Quiz 4
Quiz 4
Quiz 4
a. =SUMPRODUCT(C2:C5,B2:B5)
b. =SUMPRODUCT(C2:C4,B2:B4)
c. =AVERAGE(B2:B4)
d. =AVERAGE(C2:C4)
4. Company A is looking into four potential projects and will accept them if the
IRR is 10% or above, as shown in cell E2. What is the formula used in cell C2,
which can be copied down to cell C3 through C5, to generate the results shown
below?*
a. =IF(B2>=E2,"Accept","Reject")
b. =IF(B2>=$E2,"Accept","Reject")
c. =IF(B2>=E$2,"Accept","Reject")
d. =IF(B2>=$E$2,"Accept","Reject")
5. What are the shortcut keys to insert a new row in an Excel spreadsheet?*
a. ALT + H + I + R
b. ALT + H + I + C
c. ALT + H + I + I
d. ALT + H + I + S
6. What are the shortcut keys to group rows so you can expand/contract a section
of data?*
a. ALT + A + U + U
b. ALT + A + W + G
c. ALT + A + G + G
d. ALT + A + B
7. Which of the following Excel features allows you to select/highlight all cells
that are formulas?*
a. Find
b. Replace
c. Go To
d. Go To Special
8. What formula should be entered in cell A3 to display the results as shown
below?*
a. ="Income Statement"&A1
b. ="Income Statement "&A1
c. ="Income Statement "+A1
d. ="Income Statement "&"A1"
9. What formula can be used in cell G2 to create a dynamic date which shows the
last day of each month?*
a. =EOMONTH($B$2,B1)
b. =EOMONTH($B$2,G1)
c. =EOMONTH($B$2,C1)
d. =MONTH($G$2)
10.What are the keyboard shortcut keys to paste special?*
a. ALT + H + V + F
b. ALT + H + V + P
c. ALT + H + V + O
d. ALT + H + V + S
11.Assuming cell A1 is displaying the number "12000.7789". What formula
should be used to round this number to the closest integer?*
a. =MROUND(A1,100)
b. =MROUND(A1,10)
c. =ROUND(A1,0)
d. =ROUND(A1,1)
12.What are the keyboard shortcut keys to edit formula in a cell?*
a. F2
b. F4
c. CTRL + 1
d. CTRL + F
13.What are the keyboard shortcut keys to insert a table?*
a. ALT + N + R
b. ALT + N + C
c. ALT + N + V
d. ALT + N + T
14.In which tab of the ribbon can you change Workbook Views to Page Break
Preview?*
a. View
b. Review
c. Page Layout
d. Data
15.What is the best practice for financial modeling in excel?*
a. Use black font for all hard-coded numbers and formulas and blue font
for only the totals
b. Use blue font for all hard-coded numbers and formulas and black font
for only the totals
c. Use blue font for hard-coded numbers and black font for formulas
d. Use black font for hard-coded numbers and blue font for formulas
16.Which of the following features cannot be found in the Data ribbon?*
a. What-If Analysis
b. PivotTable
c. Data Validation
d. Text to Columns
17.The shortcut keys to increase the number of decimal places are*
a. ALT + H + 9
b. ALT + H + P
c. ALT + H + D
d. ALT + H + 0
18.Suppose a company expected its revenue to be $180,000 for 2014-2018. What
formula should be entered in cell E6 so it displays revenue in 2016 if it was
above budget, otherwise it'll show 0?*
a. =IF(E2<$B$6,E2,0)
b. =IF(E2<$B$6,0,E2)
c. =IF(E2>$B$6,E2,0)
d. =IF(E2>$B$6,0,E2)
19.What are the shortcut keys to open up the Find and Replace window?*
a. ALT + H + FD + R
b. CTRL + FD
c. ALT + H + R
d. ALT + H + FD
20.Which tab of the ribbon should you go to for removing gridlines on a
worksheet?*
a. Formulas
b. View
c. Review
d. Developer
ANSWERS:
1. D
2. C
3. D
4. D
5. A
6. C
7. D
8. A
9. A
10. D
11. C
12. A
13. D
14. A
15. C
16. B
17. D
18. C
19. C
20. B