Welcome to COBOL at Wikiversity. This area will present information concerning one of the programming languages which, to this day, continues to provide business data processing to the world.
Please forgive the current limited information as the page is built.
"COBOL is widely used in the financial services industry typically for mainframe based applications. It has been used extensively since the 1960s. COBOL was designed for use in business applications and consequently it was implemented with fixed-point arithmetic support. This is one of the advantages of COBOL as it allows complete and accurate computation of financial values without the possibility of rounding errors."
- QuiteUnusual (13 March 2009). "Software Engineers Handbook/Language Dictionary/COBOL, In: Wikibooks". San Francisco, California: Wikimedia Foundation, Inc. Retrieved 2014-10-18.