Excel Quiz 4

10 September 2022
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40 test answers

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question
Each slice in a pie chart represents a single value from a data series. ____________
answer
True
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Excel charts are either placed in their own chart sheets or embedded in a worksheet. ____________
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Excel charts are either placed in their own chart sheets or embedded in a worksheet. ____________
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A column chart turned on its side is called a bar chart, with the length of the bar determined by the data value. ___________
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True
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You can move a chart from one worksheet to another, or you can place the chart in its own chart sheet. ____________
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True
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Sparklines differ from data bars in that the sparklines are always placed in the cells containing the value they represent. ___________
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False
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Line charts are best suited for representing data that follows some nonsequential order. ___________
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False
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Interest is the amount of money being loaned. ___________
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False
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The PMT function calculates the payment required in each period to pay back the loan. ___________
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True
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Interest is the amount added to the principal by the lender. _________________________
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True
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A color bar is a conditional format that adds a horizontal bar to the background of a cell containing a numeric value. _________________________
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False
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Pie charts are most effective with ten or fewer slices. _________________________
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False
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By default, Excel inserts a chart as an embedded chart. _________________________
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True
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When you create sparklines, clicking any cell in the data range selects all of the sparklines in the group. _________________________
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False
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The cell with the largest value contains a data marker that extends across the entire width of the cell, and the lengths of the other bars in the selected range are determined relative to that bar. _________________________
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False
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In a line chart, the data markers are the points connected by the line. _________________________
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True
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Combination charts enable you to show three sets of data using the chart type that is best for each data set. _________________________
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False
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A ________ contains the actual values that are plotted on the chart.
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data series
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The ____ is the only one of the following charts to compare relative values from different categories to the whole.
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pie
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The ____ dialog box provides options for moving charts between worksheets and chart sheets.
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Move Chart
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Placing a chart in a ____ displays only the chart and no worksheet cells.
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chart sheet
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To resize an embedded chart, ____.
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select the chart and drag the corner sizing handle of the selection box
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To reposition the legend to the left-hand side of a chart, click the _________ button, point to Legend, click the right arrow icon, and click Left.
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Chart Elements
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____provide descriptive text for the individual data markers, such as pie slices
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Data labels
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A pie slice is a data marker that represents ____ from a data series.
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only one value
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To move one slice of a pie chart away from the pie creates a(n) ____.
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exploded pie chart
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A chart that compares three set of values in a three-dimensional chart is _____.
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Surface
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The ____ identifies which data markers are associated with each data series.
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legend
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____ is the amount added to the prinicpal of a loan by the lender.
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Interest
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The FV function stands for ____.
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future value
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The amount of money being loaned is known as the ____.
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principal
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PMT(rate, nper, pv [, fv=0] [, type=0]) In the figure above, nper stands for the ____.
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total number of payment periods
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PMT(rate, nper, pv [, fv=0] [, type=0]) In the figure above, pv stands for the ____.
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present value of the loan
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PMT(rate, nper, pv [, fv=0] [, type=0]) In the figure above, fv and type are ____.
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optional arguments
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PMT(rate, nper, pv [, fv=0] [, type=0]) The possible values for the type argument in the function above are.
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0 or 1
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In cases where a label placed outside a pie might appear farther from its slice than is easily readable, a(n) ____________________ might be added to connect the data to its corresponding slices.
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leader line
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The range of values, or ___________________, of an axis is based on the values in the data source.
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scale
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A chart that combines two or more chart types into a single graph is called a(n) ____________________ chart.
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combination
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Since scientific data is often plotting two numeric values against one another, it is oftentimes best to represent this data type with a(n) ____________________ chart.
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XY scatter
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______ are horizontal and vertical lines that help you compare data and category values.
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Gridlines
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The goal of a ______ is to convey the maximum amount of information within a very small space.
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sparkline