MS-Excel is an electronic spreadsheet. A spread sheet is a generic term for the software package that simulates a paper worksheet often used by people in management. Most spreadsheets started as electronic versions of hard copy accounting worksheets with one major purpose-simple row and column arithmetic. It has various features to offer namely, fast calculations, what if analysis, charts (also called graphs), automatic recalculations,and many more.
A variety of applications for which MS-Excel can be used include automating financial statements. Excel comes across as a powerful and flexible graphical presentation tool. Data stored in database formats can be accessed through MS-Excel.Graphs or charts can be created based on data for quick assessment of a situation.
SpreadSheet Application -MS-Excel