Question 1.1.(TCO 2)

An absolute cell reference:

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 _____.

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

Absolute

Mixed

Relative

Constant

Question 4.4.(TCO 2)

Which of the following describes the SUM function?

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 ____.

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?

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?

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.

feature

formula

condition

option

Question 9.9.(TCO 2)

Arithmetic operations, cell references, and _____ can be used in Excel formulas.

constants

macros

programs

procedures

Question 10.10.(TCO 2)

To simplify entering ranges in formulas, you can use _____.

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?

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.

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.

home

page layout

data

view

Question 14.14.(TCO 7)

Which of the following file formats can store macros?

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.

saves

deletes

runs

disables