Excel Chapter 3 Test- BCIS Fall 2015 – Flashcards
Unlock all answers in this set
Unlock answersquestion
The IF function is a logical function that returns one value if a condition is true, and returns a different value if that condition is false.
answer
True
question
Lookup tables can be constructed for exact match or approximate match lookups.
answer
True
question
One challenge of nesting functions is to make sure that you include all of the parentheses.
answer
True
question
A trial-and-error method lets you explore the impact that changing input values has on the
calculated values in the workbook.
answer
False
question
The statement "A1 >= B1" tests whether the value in cell A1 is lesser than or equal to the value in cell B1.
answer
False
question
Optional arguments are always placed first in the argument list.
answer
False
question
A constant is a value in a formula that doesn't change.
answer
True
question
By default, AutoFill copies only the content not the formatting of the original range to the selected range.
answer
False
question
An argument can be any type of value including text, numbers, cell references, or even other formulas or functions.
answer
True
question
To display the current date and time, which is updated each time the workbook is reopened,
use the TODAY function.
answer
False
question
Using AutoFill, what would be the extended series of the initial entry Jan? ___
answer
Feb, Mar, Apr
question
The ____ function returns the maximum value in the range.
answer
MAX
question
Use ____ references when you want different formulas to refer to the same cell.
answer
absolute
question
____ references are seldom used other than when creating tables of calculated values such as a multiplication table in which the values of the formula or function can be found in the initial rows and columns of the table.
answer
Mixed
question
______ functions find values in tables of data and insert them in another location in the worksheet such as cells or in formulas.
answer
Lookup
question
Case-Based Critical Thinking Questions
Case 3-1
Ellen is a recent college graduate. She has decided to open a T-Shirt business and would like to create budget worksheet using Microsoft Excel 2013. She need to keep track of her expenses and income for the year.
Ellen wants to find out what her median monthly spending is. The monthly totals for her spending appear in the range A10:L10. Which of the following is NOT a way to enter the MEDIAN function into her database?
answer
Select the range A10:L10, click the Quick Analysis button, click TOTALS, and then click Median.
question
Referring to the figure above, the last entry shown in Column K is 644.7953813. There is a black "plus sign" on the lower right edge of the cell that is the ____.
answer
fill handle
question
Referring to the figure above, the last entry shown in Column K is 644.7953813. There is an icon in the cell underneath the 644.7953813 which is the ____.
answer
Auto Fill Options button
question
A logical function is a function that works with values that are either ____.
answer
true or false
question
Using the AutoFill Options button, the Fill Without Formatting option copies the ____ but not the formatting.
answer
content
question
If an optional argument is not included, Excel assumes a(n) ____ value for it.
answer
default
question
The ____ category of Excel functions retrieves data from multidimensional databases involving online analytical processing.
answer
Cube
question
Case-Based Critical Thinking Questions
Case 3-1
Ellen is a recent college graduate. She has decided to open a T-Shirt business and would like to create budget worksheet using Microsoft Excel 2013. She need to keep track of her expenses and income for the year.
Ellen opens Excel 2013 and enters her monthly income for one year beginning with January. To create a series of months, she can ____.
answer
Type January in cell A1 and then drag the filll handle.
question
Case-Based Critical Thinking Questions
Case 3-2
Susan is in charge of the inventory reports for her company. She will need to find specific inventory items as well as project increases in inventory costs. To get ready she will create a worksheet and use the Microsoft Excel 2013 Analysis tools.
Susan designs a worksheet with the inventory number, description, quantity, unit cost, reorder point and value. To find values in tables of data, and insert them in another location in the worksheet such as cells or in formulas, she will use ________.
answer
Lookup function
question
=IF(G22= "x ", SUM(H22:J22), " ") with display ______ if G22 is not equal to "x".
answer
a blank cell