Describe Three Popular Application Software Programs and How They Are

question 20

Essay

Describe three popular application software programs and how they are used.

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Definitions:

Financial Statements

Formal records of a company's financial activities and condition, including balance sheet, income statement, and cash flow statement.

Fixed Assets

Fixed Assets, also known as non-current assets, are long-term tangible assets held for business use and not expected to be converted into cash in the upcoming year, such as buildings, machinery, and vehicles.

Sales Increase

The rise in the volume or amount of sales or services sold by a company within a particular period.

Capacity

Capacity refers to the maximum level of output that a company can sustain to produce in a given period under normal conditions.