What does OLE stands for?

OLE stands for Object Linking and Embedding.

It is a technology that allows users to create objects in one application and then link or embed them in another application. This is commonly used in computerized accounting systems where data from spreadsheets, charts, or other documents can be embedded into accounting software or reports.

For example, an Excel chart showing financial trends can be embedded into a Tally report, maintaining the connection to the original Excel file.

The correct answer is Option 2: Object Linking and Embedding.