Discuss Performing Quick Analyses on Table Data

While tables allow for the straightforward accumulation of data, this may not be the only goal when completing an accounting-related worksheet. As you have seen in this chapter, the Quick Analysis button provides an easy method through which the table data can be analyzed. The Quick Analysis options can also be used to highlight certain data points in a table such that the end user can easily identify pertinent information.

Identify one type of accounting data that can be displayed in a table (aside from the fixed-asset/depreciation data examined in this chapter). Write a paragraph of at least four sentences in which you identify at least three types of analyses (accessible via the Quick Analysis button) that would be logical to perform on your identified data set. Write a second paragraph of at least five sentences to discuss why these analyses would provide a benefit to the end use