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1 |  |  This basic Excel feature allows users to evaluate values and return a result |
|  | A) | Formulas |
|  | B) | Formatting |
|  | C) | Filters |
|  | D) | Insertions |
|  | E) | Components |
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2 |  |  This symbol alerts Excel that you are entering a formula and not text: |
|  | A) | * |
|  | B) | $ |
|  | C) | = |
|  | D) | # |
|  | E) | ^t |
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3 |  |  The color-coded editing tool that applies different colors to each cell or cell range included within a formula is called the |
|  | A) | Rectangular Marquee |
|  | B) | Shading Tool |
|  | C) | Format Tool |
|  | D) | Cell Selector |
|  | E) | Range Finder |
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4 |  |  When a formula contains a typographical error, unnecessary or missing punctuation, incorrect order of arguments, or an incorrect cell reference, it returns: |
|  | A) | An exclamation point. |
|  | B) | A syntax error notice. |
|  | C) | A # sign. |
|  | D) | A green alert. |
|  | E) | A red alert. |
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5 |  |  The Excel tool button that allows you to step through each part of a formula is called: |
|  | A) | Trace Precedents. |
|  | B) | Trace Dependents. |
|  | C) | Error Checking. |
|  | D) | Evaluate Formula. |
|  | E) | Watch Window. |
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6 |  |  When you are creating formulas using a cell location, the default cell reference is: |
|  | A) | Relative. |
|  | B) | Absolute. |
|  | C) | Constant. |
|  | D) | Fixed. |
|  | E) | Mixed. |
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7 |  |  This type of cell reference does not change when copied and remains in a fixed position during operations: |
|  | A) | Relative |
|  | B) | Absolute |
|  | C) | Constant |
|  | D) | Fixed |
|  | E) | Mixed |
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8 |  |  A handy keyboard shortcut that puts dollar signs ($$) around cell and row address in formulas is: |
|  | A) | F1. |
|  | B) | F5. |
|  | C) | ^$. |
|  | D) | Ctrl+*. |
|  | E) | F4. |
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9 |  |  In Excel, the acronym "Please Excuse My Dear Aunt Sally" helps the user remember: |
|  | A) | Order of operations. |
|  | B) | Exponents. |
|  | C) | Cell references. |
|  | D) | Macros . |
|  | E) | Hierarchies of numbers. |
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10 |  |  It is important to remember that Excel calculates these operations before any others are performed: |
|  | A) | Exponents |
|  | B) | Items in parentheses |
|  | C) | Mathematical expressions |
|  | D) | Fixed cell references |
|  | E) | Mixed cell references |
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11 |  |  In Excel, pre-defined formulas with a specific syntax pattern are called: |
|  | A) | Formulas. |
|  | B) | Factors. |
|  | C) | Functions. |
|  | D) | Operations. |
|  | E) | Calculations. |
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12 |  |  This Excel feature allows you to view totals, averages, or other statistical information without creating a formula: |
|  | A) | AutoCalculate |
|  | B) | AutoSum |
|  | C) | AutoCount |
|  | D) | AutoFunction |
|  | E) | AutoRun |
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13 |  |  This function calculates loan payment amounts when the borrower makes regular payments and the loan has a constant interest rate: |
|  | A) | STDEV |
|  | B) | AMORLINK |
|  | C) | PMT |
|  | D) | PERCLOAN |
|  | E) | PAYPCT |
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14 |  |  This useful Excel function evaluates a specified condition and returns one value if the condition is true and another value if the condition is false: |
|  | A) | COUNT |
|  | B) | LOOKUP |
|  | C) | HLOOKUP |
|  | D) | IF |
|  | E) | EVAL |
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15 |  |  To identify cells in worksheets other than where the current formula resides, use a: |
|  | A) | 3D cell reference. |
|  | B) | Link. |
|  | C) | LOOKUP. |
|  | D) | Relative cell reference. |
|  | E) | FINDIF. |
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