Chapter 2 Multiple Choice

11 September 2022
4.7 (114 reviews)
10 test answers

Unlock all answers in this set

Unlock answers (6)
question
If cell E15 contains the formula =$C$5*J$15. What type of reference is J$15 in the formula?
answer
mixed reference
question
What function would most efficiently accomplish the same thing as =(B5+C5+D5+E5+F5)/5?
answer
=AVERAGE(B5:F5)
question
When you start to type =AV, what feature displays a list of functions and defined names?
answer
Formula AutoComplete
question
A formula containing the entry =$B3 is copied to a cell one column to the right and two rows down. How will the entry appear in its new location?
answer
$B5
question
Which of the following functions should be used to insert the current date and time in a cell?
answer
=NOW()
question
Which of the following is NOT an argument of the IF function?
answer
lookup_value
question
Which of the following is NOT true about the VLOOKUP function?
answer
the lookup table must be in ascending order
question
The function =PMT(C5,C7,-C3) is stored in cell C15. What must be stored in cell C5?
answer
periodic interest rate
question
Which of the following is NOT an appropriate use of the SUM function?
answer
=SUM(D15-C15)
question
What is the keyboard shortcut to create and absolute reference?
answer
F4