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Explain one use of each of the following computer software programs for a business - Leaving Cert Business - Question 5 - 2017

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Explain one use of each of the following computer software programs for a business. (i) Microsoft Word (ii) Microsoft Excel

Worked Solution & Example Answer:Explain one use of each of the following computer software programs for a business - Leaving Cert Business - Question 5 - 2017

Step 1

(i) Microsoft Word

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Answer

One significant use of Microsoft Word in a business setting is to prepare various types of documents. This includes drafting reports, creating the agenda or minutes of meetings, and producing formal letters. Additionally, Word can be used to format business documents like contracts and proposals, ensuring they are professional and clear.

Step 2

(ii) Microsoft Excel

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Answer

Microsoft Excel is highly utilized for managing financial data within a business. It can be used to create budgets, maintain financial accounts, and generate spreadsheets for customer databases. Excel also enables users to create bar charts and track cash flow, making it an essential tool for analyzing and presenting data effectively.

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