<< DeVry Chicago BIS 155 Week 2 Quiz 2014 >>

DeVry Chicago BIS 155 Week 2 Quiz 2014

Week 2 Quiz

 1. Question : (TCO 2) In Excel, a relative cell reference:

  Student Answer:   indicates a cell's specific location and the reference does not change when you copy the formula.
     contains both an absolute and a relative cell reference.

      indicates a cell's relative location from the cell containing the formula; the reference changes when you copy the formula.
     occurs when a formula directly or indirectly refers to the cell containing the formula.

Question 2. Question : (TCO 2) Which of the following best describes a mixed cell reference?

  Student Answer:   Occurs when a formula directly or indirectly refers to the cell containing the formula.
     Causes a potential error.

     Contains absolute or relative cell references, but not both.

      Contains both an absolute and a relative cell reference.

Question 3. Question : (TCO 2) =$E2-G$4 contains examples of _____ cell references.

  Student Answer:   absolute

      mixed

     relative

     constant

Question 4. Question : (TCO 2) To display the current date on each page of an Excel worksheet, use the _____ function.

  Student Answer:   PRESENT

      TODAY

     CURRENT

     SET

Question 5. Question : (TCO 2) The MEDIAN function would identify the ____.

  Student Answer:   lowest value in a range.

      midpoint value in a range.

     highest value in a range.

     total number of cells in a range.

Question 6. Question : (TCO 2) Which of the following best describes the COUNT function?

  Student Answer:   Tallies the number of cells in a range that are not empty.

     Tallies the number of blank cells in a range.

     Displays the current date.

      Tallies the number of cells in a range that contain values.

Question 7. Question : (TCO 2) The _____ function can be used to find an answer located in a vertical table.

  Student Answer:   FIND

     SEARCH

     HLOOKUP

      VLOOKUP

Question 8. Question : (TCO 2) The _____ number is the number of the column in the lookup table that contains the return values.

  Student Answer:   lookup value

      column index

     lookup table

     random

Question 9. Question : (TCO 2) Which of the following best describes the HLOOKUP function?

  Student Answer:   The periodic interest rate, such as a monthly interest rate.

     Calculates the periodic payment for a loan with a fixed interest rate and fixed term.
     Looks up a value in a lookup table where the first column contains the values to compare with the lookup value.
      Looks up a value in a lookup table in which the first row contains the values to compare with the lookup value.

Question 10. Question : (TCO 2) One benefit of using range names in formulas is that _____ .

  Student Answer:   it directly or indirectly refers to the cell containing the formula

     it contains both an absolute and a relative cell reference

     it identifies the present value of the loan

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

Question 11. Question : (TCO 2) When calculating a PMT function, the PV is best described by which of the following?

  Student Answer:   It is a set of range names.

     It is a word or a string of characters that represent one or more cells.
      It is the present value of the loan.

     It is why you do not have to make the cell reference absolute in the formula.

Question 12. Question : (TCO 7) A _____ is a partially completed workbook that you can use to create other workbooks that have the same structure and purpose.

  Student Answer:   theme

     style

      template

     macro

Question 13. Question : (TCO 7) To unlock cells, click the _____ tab, then click Format in the Cells group and select Lock Cell.

  Student Answer:    home

     page layout

     data

     view

Question 14. Question : (TCO 7) Which of the following file formats can store macros?

  Student Answer:    xlsm

     csv

     xml

     xlsx

Question 15. Question : (TCO 7) Users must click _____ Content to use the workbook and run the macros in the workbook.

  Student Answer:    Enable

     Disable

     Run

     Delete