Why would a banker use a spreadsheet?

Answer 1

A banker would use a spreadsheet to keep an organised system of money being loaned, taken out, placed in etc. It also may be useful to add their mathematical solutions correctly. also to keep track of how many people are with the bank.

Answer 2

To keep track of money.

An accountant would use a spreadsheet to keep track of payments and registering who has paid money for what they owe. Also they would use spreadsheets to keep track of money and to quickly and easily tabulate large amounts of data.

Answer 3

Accountants use spreadsheets to keep track of the amounts spent and recieved.

All firms use spreadsheets to help orgainize and check their work and numbers so that they know they are correct.

It is a way to imput data in an orderly fashion.

to keep track of money.

Answer 4

Because it is simpler, quicker and less error prone than doing the entries on paper and calculating the sums by hand.

Quote Wikipedia:
VisiCalc was the first spreadsheet program available for personal computers. It is often considered the application that turned the microcomputer from a hobby for computerenthusiasts into a serious business tool. It was actually a major deal at the time, more so than word processing vs. typewriters.

Answer 5

A spreadsheet is for numerical analysis and manipulation. So they are primarily used for calculations and processing numeric data. Organisations can use them for looking after their finances and trying to predict their future financial requirements. Finances and other calculations of a practical nature would be done by organisations, and they can use spreadsheets in their planning. Spreadsheets can be used with times and dates, and organisations can make use of those kinds of calculations.

Answer 6

Accountants deal with numbers in all sorts of calculations. Spreadsheets are used for working with numbers and calculations. So naturally accountants can make a lot of use of them. Excel also provides some special functions and facilities that are particularly useful to accountants. So accountants are one of the professionals that make most use of spreadsheets.

Answer 7

Because a spreadsheet makes calculating easier - especially large numbers or lots of data.

Answer 8

For doing calculations