Business Objects 3 - 'copy' vs. 'create a shortcut'

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We have a report that is maintained by one individual; she runs the report on a weekly basis.  Another user wants to use the same report, but run it on a quarterly basis.  The second individual would like to house the report in her folder.  She has created a copy of the report and scheduled it to run quarterly.  She then asked me what if the first individual makes a change to the original report; would her copied report be updated???

 

Since she performed a 'copy' of the report I don't think the copied report will update if changes are made to the original.  Right?