Business Applications

Bundled Software
Bundled software refers to additional programs or applications included with the purchase of hardware or other software packages. This practice enhances the functionality and value of the primary product.
Data Processing
Data processing is a class of computing operations that manipulate large quantities of information. It forms a major use of computers in business operations such as bookkeeping, printing invoices, payroll calculations, and general record keeping.
Integrated Office System (IOS)
An Integrated Office System (IOS) is a software suite used primarily in personal computers or small-scale business computers that consolidates multiple functionalities typically performed by standalone applications, such as spreadsheets, word processors, database management systems, and graphics.
PL/I (Programming Language)
PL/I (Programming Language One) is a highly versatile programming language developed by IBM in the early 1960s to support its System/360 mainframe computers. Renowned for its ability to handle scientific, engineering, and business applications, PL/I combines features from different programming paradigms, making it a powerful tool for various computational needs.
RPG (Role-Playing Game and Report Program Generator)
RPG refers to two distinct concepts: a genre of games where players assume the roles of characters in a fictional setting, and a high-level programming language developed by IBM in the 1960s to simplify business programming applications.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.