Practice Advantages of Using Electronic Spreadsheets in Accounting - 10 | 6. Accounting Application of Electronic Spreadsheet | ICSE Class 12 Accounts
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is one advantage of using electronic spreadsheets?

💡 Hint: Think about how spreadsheets process data quickly.

Question 2

Easy

Name a function that reduces human error.

💡 Hint: What do we use in spreadsheets to perform calculations automatically?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is one significant advantage of electronic spreadsheets in accounting?

  • Slower calculations
  • More human errors
  • Instant reporting

💡 Hint: Remember how spreadsheets handle data quickly.

Question 2

True or False: Electronic spreadsheets are primarily used to print hard copy reports.

  • True
  • False

💡 Hint: Think about the main functionalities of spreadsheets.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A company needs to forecast sales for the next quarter. Describe how they would use an electronic spreadsheet for this task.

💡 Hint: Think of different scenarios, such as increasing or decreasing sales.

Question 2

Identify a real-world business scenario where using spreadsheets could prevent a major financial error. Discuss how spreadsheets provide a solution.

💡 Hint: Consider areas like budget management and variance analysis.

Challenge and get performance evaluation