeting", answer 7

The leader of the group has to produce a progress report at the end of each financial year so that shareholders know how successful the company has been.

Correct entry: progress report
The error was: (b) progression report

You have not found the error.
The director of the group has to produce a progression report at the end of each financial year so that shareholders know how successful the company has been.
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I don't see the difference...

I selected as an answer: "the director of the group".

Sergios

[Alan]

A progress report describes how the business is developing. Progression is an automatic process as for example children moving from class to class in school as they get older.
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