Justify the use of spreadsheets within the finance department

      

Justify the use of spreadsheets within the finance department

  

Answers


Lydia
? Performs “What if” scenarios eg IF statement
? Produces graphs and charts
? Formulae calculations are carried out instantly and accurately
o Formulae are amended automatically when the spreadsheet is amended
o Formulae can be replicated
? Easy to edit/amend
? Conditionally format data
? Can secure data with passwords
? Can use templates for financial statements

lydiajane74 answered the question on May 31, 2018 at 17:49


Next: Given the following class, show how to add a friend function called isneg() that takes one parameter of type myclass and returns true if num...
Previous: Other than spreadsheets, describe how modern technology can be used by the finance department.

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions