Which of the following is not a common a

CUET Preparation Today

Start Free Mocks

Home Questions S5ZBKBK2MZ

Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Use of Spreadsheet in Business Applications

Question:

Which of the following is not a common application of spreadsheets (using Excel)?

Options:

Payroll Accounting

Asset Management

Web Browser Development

Loan Repayment Calculations

Correct Answer:

Web Browser Development

Explanation:

The correct answer is option 3- Web Browser Development.

Web Browser Development is not a common application of spreadsheets (using Excel).

Microsoft Excel is a powerful spreadsheet application widely used for various purposes, including:

Payroll Accounting: Excel can be used to calculate salaries, deductions, bonuses, taxes, and generate payslips.
Asset Management: It helps track asset details, depreciation, maintenance schedules, and inventory.
Loan Repayment Calculations: Excel can calculate EMI (Equated Monthly Installment), interest breakdowns, and loan amortization schedules using built-in financial functions.