While Microsoft Excel Can Be an Efficient Tool for Developing

question 45

Multiple Choice

While Microsoft Excel can be an efficient tool for developing a DSS, compared to using a programming language like C++, a shortcoming of Excel is

• A) it cannot be used effectively for small or medium sized problems.
• B) Excel is not widely understood compared to a language like C++.
• C) it is not widely available for purchase.
• D) errors can creep into formulas somewhat easily.

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Definitions:

Revenue

The cumulative revenue produced from the sale of goods or provision of services directly linked to the main business activities of a company.

Unearned Rent Revenue

Income received by a property owner for rent that has not yet been earned because the time period the rent covers has not yet passed.

Credit

An accounting entry that increases a liability or equity account or decreases an asset or expense account.