Exam 9: Cell References, Named Ranges, and Functions

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Which of the following is NOT a common error message?

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(Multiple Choice)
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B

The process of removing unwanted characters,rearranging data in a cell,or correcting erroneous data in text is called ________.

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C

If you incorrectly name a range,you can rename it by selecting the data and naming the range again.

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(True/False)
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True

Absolute cell referencing uses the # symbol.

(True/False)
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A(n)________ range is an extension of a cell reference and provides a way to identify commonly used cell references or ranges.

(Short Answer)
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________ functions are functions that manage,manipulate,and format strings.

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An example of a ________ is (C5+D5)/100.

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The result of =DATEDIF("12/21/2014","11/02/2016","Y")is 2.

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Excel's ________ function returns the current date and time.

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To return the number of cells in a range of cells that contain numeric data,use the ________ function.

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The ________ command produces multiple named ranges at one time from the headings in rows,columns,or both from the data set.

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An example of a ________ is SUM(A1:A10)

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________ text involves removing unwanted characters,rearranging data in a cell,or correcting erroneous data.

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The ________ function calculates the difference between two dates.

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Which of the following is NOT a Lookup or Reference function?

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In the number set 1 to 5,3 would be the middle of the data or the ________.

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Match the following functions with their definition.
IF
Returns one of two values depending upon whether the logical statement is evaluated as being true or false
VLOOKUP
Calculates periodic disbursement for a loan
OR
Matches a provided value in a table of data and returns a value from a subsequent column
Correct Answer:
Verified
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Responses:
IF
Returns one of two values depending upon whether the logical statement is evaluated as being true or false
VLOOKUP
Calculates periodic disbursement for a loan
OR
Matches a provided value in a table of data and returns a value from a subsequent column
AND
Returns true if all arguments are true
PMT
Returns true if one argument is true
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A name of a range can begin with the / symbol.

(True/False)
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In financial applications,the word ________ refers to the frequency of payments,such as monthly payments.

(Short Answer)
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The TODAY and NOW functions return the same result.

(True/False)
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