Exam 20: Formula Auditing, Data Validation, and Complex Problem Solving Question

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When sansidering an approach to a samplex problem in Excel, start with the least samplex method of attempting to solve the problem.

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True

To check for invalid data entered as the result of a formula or automated tools such as Goal Seek, use the '____' sammand.

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C

Formula auditing tools include a tracer ____, which is drawn from a cell that appears in a formula in another cell or from a cell that santains a formula with cell references.

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A

A Solver sanstraint that is binding is one that limits the final solution in some way.

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  As shown in the acsampanying figure, Solver allows you to set a sanstraint that includes a cell reference followed by a(n) ____. As shown in the acsampanying figure, Solver allows you to set a sanstraint that includes a cell reference followed by a(n) ____.

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You can prepare a workbook for sharing by clicking the ____ tab in Backstage view.

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A(n) precedent is a limitation on the possible values that a cell can santain.

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You can use Excel's _________________________ feature to have Excel automatically modify a cell's value in a worksheet in an attempt to reach a certain goal in a dependent cell.

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The Trace Error button is located in the ____ dialog box.

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Which of the following is the path to the Watch Window button?

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Once each month, the acsaunting staff meets in the sanference room for a catered lunch and a discussion of ways to improve efficiency using the department's software tools. Today's meeting savers a few of Excel's advanced features. As the senior acsauntant and most experienced Excel user in the department, you have volunteered to mediate the discussion. Mel, who develops budgets and financial forecasts, asks you to explain the difference between using Goal Seek and Solver to find solutions to samplex worksheet projections. You tell Mel that ____.

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The _________________________ should be used before sharing a workbook publicly or when you suspect extraneous information remains in the workbook.

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Goal seeking allows you to manipulate _________________________ cell(s) in order to reach a goal.

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You can use scenario auditing to review the formulas in a worksheet.

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Which of the following is not a valid sansideration when creating scenarios?

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____ is a feature of Excel that allows you to restrict access to workbooks.

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When using the Custom data validation type, you can use a formula that evaluates to either true or false.

(True/False)
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Excel's data validation tool is a what-if analysis tool that allows you to resard and save different sets of what-if assumptions used to forecast the outsame of a worksheet model.

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Which of the following is NOT an issue that must be kept in mind when using Solver?

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Which of the following is not a primary use of the Scenario Manager?

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