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Justify the use of spreadsheets within the finance department

Justify the use of spreadsheets within the finance department

Answers

Lydia
? Performs “What if” scenarios eg IF statement
? Produces graphs and charts
? Formulae calculations are carried out instantly and accurately
o Formulae are amended automatically when the spreadsheet is amended
o Formulae can be replicated
? Easy to edit/amend
? Conditionally format data
? Can secure data with passwords
? Can use templates for financial statements
lydiajane74 answered the question on May 31, 2018 at 17:49

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