Discussion – Excel Uses
Knowledge of Excel worksheets can, in various ways, benefit individuals in their careers. An individual undertaking a career in finance and accounting can extensively use Excel worksheets for financial analysis, budgeting, data analysis, financial modeling, forecasting, and report generation (Mayes, 2020). An individual in a data analysis and research career can use Excel worksheets to organize data, transform it, perform calculations, create charts and graphs, and perform statistical analyses. Thus, knowledge of Excel is important and will benefit my future career in different ways. I will use Excel worksheets for scheduling activities, allocating resources and monitoring progress, analyzing data acquired from daily activities, including market data, and creating reports that are presentable to my seniors using charts and graphs provided by the Excel worksheets.
In my personal life, I would use Excel for personal finance and budgeting, whereby I can track expenses, draft budgets, and analyze personal finances. Using Excel in my personal life can help in event planning as a volunteer activity, including listing guests, budgeting, seating arrangements, and event schedules. Further, Excel can also help clubs store membership data and track attendance and contributions (da Silva et al., 2019). Another personal activity that is worth considering in light of Excel usage is personal projects. The spreadsheets can be used to plan various activities such as travel planning, home improvement, and personal business inventory management. Various types of spreadsheets will be applied for the activities that are described above. However, the type of spreadsheet to be applied will vary based on requirements and specific needs. For instance, as an example of spreadsheets, budgeting templates will be used for all the events described to prepare budgets for various activities. Overall, the spreadsheets apply to different personal endeavors and career paths.
References
da Silva, R. J. B., Lourenço, F. R., Pennecchi, F. R., Hibbert, D. B., & Kuselman, I. (2019). Spreadsheet for evaluation of global risks in conformity assessment of a multicomponent material or object. Chemometrics and Intelligent Laboratory Systems, 188, 1-5.
Mayes, T. R. (2020). Financial analysis with microsoft excel. Cengage Learning.
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Discussion – Excel Uses
In what career paths would knowledge of excel worksheet benefit an individual? I would knowledge of excel be beneficial for you in your current or future career? How could you use excel in your personal life? (please consider any volunteer activities, clubs,
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