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it helps people in many different ways so that they can calculate the products that are being sold in their business

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12y ago

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Can spreadsheets be used for financial and cost record keeping?

A spreadsheet is for numerical analysis and manipulation, so anything to do with numbers and calculations can be done with a spreadsheet. Spreadsheets also have some specialised functions specifically for financial activities. So spreadsheets can indeed be used for financial and cost record keeping.


Is Microsoft PowerPoint a financial software?

No. It is presentation software. It can be used to give financial presentations, but it is not financial software, like accountancy, payroll or spreadsheets would be.


How can spreadsheets be used in educational settings?

Spreadsheets are widely used to save data from experiments and turn that data into tables and graphs. They are mostly used in the science and financial/budgeting classes, though I'm positive other uses exist


Who is someone who produces detailed accounts and financial spreadsheets?

an accountant or financial analyst


Who uses spredsheets?

Spreadsheets are commonly used by businesses for financial analysis, tracking data, creating charts, and budgeting. Individuals also use spreadsheets for personal budgeting, keeping inventories, planning events, and organizing information. Students use spreadsheets for school projects and academic purposes.


What are spreadsheets used for most?

holding important information and to plan and design a stable database


What is the key product of accounting?

financial statements spreadsheets work sheet


How did excel come about?

It came about because Microsoft were competing with Lotus. All computer spreadsheets are based on paper sheets that used to be used in financial institutions in the days before computers.


Why do bankers use spreadsheets?

Well, isn't that just a happy little question! Bankers use spreadsheets because they are wonderful tools for organizing and analyzing financial data. It helps them keep track of transactions, create budgets, and make important financial decisions with ease. Just like how a painter uses different brushes to create a beautiful masterpiece, bankers use spreadsheets to create a clear picture of their financial landscape.


What is a financial information system used for?

The financial information system analyses financial data that is used for optimal financial planning and forecasting decisions and outcomes. It helps a company determine its financial objectives due to the use of minimal resources.


How Spreadsheet help you?

Spreadsheets organize information you put on it.


Why someone would use a spreadsheet?

Spreadsheets are used for many purposes, including accounting, budgeting, charting/graphing, financial analysis, scientific applications, and grading.