Question 1.1.(TCO 2) An absolute cell reference:(Points : 2)

causes a potential error.

indicates a cell’s specific location and the reference does not change when you copy the formula.

occurs when a formula directly or indirectly refers to the cell containing the formula

contains both an absolute and a relative cell reference.

Question 2.2.(TCO 2) In Excel, a function can be defined as a _____.(Points : 2)

predefined formula that performs a calculation

cell reference or a value

list of values and defined names as you enter data into a spreadsheet

set of rules that govern the structure and components for a formula

Question 3.3.(TCO 2) =$E2-G$4 contains examples of _____ cell references.(Points : 2)

Absolute

Mixed

Relative

Constant

Question 4.4.(TCO 2) Which of the following describes the SUM function?(Points : 2)

Identifies the midpoint value in a set of values.

Calculates the total of values contained in two or more cells.

Calculates the arithmetic mean or average of values in a range.

Displays the lowest value in a range.

Question 5.5.(TCO 2) The MEDIAN function would identify the ____.(Points : 2)

lowest value in a range.

midpoint value in a range.

highest value in a range.

total number of cells in a range.

Question 6.6.(TCO 2) Which of the following best describes the COUNT function?(Points : 2)

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 7.7.(TCO 2) The NOW function would perform which of the following?(Points : 2)

Contains another function embedded inside one or more of its arguments.

Evaluates a condition and returns one value if the condition is true and a different value if the condition is false.

Evaluates true or false.

Displays the current date and time.

Question 8.8.(TCO 2) A(n) _____ is tested in an IF function to determine if it is true or false.(Points : 2)

feature

formula

condition

option

Question 9.9.(TCO 2) Arithmetic operations, cell references, and _____ can be used in Excel formulas.(Points : 2)

constants

macros

programs

procedures

Question 10.10.(TCO 2) To simplify entering ranges in formulas, you can use _____.(Points : 2)

range names

a cell’s relative location

both an absolute and a relative cell reference

a cell’s specific location

Question 11.11.(TCO 2) When calculating a PMT function, the RATE would be described best by which of the following?(Points : 2)

It is the periodic interest rate, such as a monthly interest rate

It is the total number of payment periods.

It is a word or a string of characters that represent one or more cells.

It is the present value of the loan.

Question 12.12.(TCO 7) A _____ helps to ensure consistency and standardization for similar workbooks, such as detailed income statements for all 12 months in a year.(Points : 2)

template

macro

web query

function

Question 13.13.(TCO 7) To unlock cells, click the _____ tab, then click Format in the Cells group and select Lock Cell.(Points : 2)

home

page layout

data

view

Question 14.14.(TCO 7) Which of the following file formats can store macros?(Points : 2)

xlsm

csv

xml

xlsx

Question 15.15.(TCO 7) By default, Excel automatically _____ macros and displays a security warning when a file containing macros is opened.(Points : 2)

saves

deletes

runs

disables