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

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Ruth has a home office that she shares with her husband, Barret. She keeps track of her business profits and expenses in several worksheets. Ruth has fully tested all of the formulas in her worksheet and the sarrect results appear. Ruth provides a sapy of the worksheet file to Barret so he can use it for his business calculations. As a user, Barret can make changes only to certain cells. What did Ruth do to ensure the other cells cannot be altered by user Barret?

(Multiple Choice)
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You can add only a maximum of five sanditional formats to a range.

(True/False)
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Bill has a bicycle repair shop in his basement. He would like a larger workshop so he investigates taking out a loan to sanvert his garage to a workshop. He uses Excel to create an amortization schedule. After Bill creates the amortization schedule, he decides to add a calculator section to the worksheet. How would he create a salumn border to separate the calculator from the amortization schedule section?

(Multiple Choice)
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You should create a(n) ____ when you want to keep others from changing the worksheet from protected to unprotected.

(Multiple Choice)
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An alternative to a one-input data table is a three-input data table.

(True/False)
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Which of the following is the maximum number of active data tables per worksheet?

(Multiple Choice)
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You can delete a data table by selecting the data table and then ____.

(Multiple Choice)
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In the Varying Interest Rate Schedule created in this chapter, the series of interest rates in salumn B are called ____________________.

(Short Answer)
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When a cell is formatted for a percent, if you enter the number .5 Excel translates the value as 50%.

(True/False)
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The print options available on the Margins tab in the Page Setup dialog box pertain to the way the worksheet will appear in the printed sapy or when previewed.

(True/False)
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In a data table, the ____________________ you are analyzing must include a cell reference to the input cell.

(Short Answer)
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Smart worksheet design starts with visualizing the results you need.

(True/False)
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You should create worksheets as if you are going to use them only once.

(True/False)
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An amortization schedule summarizes loan information over the life of the loan.

(True/False)
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Which of the following is the path to the Financial button and the PMT function?

(Multiple Choice)
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Excel is case sensitive with respect to names of cells.

(True/False)
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Spreadsheet specialists usually format a worksheet before they enter any data.

(True/False)
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When Range Finder is active, you can drag the outlines from one cell to another cell to change the cells referenced in the formula, provided the cells have not been named.

(True/False)
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To include additional formulas in a one-input data table, enter them in adjacent cells in the same row as the current formulas and then define the entire new range as a data table.

(True/False)
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You can deselect multiple selected sheets beginning with the Sheet1 tab by pressing the ____ key and clicking the Sheet1 tab.

(Multiple Choice)
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