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Answer:

Spreadsheets are an essential business and accounting tool. They can vary in complexity and can be used for various reasons, but their primary purpose is to organize and categorize data into a logical format. Once this data is entered into the spreadsheet, you can use it to help organize and grow your business

Open-source refers to the software whose source code is available for anybody to access and modify, while proprietary software refers to the software which is solely owned by the individual or publisher who developed it.

Electronic spreadsheets, like Excel or Numbers, can bring a lot of advantages especially those in the corporate world. As far as I know, and from my experience, it is also accurate, unless you know the formula to get the output. There are different functions that can be used: accounting purposes, simple arithmetic, even logical expressions. It's actually more convenient to use. However, if you feel like checking the output twice, you can manually check the computation and see if you get the same answer.