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Exploring Microsoft Office 2010 Volume 1 

Excel Chapter 2

Testbank

 

1) Semi-selection or pointing

A) indicates a cells relative location from the cell containing the formula.

B) indicates a cell's specific location and the reference does not change when you copy the formula.

C) is the process of using the mouse to select cells while building a formula. 

D) creates an Equals (=) sign.

Answer:  C

Diff: 1

Reference:  Formula Basics

Objective:  1

AppChap:  Excel 2: Formulas and Functions

 

2) A formula in Excel must begin with

A) a cell's specific location.

B) a cells relative location.

C) both an absolute and a relative cell reference.

D) an Equals (=) sign.

Answer:  D

Diff: 1

Reference:  Formula Basics

Objective:  1

AppChap:  Excel 2: Formulas and Functions

 

3) A relative cell reference 

A) indicates a cell's specific location and the reference does not change when you copy the formula.

B) contains both an absolute and a relative cell reference.

C) indicates a cells relative location from the cell containing the formula; the reference changes when you copy the formula.

D) occurs when a formula directly or indirectly refers to the cell containing the formula.

Answer:  C

Diff: 1

Reference:  Formula Basics

Objective:  2

AppChap:  Excel 2: Formulas and Functions

 

4) An absolute cell reference

A) causes a potential error.

B) indicates a cell's specific location and the reference does not change when you copy the formula.

C) occurs when a formula directly or indirectly refers to the cell containing the formula.

D) contains both an absolute and a relative cell reference.

Answer:  B

Diff: 1

Reference:  Formula Basics

Objective:  2

AppChap:  Excel 2: Formulas and Functions

5) A mixed cell reference

A) occurs when a formula directly or indirectly refers to the cell containing the formula.

B) causes a potential error.

C) contains absolute or relative cell references, but not both.

D) contains both an absolute and a relative cell reference.

Answer:  D

Diff: 1

Reference:  Formula Basics

Objective:  2

AppChap:  Excel 2: Formulas and Functions

 

6) A circular reference

A) is a predefined formula that performs a calculation.

B) is a rule that governs the structure and components for functions.

C) occurs when a formula directly or indirectly refers to the cell containing the formula.

D) is an input such as a cell reference or a value needed to complete a function.

Answer:  C

Diff: 1

Reference:  Formula Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

 

7) Excel displays a green arrow in the top left corner of a cell if it detects a

A) cell reference or a value.

B) rule that governs components of functions.

C) potential error.

D) predefined formula that performs a calculation.

Answer:  C

Diff: 1

Reference:  Formula Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

 

8) A function is a

A) predefined formula that performs a calculation.

B) cell reference or a value.

C) list of values and defined names as you enter a spreadsheet.

D) set of rules that govern the structure and components for a formula.

Answer:  A

Diff: 1

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

9) Syntax (as it applies to Excel 2010)

A) displays a list of functions and defined names as you enter a function.

B) is a small pop-up description that displays the arguments for a function as you enter it.

C) is a set of rules that govern the structure and components for a function.

D) is an input such as a cell reference or a value needed to complete a function.

Answer:  C

Diff: 1

Reference:  Function Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

 

10) An Argument (as it applies to Excel 2010)

A) calculates the total of values contained in two or more cells.

B) displays a list of functions and defined names as you enter a function.

C) is an input such as a cell reference or a value needed to complete a function.

D) is a small pop-up description that displays the results of the cell.

Answer:  C

Diff: 1

Reference:  Function Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

 

11) Formula AutoComplete

A) results in formulas such as =B4+C4.

B) calculates the total of values contained in two or more cells.

C) is a small pop-up description that displays the arguments for a function as you enter it.

D) displays a list of functions and defined names as you enter a function.

Answer:  D

Diff: 2

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

 

12) A function Screen Tip

A) automatically inserts functions such as SUM (B4:C4).

B) calculates the total of values contained in two or more cells.

C) automatically inserts formulas such as =B4+C4.

D) is a small pop-up description that displays the arguments for a function as you enter it.

Answer:  D

Diff: 2

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

13) The SUM function

A) identifies the midpoint value in a set of values.

B) calculates the total of values contained in two or more cells.

C) calculates the arithmetic mean or average of values in a range.

D) displays the lowest value in a range.

Answer:  B

Diff: 2

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

 

14) For a basic mathematical expression it is best to use

A) the arithmetic mean or average of values.

B) formulas such as =B4+C4.

C) functions such as SUM (B4:C4).

D) the midpoint value in a set of values.

Answer:  B

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

15) The AVERAGE function

A) calculates the arithmetic mean of values in a range.

B) identifies the midpoint value in a set of values.

C) identifies the highest value in a range.

D) displays the lowest value in a range.

Answer:  A

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

16) The MEDIAN function

A) displays the lowest value in a range.

B) identifies the midpoint value in a set of values.

C) identifies the highest value in a range.

D) tallies the number of cells in a range that contain values.

Answer:  B

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

17) The MIN function

A) identifies the highest value in a range.

B) tallies the number of blank cells in a range.

C) displays the lowest value in a range.

D) tallies the number of cells in a range that contain values.

Answer:  C

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

18) The MAX function

A) tallies the number of cells in a range that are not empty.

B) identifies the highest value in a range.

C) tallies the number of blank cells in a range.

D) tallies the number of cells in a range that contain values.

Answer:  B

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

19) The COUNT function

A) tallies the number of cells in a range that are not empty.

B) tallies the number of blank cells in a range.

C) displays the current date.

D) tallies the number of cells in a range that contain values.

Answer:  D

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

20) The COUNTBLANK function

A) tallies the number of blank cells in a range.

B) displays the current date and time.

C) displays the current date.

D) tallies the number of cells in a range that are not empty.

Answer:  A

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

21) The COUNTA function

A) evaluates a condition and returns one value if the condition is true and a different value if the condition is false.

B) evaluates true or false.

C) tallies the number of cells in a range that are not empty.

D) displays the current date.

Answer:  C

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

22) The TODAY function

A) evaluates a condition and returns one value if the condition is true and a different value if the condition is false.

B) displays the current date and time.

C) displays the current date.

D) evaluates true or false.

Answer:  C

Diff: 2

Reference:  Function Basics

Objective:  7

AppChap:  Excel 2: Formulas and Functions

 

23) The NOW function

A) contains another function embedded inside one or more of its arguments.

B) evaluates a condition and returns one value if the condition is true and a different value if the condition is false.

C) evaluates true or false.

D) displays the current date and time.

Answer:  D

Diff: 2

Reference:  Function Basics

Objective:  7

AppChap:  Excel 2: Formulas and Functions

 

24) The IF function

A) contains data for the basis of the lookup and data to be retrieved.

B) looks up a value and returns a related result from the lookup table.

C) evaluates a condition and returns one value if the condition is true and a different value if the condition is false.

D) contains another function embedded inside one or more of its arguments.

Answer:  C

Diff: 2

Reference:  Function Basics

Objective:  8

AppChap:  Excel 2: Formulas and Functions

25) The logical test

A) is the lowest value for a specific category or series in a lookup table.

B) evaluates true or false.

C) contains another function embedded inside one or more of its arguments.

D) contains data for the basis of the lookup and data to be retrieved.

Answer:  B

Diff: 2

Reference:  Function Basics

Objective:  8

AppChap:  Excel 2: Formulas and Functions

 

26) A nested function

A) contains data for the basis of the lookup and data to be retrieved.

B) is the lowest value for a specific category or series in a lookup table.

C) looks up a value and returns a related result from the lookup table.

D) contains another function embedded inside one or more of its arguments.

Answer:  D

Diff: 2

Reference:  Function Basics

Objective:  8

AppChap:  Excel 2: Formulas and Functions

 

27) A lookup table

A) looks up a value and returns a related result.

B) contains data for the basis of the lookup and the data to be retrieved.

C) is the lowest value for a specific category or series.

D) is a reference to a cell containing a value to look up.

Answer:  B

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

28) The breakpoint

A) looks up a value and returns a related result from the lookup table.

B) is a range containing a lookup table.

C) is the lowest value for a specific category or series in a lookup table.

D) is a reference to a cell containing a value to look up.

Answer:  C

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

29) The VLOOKUP function.

A) is the argument in a function that describes to which column to return a value.

B) is a range containing a lookup table.

C) is a reference to a cell containing a value to look up.

D) looks up a value and returns a related result from the lookup table.

Answer:  D

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

30) The lookup value

A) is the argument in a function that identifies which lookup table column from which to return a value.

B) looks in a horizontal table where the first row contains the values.

C) is a reference to a cell containing a value to look up.

D) is a range containing a lookup table.

Answer:  C

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

31) The Table Array

A) is the argument in a VLOOKUP function that identifies from which column to return a value.

B) looks up a value in a horizontal table where the first row contains the values to compare with the lookup value.

C) calculates the periodic payment for a loan with a fixed interest rate and fixed term.

D) is a range containing a lookup table.

Answer:  D

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

32) The column index number

A) is the periodic interest rate, such as a monthly interest rate.

B) looks up a value in a horizontal lookup table where the first row contains the values to compare with the lookup value.

C) calculates the periodic payment for a loan with a fixed interest rate and fixed term.

D) is the argument in a VLOOKUP function that identifies from which column to return a value.

Answer:  D

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

33) The HLOOKUP function

A) is the periodic interest rate, such as a monthly interest rate.

B) calculates the periodic payment for a loan with a fixed interest rate and fixed term.

C) looks up a value in a lookup table where the first column contains the values to compare with the lookup value.

D) looks up a value in a lookup table where the first row contains the values to compare with the lookup value.

Answer:  D

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

34) The PMT function 

A) is the periodic interest rate, such as a monthly interest rate.

B) is the total number of payment periods.

C) is the present value of a loan.

D) calculates the periodic payment for a loan with a fixed interest rate and fixed term.

Answer:  D

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

35) The RATE

A) is the periodic interest rate, such as a monthly interest rate.

B) is the total number of payment periods.

C) is a word or a string of characters that represent one or more cells.

D) the present value of the loan.

Answer:  A

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

36) The NPER

A) is the total number of payment periods.

B) is a word or a string of characters that represent one or more cells.

C) the present value of the loan.

D) a set of range names.

Answer:  A

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

37) The PV is

A) a set of range names.

B) is a word or a string of characters that represent one or more cells.

C) the present value of the loan.

D) why you do not have to make the cell reference absolute in the formula.

Answer:  C

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

38) A range name

A) Indicates a cell's specific location and the reference does not change when you copy the formula.

B) is a word or a string of characters that represent one or more cells.

C) indicates a cells relative location from the cell containing the formula.

D) creates an Equals (=) sign.

Answer:  B

Diff: 3

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

 

39) To simplify entering ranges in formulas you can use

A) range names.

B) a cells relative location.

C) both an absolute and a relative cell reference.

D) a cell's specific location.

Answer:  A

Diff: 3

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

 

40) One benefit of using range names in formulas is

A) it directly or indirectly refers to the cell containing the formula.

B) it contains both an absolute and a relative cell reference.

C) it identifies the present value of the loan.

D) if you copy the formula, you do not have to make the cell reference absolute.

Answer:  D

Diff: 3

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

41) Semi-selection or pointing is the process of using the mouse to select cells while building a formula.

Answer:  TRUE

Diff: 1

Reference:  Formula Basics

Objective:  1

AppChap:  Excel 2: Formulas and Functions

 

42) A formula in Excel must begin with a Plus (+) sign.

Answer:  FALSE

Diff: 1

Reference:  Formula Basics

Objective:  1

AppChap:  Excel 2: Formulas and Functions

 

43) A relative cell reference indicates a cell's relative location from the cell containing the formula; the reference changes when you copy the formula.

Answer:  TRUE

Diff: 1

Reference:  Formula Basics

Objective:  2

AppChap:  Excel 2: Formulas and Functions

 

44) An absolute cell reference indicates a cell's specific location and the reference changes when you copy the formula.

Answer:  FALSE

Diff: 1

Reference:  Formula Basics

Objective:  2

AppChap:  Excel 2: Formulas and Functions

 

45) A circular reference occurs when a formula directly or indirectly refers to the cell containing the formula.

Answer:  TRUE

Diff: 1

Reference:  Formula Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

 

46) Excel displays a green arrow in the top left corner of a cell if it detects no possible error.

Answer:  FALSE

Diff: 2

Reference:  Formula Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

47) A function is a predefined formula that performs a calculation.

Answer:  TRUE

Diff: 2

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

 

48) An Argument (as it applies to Excel 2010) is an operator such as an equals sign or a plus sign needed to complete a function.

Answer:  FALSE

Diff: 2

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

 

49) The SUM function calculates the total of values contained in two or more cells.

Answer:  TRUE

Diff: 2

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

 

50) Because the SUM function is a rarely used function it has no button on the Ribbon.

Answer:  FALSE

Diff: 2

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

 

51) The AVERAGE function CANNOT calculate the arithmetic mean or average of values in a range.

Answer:  FALSE

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

52) The MAX function identifies the highest value in a range.

Answer:  TRUE

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

53) The TODAY function displays what is due to be done today.

Answer:  FALSE

Diff: 2

Reference:  Function Basics

Objective:  7

AppChap:  Excel 2: Formulas and Functions

54) The NOW function displays the current date and time.

Answer:  TRUE

Diff: 2

Reference:  Function Basics

Objective:  7

AppChap:  Excel 2: Formulas and Functions

 

55) The IF function only evaluates a condition if the condition is true.

Answer:  FALSE

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  8

AppChap:  Excel 2: Formulas and Functions

 

56) The logical test evaluates true or false.

Answer:  TRUE

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  8

AppChap:  Excel 2: Formulas and Functions

 

57) A lookup table contains The available functions for this specific workbook.

Answer:  FALSE

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

58) The breakpoint is the lowest value for a specific category or series in a lookup table.

Answer:  TRUE

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

59) The PMT function calculates The breakpoint of the lowest value for a specific category.

Answer:  FALSE

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

60) The RATE is the periodic interest rate, such as a monthly interest rate.

Answer:  TRUE

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

61) The NPER is the total number of payment periods.

Answer:  TRUE

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

62) The PV is the payment vector of the loan.

Answer:  FALSE

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

63) A range name is a word or a string of characters that represent one or more cells.

Answer:  TRUE

Diff: 3

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

 

64) A Range name can contain up to 1000 characters but it must begin with a number.

Answer:  FALSE

Diff: 3

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

 

65) One benefit of using range names is that if you copy the formula, you do not have to make the cell reference absolute in the formula.

Answer:  TRUE

Diff: 3

Reference:  Range Names

Objective:  12

AppChap:  Excel 2: Formulas and Functions

 

66) To decrease typing time and ensure accuracy, use semi-________ to select cells.

Answer:  selection

Diff: 1

Reference:  Formula Basics

Objective:  1

AppChap:  Excel 2: Formulas and Functions

 

67) Semi-selection is often called ________ because you use the mouse to select cells as you build the formula.

Answer:  pointing

Diff: 1

Reference:  Formula Basics

Objective:  1

AppChap:  Excel 2: Formulas and Functions

68) A relative cell ________ indicates a cell's relative location.

Answer:  reference

Diff: 1

Reference:  Formula Basics

Objective:  2

AppChap:  Excel 2: Formulas and Functions

 

69) An (A) ________ cell reference provides a permanent reference to a specific cell.

Answer:  absolute

Diff: 1

Reference:  Formula Basics

Objective:  2

AppChap:  Excel 2: Formulas and Functions

 

70) If a formula contains a reference to the cell containing the formula a ________ reference exists.

Answer:  circular

Diff: 1

Reference:  Formula Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

 

71) ________ references usually cause inaccurate results.

Answer:  Circular

Diff: 1

Reference:  Formula Basics

Objective:  3

AppChap:  Excel 2: Formulas and Functions

 

72) An Excel ________ is a pre-defined computation that simplifies creating formulas.

Answer:  function

Diff: 1

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

 

73) To insert a function by typing first type an (a) ________ sign.

Answer:  equal or equals or =

Diff: 1

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

 

74) The ________ function totals the values in two or more cells and displays the result in the cell containing the function.

Answer:  sum or SUM or Sum

Diff: 2

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

75) Because the ________ function is so commonly used, it is available on the Home tab and the Formulas tab under AutoSum.

Answer:  Sum or sum or SUM

Diff: 2

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

 

76) The ________ function finds the midpoint value or a list.

Answer:  MEDIAN or Median or median

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

77) The ________ function finds the lowest value in a list.

Answer:  MIN or Min or min

Diff: 2

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

 

78) The ________ function displays the current date (not time) in a cell.

Answer:  TODAY or today or TODAY

Diff: 2

Reference:  Function Basics

Objective:  7

AppChap:  Excel 2: Formulas and Functions

 

79) The ________ function displays the current date and time in a cell.

Answer:  NOW Now now

Diff: 2

Reference:  Function Basics

Objective:  7

AppChap:  Excel 2: Formulas and Functions

 

80) The ________ returns one value if a condition is true and another value if a condition is false.

Answer:  if If IF

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  8

AppChap:  Excel 2: Formulas and Functions

 

81) The ________ test formula is one that tests for true or false.

Answer:  logical or Logical

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  8

AppChap:  Excel 2: Formulas and Functions

82) The V________ function looks up a value in a table and returns a result from a specified column in the table.

Answer:  LOOKUP or lookup or LookUp or Lookup

Diff: 2

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

83) The ________ value is a reference to a cell containing a value to look up for a function.

Answer:  lookup or LOOKUP or LookUp or Lookup

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

84) The H________ function looks up a value in a horizontal table and returns a result from a row in the table.

Answer:  LOOKUP or lookup or LookUp or Lookup

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  9

AppChap:  Excel 2: Formulas and Functions

 

85) The ________ function calculates the periodic payment for a loan with interest.

Answer:  PMT pmt Pmt

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

86) The ________ is the periodic interest or a loan.

Answer:  rate RATE Rate

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

87) The ________ is the number of payments over the life of a loan.

Answer:  NPER nper NPer Nper

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

 

88) The ________ is the Present Value of a loan or in other words; how much was borrowed.

Answer:  PV pv Pv

Diff: 3

Reference:  Logical, Lookup, and Financial Functions

Objective:  10

AppChap:  Excel 2: Formulas and Functions

89) A ________ name is a word or string of characters that represent one or more cells.

Answer:  Range range RANGE

Diff: 3

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

 

90) You can use ________ names in formulas instead of cell references.

Answer:  Range range RANGE

Diff: 3

Reference:  Range Names

Objective:  12

AppChap:  Excel 2: Formulas and Functions

 

91) Match the function categories to their descriptions:

I.DatabaseA.Provides information about the contents of a cell.

II.Date & TimeB.Analyzes data stored in a database format Excel and 

returns key values.

III.EngineeringC.Provides methods for manipulating date and time 

values.

IV.FinancialD.Calculates values used by engineers such as value 

conversions.

V.InformationE.Performs financial calculations such as payments, 

rates, and present value.

Answer:  B, C, D, E, A

Diff: 1

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

 

92) Match the function categories to their descriptions:

I.LogicalA.Tests such as AND, OR, and NOT

II.Lookup & ReferenceB.Standard Math and trigonometry calculations

III.Math & TrigC.Calculations such as averages and standard 

deviations

IV.StatisticalD.Manipulates text strings

V.TextE.Looks up values in cells, creates links to cells, or 

provides references to cells

Answer:  A, E, B, C, D

Diff: 1

Reference:  Function Basics

Objective:  4

AppChap:  Excel 2: Formulas and Functions

93) Match the math and statistical functions to their descriptions:

I. =ABS(number)A.Counts how often a value appears in a 

given range

II.  FREQUENCY(data_array,bins_array)B.Displays the absolute value of a 

number

III. =INT(number)C.Rounds a value number down to the 

whole number

IV. =MODE.SNGL(number1,[number2],...)D.Displays the most frequently 

occurring value in a list

V. =PI()E.Returns the value of pi accurate 

up to 15 digits

Answer:  B, A, C, D, E

Diff: 1

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

 

94) Match the math and statistical functions to their descriptions:

I. =PI()A.Identifies a value's rank within a list 

of values; returns an average rank for 

identical values

II. =PRODUCT(number1, [number2],...)B.Generates a random number between 

two numbers you specify

III. =RANDBETWEEN(bottom,top)C.Multiplies all values in the argument list

IV. =RANK.AVE(number,ref,[order])D.Returns the value of pi accurate up to 

15 digits

V. =RANK.EQ(number,ref,[order])E.Identifies a value's rank within a list 

of values; the top rank is identified 

for all identical values

Answer:  D, C, B, A, E

Diff: 1

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

95) Match the math and statistical functions to their descriptions:

I.=ROUND(number,nun_digits)A.Returns the average of the 

internal values in a range by 

excluding the outliers

II.=SUMPRODUCT(array1,[array2],[array3],...)B.Finds the result of multiplying 

the values in one range by the 

related values in another column 

and then adding those products

III.=TRIMMEAN(array1,percent)C.Rounds a value to a specific 

number of digits

IV.=TRUNC(number,[num_digits])D.Displays the absolute value 

of a number

V.=ABS(number)E.Returns the integer equivalent 

of a number by removing the 

decimal or fractional portion

Answer:  C, B, A, E, D

Diff: 1

Reference:  Function Basics

Objective:  5

AppChap:  Excel 2: Formulas and Functions

 

96) Match the date/time function syntax to their descriptions:

I.=TODAY()A.Returns the serial number for a date

II.=NOW()B.Displays today's date: moth, day, year

III.=DATE(year,month)C.Displays the day within a month for a serial 

number of months from a serial number 

representing a date

IV.=EDATE(start,_date,months)D.Displays the serial number of a date a specified

number of months in the future or past

V.=DAY(serial_number)E.Displays today's date and current military time

Answer:  B, E, A, D, C

Diff: 1

Reference:  Function Basics

Objective:  6

AppChap:  Excel 2: Formulas and Functions

97) Match the date/time function syntax to their descriptions:

I.=EOMONTH(start_date,months)A.Identifies the last day of the 

month, a specified number of 

months from a serial number 

representing a date

II.=MONTH(serial_number)B.Returns the month (1 to 12) for 

a serial number

III.=NETWORKDAYS

(start_date,end_date,[holidays])C.Calculates a serial number of a 

date

IV.=WEEKDAY(serial_number,return_type)D.Calculates the number of 

workdays excluding weekends 

and specified holidays) between 

two dates

V.=WORKDAY(start_date,days,[holidays])E.Identifies the weekday (1-7) for 

a serial number

Answer:  A, B, D, E, C

Diff: 1

Reference:  Function Basics

Objective:  7

AppChap:  Excel 2: Formulas and Functions

 

98) Match the logical operators to their descriptions:

I.=A.Less than or equal to

II.<>  B.Equal to

III.< C.Not equal to

IV.> D.Less than

V.<= E.Greater than

Answer:  B, C, D, E, A

Diff: 1

Reference:  Logical, Lookup, and Financial Functions

Objective:  8

AppChap:  Excel 2: Formulas and Functions

 

99) Match the range names to their descriptions:

I.GradesA.Unacceptable name; can't use spaces in names

II.COLB.Acceptable abbreviation for cost-of-living

III.Tax_RateC.Unacceptable name; can't use special symbols and 

spaces

IV.Commission RateD.Acceptable range name

V.Discount Rate %E.Acceptable name with underscore

Answer:  D, B, E, A, C

Diff: 3

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

100) Match the range names to their descriptions:

I.Tax_RateA.Acceptable name with underscore and numbers

II.Commission RateB.Unacceptable name; can't start with a number

III.Discount Rate %C.Acceptable name with underscore

IV.2009_RateD.Unacceptable name; can't use special symbols and spaces

V.Rate_2012E.Unacceptable name; can't use spaces in names

Answer:  C, E, D, B, A

Diff: 2

Reference:  Range Names

Objective:  11

AppChap:  Excel 2: Formulas and Functions

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