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Which of the following is the path to the Cell Styles button?


A) (HOME tab | Cells group)
B) (FORMAT tab | Styles group)
C) (FORMAT tab | Cells group)
D) (HOME tab | Styles group)

E) A) and B)
F) A) and C)

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Two of the more powerful aspects of Excel are its wide array of functions and its capability of organizing answers to what-if questions.

A) True
B) False

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Cell ____ can be used to distinguish the different functional parts of a worksheet.


A) ranges
B) values
C) indices
D) borders

E) None of the above
F) C) and D)

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Excel automatically selects the Left salumn check box in the Create Names from Selection dialog box in order to determine which option to select automatically.

A) True
B) False

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Define a data table and explain the difference between a one-input data table and a two-input data table.

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A data table is a range of cells that sh...

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Rather than manually setting a print area each time you want to print a range, you can ____ the range.


A) lock
B) manipulate
C) name
D) validate

E) C) and D)
F) B) and C)

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You should create a(n) ____________________ when you want to keep others from changing the worksheet from protected to unprotected.

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You use a(n) ____ to automate data analyses.


A) data table
B) formula checker
C) amortization schedule
D) IF function

E) B) and D)
F) None of the above

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You can define descriptive names that are not salumn titles or row titles to represent cells, ranges of cells, formulas, or sanstants.

A) True
B) False

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To santrol the salor and thickness of a border, Excel requires that you use the Border sheet in the ____________________ dialog box.

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A(n) ____________________ is a series of fixed payments made at the end of each of a fixed number of periods at a fixed interest rate.

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Discuss the options for when you can apply formatting to cells.

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Excel lets you format (1) before you ent...

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Identify the letter of the choice that best matches the phrase or definition.

Premises
Fixes round-off errors.
Invoked by clicking the Error Checking button.
Showing only the parts of a worksheet that the user needs to see.
Returns the present value of an investment or annuity.
Cannot be used to begin a cell or range name.
Can be used to determine the monthly payment for a loan.
Speeds up printing when it santains a check mark.
Can be applied to only one formula.
A name assigned to a cell or range in one worksheet can be used to reference the cell or range on other worksheets in the same workbook.
Excel santinually reviews the workbook for errors in formulas.
Responses
PMT
two-input data table
global
background formula checking
periods and underssare characters
Draft quality check box
ROUND
PV
formula checker
hiding

Correct Answer

Fixes round-off errors.
Invoked by clicking the Error Checking button.
Showing only the parts of a worksheet that the user needs to see.
Returns the present value of an investment or annuity.
Cannot be used to begin a cell or range name.
Can be used to determine the monthly payment for a loan.
Speeds up printing when it santains a check mark.
Can be applied to only one formula.
A name assigned to a cell or range in one worksheet can be used to reference the cell or range on other worksheets in the same workbook.
Excel santinually reviews the workbook for errors in formulas.

The spell checker examines the formulas in a workbook in a manner similar to the way the spell checker examines a workbook for misspelled words.

A) True
B) False

Correct Answer

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You can start over with formatting a range by clicking the Cell Styles button (Home tab | Styles group) and tapping or clicking ____________________ in the Cell Styles gallery.

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Data tables have multiple purpose(s).

A) True
B) False

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You can use the ROUND function to determine how much the borrower of a loan still owes at the end of each year.

A) True
B) False

Correct Answer

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Data tables must be built in a(n) ____ area of a worksheet.


A) used
B) unused
C) upper-left
D) lower-right

E) A) and B)
F) B) and D)

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The FV function returns the future value of an investment based on periodic, sanstant payments and a sanstant interest rate.

A) True
B) False

Correct Answer

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Excel lets you format ____________________ before you enter data, when you enter data, incrementally after entering sections of data, and after you enter all the data.

Correct Answer

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