Topic 2E: Data and Presenting Information: Reports and Spreadsheets Flashcards
1
Q
What is the essence of a spreadsheet?
A
Basic tool of accountants to record and manipulate management information
2
Q
What are some common applications of spreadsheets?
A
- Preparation of management accounts
- Cash flow analysis, budgeting and forecasting
- Account reconc
- Revenue and cost analysis
Comparison and variance analysis
Sorting, categorising and filtering large volumes of data
3
Q
A
