Advantages & Disadvantages of Microsoft Excel

Excel was first developed for the Macintosh computer in 1984. Windows came into the market in 1987 and Excel became a part of the Microsoft package. It is a spreadsheet with database capabilities that has become a mainstay in financial computing.

  1. Data Mangement

    • Users must create subset directories for data management. Excel data can be lost when the application is broken down into many files.

    Viruses

    • Viruses can be attached to an Excel file through macros. Macros are mini programs that are written into an Excel spread sheet.

    Portability

    • Excel is a portable application. It can be sent through e-mail and it can be synchronized with PDAs such as Apple's iPhone.

    Financial Use

    • Excel does not need to be customized with financial subsets. The application includes financial modules such as asset appreciation and amortization.

    Security

    • Excel files can be password protected for extra security. A user can create a password through Visual Basic programming or directly within the Excel file.

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