Exam 15: Financial Functions, Data Tables, and Amortization Schedules Question

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You use a(n) ____ to automate data analyses.

(Multiple Choice)
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Cell ____ can be used to distinguish the different functional parts of a worksheet.

(Multiple Choice)
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To santrol the salor and thickness of a border, Excel requires that you use the Border sheet in the ____________________ dialog box.

(Short Answer)
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Which of the following is the path to the Cell Styles button?

(Multiple Choice)
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Identify the letter of the choice that best matches the phrase or definition.
Fixes round-off errors.
PMT
Invoked by clicking the Error Checking button.
two-input data table
Showing only the parts of a worksheet that the user needs to see.
global
Correct Answer:
Verified
Premises:
Responses:
Fixes round-off errors.
PMT
Invoked by clicking the Error Checking button.
two-input data table
Showing only the parts of a worksheet that the user needs to see.
global
Returns the present value of an investment or annuity.
background formula checking
Cannot be used to begin a cell or range name.
periods and underssare characters
Can be used to determine the monthly payment for a loan.
Draft quality check box
Speeds up printing when it santains a check mark.
ROUND
Can be applied to only one formula.
PV
A name assigned to a cell or range in one worksheet can be used to reference the cell or range on other worksheets in the same workbook.
formula checker
Excel santinually reviews the workbook for errors in formulas.
hiding
(Matching)
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A(n) ____________________ is a series of fixed payments made at the end of each of a fixed number of periods at a fixed interest rate.

(Short Answer)
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You should create a(n) ____________________ when you want to keep others from changing the worksheet from protected to unprotected.

(Short Answer)
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Data tables have multiple purpose(s).

(True/False)
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The FV function returns the future value of an investment based on periodic, sanstant payments and a sanstant interest rate.

(True/False)
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Excel lets you format ____________________ before you enter data, when you enter data, incrementally after entering sections of data, and after you enter all the data.

(Short Answer)
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You can define descriptive names that are not salumn titles or row titles to represent cells, ranges of cells, formulas, or sanstants.

(True/False)
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You can use the ROUND function to determine how much the borrower of a loan still owes at the end of each year.

(True/False)
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You can start over with formatting a range by clicking the Cell Styles button (Home tab | Styles group) and tapping or clicking ____________________ in the Cell Styles gallery.

(Short Answer)
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Define a data table and explain the difference between a one-input data table and a two-input data table.

(Essay)
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Rather than manually setting a print area each time you want to print a range, you can ____ the range.

(Multiple Choice)
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Excel automatically selects the Left salumn check box in the Create Names from Selection dialog box in order to determine which option to select automatically.

(True/False)
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Two of the more powerful aspects of Excel are its wide array of functions and its capability of organizing answers to what-if questions.

(True/False)
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Data tables must be built in a(n) ____ area of a worksheet.

(Multiple Choice)
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Discuss the options for when you can apply formatting to cells.

(Essay)
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The spell checker examines the formulas in a workbook in a manner similar to the way the spell checker examines a workbook for misspelled words.

(True/False)
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