Target Exam

CUET

Subject

-- Accountancy Part C

Chapter

Use of Spreadsheet in Business Applications

Question:

What is the main advantage of preparing a spreadsheet template?

Options:

It looks more colorful

It hides the complex formulas

It automatically shows calculated results as values are entered

It restricts users from editing

Correct Answer:

It automatically shows calculated results as values are entered

Explanation:

The correct answer is option 3- It automatically shows calculated results as values are entered.

Whenever we have to use a spreadsheet for any computations, the first step is to plan its layout and the template specifying the sequence of various columns, etc. The template also includes identification of cells, which will contain formulae. The advantage of preparing the template is that as a user puts in the values in the spreadsheet, the calculated results are shown correspondingly. A table giving the contents of various columns is a helpful tool to represent the template of a spreadsheet.