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What are the advantages of using Microsoft Excel?

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Quick Answer

Microsoft Excel is a spreadsheet program that allows users to quickly log, sort and analyze data. To use Excel to its full functionality, users must be familiar with the basic formulas and commands Excel uses to find trends or make projections.

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With Excel, users can manage payroll records, employee schedules or personal bookkeeping and paperwork virtually, so data can be easily changed, updated or moved around without having to deal with paper and pen copies. Excel files can also be sent as attachments or shared within a group of users via various cloud storage systems so everyone has access to the same files.

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    What is the purpose of Microsoft Excel?

    A:

    Microsoft Excel is a spreadsheet application designed to perform basic and complex mathematical computations and functions. In addition to performing arithmetic operations, Excel allows users to create graphical displays of data, forms and pivot tables. It is also routinely used to sort information and assist users in identifying data trends.

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    What companies use Microsoft Excel?

    A:

    Accounting, marketing and management consultant firms commonly rely on Microsoft Excel to perform functions related to their industry of expertise, says Brad Zomick of SkilledUp. Investment banking and business intelligence analysts also use the program to amalgamate and scrutinize data. Microsoft Excel is a basic application included in the Microsoft Office Suite of desktop programs and is an extremely popular resource among a variety of business professionals.

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    What is the importance of Microsoft Excel?

    A:

    Microsoft Excel is important because it is the basic spreadsheet program used in Windows, which means a large number of computers in the world use it. This also means that a lot of businesses use it for payroll.

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    What is a function in Microsoft Excel?

    A:

    In Microsoft Excel, a function is a type of formula that allows the user to perform mathematical, statistical and logical operations more easily. While it is possible to create a unique formula, Excel offers users a variety of preset formulas that they term functions.

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