Which of the Following Is an Advantage of Microsoft Excel

question 26

Multiple Choice

Which of the following is an advantage of Microsoft Excel over Microsoft Access?

• A) Excel is superior for tracking orders, inventory, and equipments.
• B) Excel is superior for tracking people such as employees and customers.
• C) Excel can be used to create better graphs and visual demonstrations.
• D) Excel can be used to create better data entry forms and professional reports.

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Definitions:

Profit Center

A department or unit within a company responsible for generating profits, with its performance measured based on its ability to produce excess revenue over expenses.

Controllable Revenues

Revenues earned by the profit center.

Income Statement

A financial report detailing a business's income, outgoings, and net profit or loss for a certain timeframe.

Responsibility Accounting Reports

Internal financial reports that track the financial performance of specific departments, managers, or units, highlighting areas of responsibility.