Technology

Question 1

what are spreadsheets?

Answer 1

this is a shortwave package used to record and edit numerical data and can undertake lots of different calculation using formulae.

Question 2

what’s the benefits of spreadsheet?

Answer 2

• profit and loss can be accurately calculated using formulae.
• graph show comparison of profit over different years and are quickly to create and use to understand
• anything that needs to be edited can be done easily without having to re calculate everything

Question 3

what is accounting software?

sage or quick books

Answer 3

keep track of payments and to produce invoices to customer reminding them about overuse payments

Question 4

what is database software?

Answer 4

keep record of supplier and customer details

Question 5

what is EFTPOS?
(electronic funds transfer point of scale)
(contactless and apple pay)

Answer 5

used to receive money form customers

Question 6

what are BACS payments?

Answer 6

bank transfer from one business account to another