COMPUTER FUNDAMENTALS

Detailed explanation-1: -COBOL stands for Common Business-Oriented Language. COBOL is primarily used in business, finance, and administrative systems for companies and governments. The applications like those in the defence domain, insurance domain, etc. which require huge data processing make extensive use of COBOL.

Detailed explanation-2: -COBOL is primarily used in business, finance, and administrative systems for companies and governments. COBOL is still widely used in applications deployed on mainframe computers, such as large-scale batch and transaction processing jobs.

Detailed explanation-3: -The most widely used commercial programming computer language is COBOL. COBOL (common business-oriented language) is a business-oriented compiled English-like computer programming language.

Detailed explanation-4: -Created for transaction processing, COBOL applications help run payroll programs, manage government pension funds, operate banking systems, manage hotel bookings, book airline tickets, and much more. Estimates largely agree COBOL systems support more than $3 trillion in daily commerce.

Detailed explanation-5: -In modern terminology, COBOL is actually a domain-specific language, specific to the particular domain of business programming.