Page 206 - Business Principles and Management

Chapter 8 • Technology and Information Management

FIGURE 8-2 Other Common Types of Software Application Programs

TYPE AND APPLICATION

ACCOUNTING
Maintain general and specific accounting records such as accounts receivable,
accounts payable, and general ledger.

COMMUNICATIONS
Send and receive information from other computers, including fax, e-mail,
and surfing the Web.

DESKTOP PUBLISHING
Create high-quality newsletters, brochures, manuals, advertising, and other
special documents combining text, photographs, and graphics.
FORMS
Provide standard business forms such as invoices and purchase orders but allow
for the modification of forms and the creation of entirely new forms.

GRAPHICS
Prepare diagrams, organization charts, line and bar graphs, pie charts, and other
kinds of illustrations.

TRAINING
Teach employees about various topics, including how to use computers, how
to supervise workers, and how to prepare a talk.

UTILITIES
Aid other software to work more effectively, such as providing a variety of type
styles and font sizes, recovering lost files, and finding and correcting computer
system errors.

FIGURE 8-3 Spreadsheets are used to prepare financial statements
and other documents.

Cartright Corporation Comparative Income Statements

Year 1 Year 2 Percent of
Change

Sales $58,000,000 $59,000,000 1.7
Cost of Goods Sold 30,000,000 32,000,000 6.7
Gross Profit on Sales 28,000,000 27,000,000 -3.6
Operating Expenses 12,000,000 11,000,000 -8.3
Administrative Expenses 10,000,000 9,000,000 -1.0
Net Profit Before Taxes 6,000,000 7,000,000 16.7

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