4. Describe any three purpose of linking data in spreadsheet software.
Answers
- Reducing error
- Saving the time
- Improving the data integrity
Answer:
To take the values for computation or calculation in various formulae or functions. to display a specific cell's value. transferring information from one worksheet to another
Explanation:
- Commercial Data Storage
All types of data may be easily stored on a spreadsheet. Financial data, client data, and product data are a few examples of these data kinds. Excel spreadsheets include more than 16,000 columns and a million rows, so you'll have plenty of room to store a large quantity. They are perfect for creating databases because of this.
- Uses of Accounting and Calculation
Spreadsheets are used by companies all over the world to manage their financial records. Without spending money on accounting software, you may enter formulae that will carry out all of your company calculations as you go. Spreadsheets will do all the calculations, saving you the time and effort of performing such calculations manually.
- Spending and Budgeting Assistance
Utilize a spreadsheet to keep track of your company expenses. Custom budget spreadsheets may be made to help you keep track of your income and expenses so there are no unpleasant surprises when it comes time to submit your taxes.
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