Q:

Why do businesses use spreadsheets?

A:

Businesses commonly use spreadsheets to create and record financial transactions. This helps businesses to best utilize the value of their data and make informed decisions necessary for attaining their goals.

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Full Answer

Spreadsheets come with different tools that allow businesses to build charts, collect data and identify trends from the information collected. Businesses use a spreadsheet to assess information from various sources, including texts and images. This information is important in drawing conclusions and making predictions. Internal auditors play a crucial role of assisting a business understand the role of a spreadsheet, as they help to implement effective policies according to government regulations.

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