A software package that generates financial statements for a company is a(n) ____ program.
A) accounting
B) spreadsheet
C) communications
D) financial
E) database management

Question

Quizplus · Accepted Answer

Accounting programs specifically deal with generating financial statements for a company, while spreadsheet programs are more general purpose and can be used for many different applications. Communications and database management programs are also not directly related to generating financial statements. "Financial program" is a vague term that could refer to any type of software related to finance and is not specific enough to make a clear determination.

A Software Package That Generates Financial Statements for a Company