Using Basic Formulas and Functions (Part 2)

Lesson 9
Matching spreadsheet terms and definitions (Part 4)
As a recap of the previous session, you will link the term in the left column with the correct
definition provided in the right column.

Absolute Cell An acronym to indicate the order that mathematical

1. A.
Reference functions are applied.
A cell or range on a worksheet in another Excel
2. Arguments B.
workbook, or a defined name in another workbook.
An equation that performs calculations, such as
3. AutoSUM C. addition, subtraction, multiplication, and division, on
values in a worksheet.
A reference in which one component is absolute and
4. BODMAS D.
one is relative.

An element that identifies the value to be used in a

5. Constant E.
calculation.

6. External Reference F. A component of a function that is enclosed in brackets.

A reference that changes “relative” to the location

7. Formula G.
where it is copied or moved.

A function that automatically enters a formula to total

8. Function H.
values.

Mathematical A reference that does not change when a formula is

9. I.
Operator copied or moved.

10. Mixed Reference J. A predefined formula that performs a calculation

11. Name K. A number or text value entered directly into a formula.

A component of a formula that identifies a cell or a

12. Operand L.
range of cells on a worksheet.
A meaningful and logical identifier that can be applied
13. Range M. to make it easier to understand the purpose of a cell
reference, constant, formula, or table.

14. Reference N. A collection of one or more cells.

Relative Cell An element that specifies a calculation to be

15. O.
Reference performed.

Be prepared to discuss your answers with the rest of the class

Activity 1: Revision from Session 8
Task 1: Create Formulas to Calculate Income and Expenses
A colleague at Tailspin Toys has entered second quarter income and expense data into a
worksheet. You will enter formulas to calculate monthly and quarterly totals.

1. Use a suitable method to create a folder called Lesson 09 in your work area.

2. Open the Tailspin Toys workbook..

3. In E4 and enter the formula =B4+C4+D4.

The total £199,077 will appear.

4. In B6, use the SUM function to subtract the Cost of Goods Sold (B5) from the Sales (B4).
The Gross Margin for April is £22,359.

5. Use the fill handle to copy the formula to C6:D6.

6. In B11, use AutoSum to total the expenses in the range B8:B10.

The Total Expenses for April is £7.669.

7. Use the fill handle to copy the formula to C11:D11.

8. In B13, use the SUM function to subtract the Total Expenses (B11) from the Gross Margin
(B6).
The Net Income before VAT for April is £14,690.

9. Use the fill handle to copy the formula to C13:D13.

10. Replace the formula in E4 with an AutoSum for the range B4:D4.

11. Use an appropriate method to copy the formula in E4 to E5, E6, E8, E9, E10, E11, E13, E14
and E15.

12. In B15, use SUM to calculate the Net Income after VAT.
The Net Income after VAT for April is £9,695.

13. Use an appropriate method to copy the formula in B15 to C15 and D15.

14. Save the workbook in the Lesson 09 folder as Tailspin ToysXXX (where XXX are your
initials).

15. Close the workbook but Leave Excel open for the next task.

(Continued)
Task 2: Use AutoSum to Total Sales; Calculate Percentage of Increase (Continued)

Blue Yonder Airlines has created a workbook to analyse sales for its first four years of operation.
Enter formulas to determine the total sales for each division and the percentage increase/decrease
each year.

1. Open the Blue Yonder workbook.

2. In the appropriate cell in column F, use AutoSum to sum the ranges B4:E4, B5:E5, B6:E6,
B7:E7 and B8:E8.

3. In B12, type the formula =(C4-B4)/C4 and press Enter.

This formula calculates the percentage increase in sales from 2005 to 2006. The numbers in
brackets provide the amount of the increase and the increase is then divided by the 2006
sales.

4. Use the fill handle to copy the formula to B13:B15.

5. Use the fill handle to copy the range B12:B15 to the range C12:D15.

6. In F12, type the formula =(E4-B4)/E4 and press Enter.

This enters a formula to calculate the percentage increase from the first year (2005) to the
most recent (2008).

7. Copy the formula in F12 to F13:F15.

8. Save the workbook in the Lesson09 folder as Blue YonderXXX (where XXX are your
initials).

9. Close the workbook but Leave Excel open for the next task.

Task 3: Calculate Totals and Percentages

In the previous task, you calculated total sales for Blue Yonder’s first four years of operation. You
also calculated the percentage of increase or decrease in sales for each year. In this project, you
will calculate expense totals and percentage increase or decrease.

1. Open the Blue Yonder Expenses workbook.

The Expense History worksheet should be the active worksheet.

2. In B8, use AutoSum to total the 2005 Expenses.

3. Copy the formula in B8 to C8:F7.

4. In F4, use AutoSum to total Corporate Contracts expenses for the four-year period.

5. Copy the formula in F4 to F5:F8.

(Continued)
Task 3: Calculate Totals and Percentages (Continued)

6. In B12, create a formula to calculate the percentage increase in Corporate Contracts

expenses from 2005 to 2006.
Begin with 2006 Expenses minus 2005 Expenses, divided by the 2006 Expenses (Use
brackets to instruct Excel which function to perform first).

7. Copy the formula from B12 to B13:B15 and to C12:D15.

8. In F12, create a formula to calculate the percentage increase in expenses from 2005 to
2008.
Remember to construct the formula to subtract and then divide.

9. Change the number format to Percentage and,. i f necessary, Increase Decimal to display
one position after the decimal point.

10. Copy the formula in F12 to F13:F15.

11. Save the workbook in the Lesson09 folder as Blue Yonder ExpensesXXX (where XXX are
your initials).

12. Close the workbook but Leave Excel open for the next task.

Task 4: Using Functions to perform calculations

In this task you will select the most appropriate Function from the list provided that will produce the
result outline in the following instructions:
AVERAGE MIN POWER
COUNT MEDIAN ROUND
MAX MODE SQRT

1. Open a new blank workbook and Save it immediately in the Lesson09 folder as Activity
1XXX (where XXX are your initials).

2. Starting in A1, type the following numbers in cells A1 to A12:

43 39 41 49 45 42 44 47 41 48 40 41

3. In C2, type Average.

4. In C4, type Count.

5. In C6, type Max.

6. In C8, type Min.

7. In C10, type Median.

8. In C12, type Mode. (Continued)

Task 4: Using Functions to perform calculations (Continued)

9. In column D, next to the appropriate label, use the appropriate Function to calculate the
correct value for the range A1:A12.
10. In the range C2:C12, change the number of decimal places to 1.

11. In C14, type Square.

12. In C16, type Square Root.

13. In column D, next to the appropriate label, use the appropriate Function to calculate the
correct value for the number in A4.

14. Check your answers.

In descending order, they should read as follows:
43.3 12.0 49.0 39.0 42.5 41.0 2401 7

15. Save and Close the workbook.

16. Leave Excel open for the next activity.

End of activity
Activity 2: Working with data from another worksheet
Task 1: Refer to Data in Another Worksheet
1. Open the Personal Budget workbook.

2. Click Sheet2 to make it the active sheet.

3. Select B4, type = to indicate the beginning of a formula. Change to Sheet1 and select B7
then press Enter.
The value of cell B7 on Sheet1 is displayed in cell B4 of Sheet2; the formula bar displays
=Sheet1!B7.

4. With Sheet2 still the active sheet, select B4 and drag the fill handle to D4.
The values from Sheet1 row 4 are copied to Sheet2 row 4.

5. Rename Sheet2 as Summary and Rename Sheet1 as Expenses.

6. Delete Sheet3.
From left to right, worksheet tabs should be named Expenses and Summary.

7. Make the Summary sheet active and select B4.

The formula bar now shows the formula as =Expenses!B7.

8. Save the workbook as BudgetXXX in the Lesson 09 folder (where XXX are your initials).

9. Leave the workbook open for the next task.

Task 2: Reference Data in Another Worksheet

1. Use the workbook you saved in the previous task.

2. Click the File tab and click Options.

3. On the Options window, click Advanced.

4. Scroll to find the option Show all windows in the Taskbar and if it isn’t already selected,
select it and click OK.

5. With the Summary worksheet active, type Other Expenses in A10 and press Tab.

6. Open the Financial Obligations workbook.

This is the source workbook and BudgetXXX will be the destination workbook.

7. Switch to the Budget workbook, and with B10 still active, type = to indicate the beginning of a
formula.

8. Change to the Financial Obligations workbook and select B8.

A flashing marquee will identify this cell reference.
(Continued)
Task 2: Reference Data in Another Worksheet (Continued)

9. Press Enter to complete the external reference formula.

10. Select B10.

Your external reference has now been copied to this cell and the formula bar displays square
brackets around the name of the source workbook, indicating that the workbook is open, i.e.
'[Financial Obligations.xlsx]Financial'!$B$8.

11. Close the Financial Obligations workbook.

The formula bar in the Budget worksheet now displays the entire path for the source
workbook as in the figure because the source file is now closed.
Note: When the source is open, the external reference encloses the workbook name in
square brackets and when the source workbook is closed, the brackets are removed
and the entire file path is shown in the formula.

12. Save the destination workbook (Budget.XXX.xlsx) and Leave it open for the next task.

Task 3: Name a Range

1. Use the workbook you saved in the previous task.

2. Select B7 on the Expenses worksheet and click Define Name in the Name Manager group
on the Formulas tab.
The New Name dialogue box opens with Excel’s suggested name for the range.

3. Click OK to accept Income_Total as the name for B7.

Note that the Income_Total name appears in the name box instead of the default cell
reference of B7.

4. Select B36 and click Define Name.

5. In the New Name dialogue box, with box highlighted for entry, type Expenses.

6. Accept the default options in the Name and Scope boxes and click the Collapse Dialogue
button to select the range that makes up total expenses.

7. With the text already selected by default in the Refers to box, press Ctrl and click B15, B21,
B28, and B33, release Ctrl, and then click the Expand Dialogue button.
You have just selected cells that have the Expenses defined named copied and applied to
them as seen in the figure.

8. Click OK to close the New Name dialogue box.

9. Select B23:B27, click in the Name box to the left of the formula bar and type Transportation
and press Enter.

(Continued)
Task 3: Name a Range (Continued)

10. Select B30:B32, click Define Name and type Entertainment in the Name box on the
dialogue box. Click OK.

11. Select A15:B15and click Create from Selection in the Defined Names group.

12. In the Create Names from Selection dialogue box, the left column option is selected by
default so click OK to continue.
The dialogue box closes.
While naming this range doesn’t change the current worksheet, you will use the range you
just named in a later task.

13. Click on the down arrow to the left of the formula bar and you will see the following Named
Ranges:
Entertainment
Expenses
Home_Total
Income_Total
Transportation

14. Save the workbook and Leave it open to use in the next task.

Task 4: Change the Size of a Range

1. Use the workbook from the previous task.

2. Click Name Manager in the Defined Names group on the Formulas tab.

3. From the Name Manager dialogue box, click to select Home_Total and click Edit.
The Edit Name dialogue box opens.
In this example, you will change the scope (size) of the range rather than the name.

4. The Home_Total range is identified in the Refers To box at the bottom of the dialogue box so
click Collapse Dialogue and select B10:B14.

5. Click Expand Dialogue to view the dialogue box and click OK to accept your changes and
close the dialogue box.

6. Click Close to close the Name Manager dialogue box.

7. Save the workbook and Leave it open to use in the next task.

(Continued)
Task 5: Keep Track of Ranges (Continued)

1. Use the workbook from the previous task.

2. Click Name Manager on the Defined Names group on the Formulas tab.
You will use the Name Manager to modify previously created names and create new ones.

3. Select Income_Total and click Edit.

4. Select _Total in the Name field and press Delete.

5. Click OK to accept your changes and close the dialogue box.

6. Click New then type Short\Over in the Name box.
Be sure to use the backslash as you are specifying the name of a new range you will create
in the next step; if you accidently type a forward slash, you will get an error dialogue box. (If
that happens, click OK and return to the name and fix the error.)

7. In the Refers To box, type =Income-Expenses and click OK.

You have now used names to create a formula.

8. Click Close to close the Name Manager dialogue box.

9. Save the workbook and Leave it open to use in the next task.

Task 6: Create a Formula for a Named Range

1. Use the workbook from the previous task.

2. On the Expenses worksheet, select B28 and start a new formula by typing =sum(.

3. Then click Use in Formula in the Defined Names group on the Formulas tab.
The Use in Formula drop-down list appears. It contains all the Defined names that you
created as seen in the figure.

4. Click Transportation on the drop-down list and then type ) to close the brackets in the
formula and press Enter.
You have now defined the Transportation name for use in formulas for the selected range.

5. Select B33 and type the following formula =sum(Entertainment), and press Enter.

6. On the Summary worksheet, select B11 and start a new formula by typing =sum(.

7. Click Use in Formula and select Expenses from the drop-down list then type ) to close the
brackets and press Enter.
The value 2,868 appears in B11.

8. Save and Close the workbook then Leave Excel open to use in the next activity.

End of activity
Activity 3: Using Ranges to Provide Totals and Subtotals
Task 1: Select Ranges for Subtotalling
1. Open the Personnel workbook.

2. Select A5:F19 (the data range and the column labels)and click Sort in the Sort & Filter group
on the Data tab.

3. On the Sort by dialogue box, select Department as the sort by criterion.

4. Ensure that the My data has headers check box is selected and click OK.
The list is now sorted by Department.

5. With the (A5:F19) data range still selected, click Subtotal in the Outline group on the Data
tab.
The Subtotal dialogue box opens.

6. Select Department in the At each change in box.

7. Keep Sum as the default in the Use function box then select Salary in the Add subtotal to
box and deselect any other column labels.

8. Finally, select Summary below data if it is not selected and click OK.
Subtotals are inserted below each department with a grand total at the bottom.

9. With the data selected, click Subtotal in the Outline group.

10. In the dialogue box, click Average in the Use function box and click Replace current
subtotals to deselect it then click OK.
Average salaries are inserted below each department with a grand average above the grand
total.

11. Save the workbook in the Lesson 09 folder as Dept SubtotalsXXX (where XXX are your
initials).

12. Leave the workbook open for the next task.

Task 2: Modify a Range in a Subtotal

1. Use the worksheet you saved in the previous task.

2. Insert a row above the Grand Total row.

3. In B29, type Sales/Marketing Total.

4. Copy the subtotal formula from E27 to E29.

(Continued)
Task 2: Modify a Range in a Subtotal (Continued)

5. In the Formula bar, change the function 9 (which includes hidden values) to 109 (which
ignores hidden values)
This will exclude the sum and average subtotals for the individual departments within the
data range.; otherwise, the formula result will include the average salary and the total
salaries as well as the actual salaries for individual employees.

6. Replace the range in the Formula bar with E15:E25 and press Enter.
The salaries for the Sales and Marketing Departments combined are £310,000, which are
now entered into the cell.

7. Save the workbook in the Lesson 09 folder as Dept Subtotals RevisedXXX (where XXX are
your initials).

8. Close the workbook but Leave Excel open to use in the next task.

Task 3: Build a Subtotal and Total

1. Open the Personnel workbook.

2. Insert a row above row 11.

3. Select E11 and click Recently Used in the Formula Library group on the Formulas tab.
The Recently Used formula drop-down list appears.
Note that the SUBTOTAL function is not there.

4. Click on the Insert Function option.

5. Type SUBTOTAL in the Search for a function box and click Go.

6. When the SUBTOTAL function appears, it will be selected by default, click OK.
The Function Arguments dialogue box appears

7. Type 9 in the Function_num box.

8. Click Collapse Dialogue in Ref1 and select E6:E10.

You are going to input your first reference.

9. Click Expand Dialogue and click OK to accept your changes and close the dialogue box.
The Subtotal formula creates a value of £245,00 in E11.

10. Select B11 and type Support Staff Total.

11. Select B21 and type Sales and Marketing Total.

12. Select E21, click Recently Used and select SUBTOTAL.

(Continued)
Task 3: Build a Subtotal and Total (Continued)

13. Use 9 as the Function_num and the range E12:E20 to create the subtotal.
The Subtotal formula creates a value of £350,00 in E21.

14. Format the subtotal for Currency and match the formatting with the rest of the data.
If necessary, the width of column C to accommodate the new format.

15. Press Ctrl, select row 11 and row 21 and then click Bold on the Home tab to emphasise the
subtotals.

16. Select B22 and type Staff Total.

17. Select E22, click Recently Used and select SUBTOTAL.

18. Use 109 as the Function_num and the range E6:E21 to create the total.
The Subtotal formula creates a value of 595000 in E22.

19. Use the Format Painter to copy the formatting from row 21 to row 22.

20. Save the workbook in the Lesson 09 folder as Combined DeptsXXX (where XXX are your
initials).

21. Leave the workbook open to use in the next task.

Task 4: Display and Print Formulas in the Worksheet

1. Use the worksheet from the previous task.

2. Click Show Formulas in the Formula Auditing group on the Formulas tab.
All worksheet formulas are displayed.

3. Click the Page Layout tab and click Print under Gridlines and Print under Headings in the
Sheet Options group.

4. Click Orientation in the Page Setup group and click Landscape.

5. Click the File tab then click on Print and view the Print Preview.

6. Click the Page Setup link at the bottom of the print settings to open the Page Setup dialogue
box.

7. On the Page tab of the dialogue box, click Fit to: and leave the defaults as 1 page wide by 1
tall.

8. Click the Header/Footer tab then click Custom Header and type Your Name in the left
section.

9. Click OK to accept your changes and close the Page Setup dialogue box.

(Continued)
Task 4: Display and Print Formulas in the Worksheet (Continued)

10. Click the Print button at the top-left corner of the Backstage view window.

11. When prompted, click OK to print the worksheet.

12. On the Formulas tab, click Show Formulas.

Cell values are displayed.

13. Save and Close the workbook.

14. Leave Excel open to use in the next activity.

End of activity
Activity 4: Working with Formulas

Task 1: Create Formulas in a Template Worksheet

Tailspin Toys wants to project income and expenses for the third quarter based on its performance
in the second quarter. A template has been created for the projections. In this task, you will create
formulas for the calculations that affect only this worksheet. In the next task, you will create
formulas that refer to data in another worksheet in this workbook. As you are creating a template,
the values returned by your formulas will be £0 until you use the template in the next task.

1. Open the Tailspin Projections workbook.

2. In the Third Qtr worksheet, type 0 (zero) as a placeholder in B4 and in B5.

3. Select B6 and enter a formula to subtract the cost of goods sold from sales.
The value returned will be £0.

4. Type 0 as a placeholder in B8:B10.

5. Select B11 and click AutoSum to calculate total expenses.

6. Select B13 and enter a formula to subtract total expenses from the gross margin.

7. Corporation Tax is estimated to be 20% net income; in B14 and enter a formula to multiply
Net Income Before Tax by 20%.

8. In B15, enter a formula to calculate Net Income After Tax.

9. Save the workbook in the Lesson 09 folder as Tailspin TaxXXX (where XXX are your
initials).

10. Lave the workbook open for the next task.

Task 2: Refer to Data in Another Worksheet

Tailspin Toys wants to set goals for the third quarter based on its performance in the second
quarter. Its goal is to increase sales by 10% while keeping costs and expenses to 5%. You will
create formulas to calculate the projections.

1. Use the workbook already open from the last task.

2. Make Third Qtr the active sheet and display the Formulas.
The formula to establish the sales goal for third quarter will be Second Quarter Total Sales +
(Second Quarter Total Sales *10%).

3. In B4, using Insert Function select the SUM function.

The Function Arguments dialogue box appears

(Continued)
Task 2: Refer to Data in Another Worksheet (Continued)

4. As the Number1 function argument , select E4 from the Second Qtr worksheet.

5. In the Number2 function argument box, type +( and, once again, select E4 from the Second
Qtr worksheet).
The bracket is required to perform the calculation in the argument box first.

6. Continuing in the Number2 argument box, type *10%) and press Enter.
Your completed formula should read =SUM(‘SecondQtr’!E4,+(‘Second Qtr’!E4*10%)).

7. On the Third Quarter worksheet, select B5 and select SUM from Recently Used in the
Function Library group.

8. As the Number1 function argument , select E5 from the Second Qtr worksheet.

9. In the Number2 function argument box, type +( and, once again, select E4 from the Second
Qtr worksheet).

10. Continuing in the Number2 argument box, type *5%) and press Enter.

11. Copy the formula in B5 to B8:B10.

12. Save the workbook in the Lesson 09 folder as Tailspin TaxXXX (where XXX are your
initials).

13. Close the workbook and Leave Excel open for the next task.

Task 3: Name a Range and Use the Range in a Formula

Blue Yonder Airlines wants to analyse the sales and expense data from its four-year history.

1. Open the Income Analysis workbook.

2. Ensure that the Sales worksheet is active, then select B4:E4 and click Define Name on the
Formulas tab.

3. Accept the defaults in the dialogue box and click OK.

4. Repeat Step 2 and name the other three income sources.

5. On the Analysis worksheet, select B5 and, use the Corporate Contracts named range,
create a formula to calculate the four-year average for Corporate Contract sales.

6. Create similar formulas using the appropriately named ranges in B6, B7 and B8.

7. In column C, create a formula to calculate the maximum sales for each division.

8. In D4 and D10, type Minimum.

(Continued)
Task 3: Name a Range and Use the Range in a Formula (Continued)

9. In column D, create a formula to calculate the minimum sales for each division.

10. On the Expenses worksheet, create a Named Range called Corporate_Expenses to

represent the Corporate Contract expenses.

11. Repeat Step 10 for Sky Diving expenses (SkyDiving_Expenses), Charter Flight expenses
(CharterFlights_Expenses) and Flight School expenses (FlightSchool_Expenses).

12. On the Analysis worksheet, use the appropriate named range to create a formula to
calculate the average, maximum and minimum expenses for each division.

13. Save the workbook in the Lesson 09 folder as Income AnalysisXXX (where XXX are your
initials).

14. Leave the workbook open for the next task.

Task 4: Edit a Range and Update a Formula

The 2009 performance figures for Blue Yonder Airlines have just been released and the Financial
Director wants the spreadsheet updated so that he can analyse the sales and expense data for the
five years that the company has been operating.
Division Income Expense
Corporate Contracts £1,532 £1,121
Sky Diving £92 £77
Charter Flights £147 £115
Flight School £201 £143

1. Use the workbook from the previous task.

2. On the Sales worksheet, insert a new column between E and F.

3. Label the heading in F3 as FY 2009 and amend the heading in G11 to include 2009.

4. Make suitable amendments to the headings on the Expenses worksheet.

5. On the Sales worksheet, type the Income figures (from above) for each division into the
appropriate cell in column F.

6. Use a suitable formula to total the Sales Income in F8 and add the relevant percentage
increase to the range E12:E15.

7. On the Expenses worksheet, type the Expense figures (from above) for each division into
the appropriate cell in column F.
Notice the Total values in column G did not change; we will amend this issue later.

(Continued)
Task 4: Edit a Range and Update a Formula (Continued)

8. Use a suitable formula to total the Expenses in F8 and update the relevant percentage
increase to the range E12:E15.

9. Amend the data format in the range E12:E15 to show Percentage to 1 decimal place.

10. Use Name Manager to edit all the Named Ranges to include the 2009 values.
When you Close the Name Manager dialogue box, all the figures on the Analysis worksheet
will automatically update.

11. Make the Expenses worksheet active and select G4.

The formula =SUM(B4:E4) is displayed in the Formula Bar.

12. In the Formula Bar, replace the E with a F then press Enter.

13. Use a suitable method to update the formulas in the range G5:G7.

14. Make the Analysis worksheet active and Show Formulas on the screen, adjusting column
width, if necessary, to display the entire formulas.

15. Set the orientation to Landscape and add Your Name to the left of the header.

16. Change the view to Page Layout and print the Analysis worksheet with Gridlines and
Column Headings included.

17. Save the workbook in the Lesson 09 folder as Analysis FormulasXXX (where XXX are your
initials).

18. Close the workbook and then Close Excel.

End of activity
 Unit 04 - Produce a Range of Spreadsheets
Student Workbook
Review Activity
Multi-Choice Quiz

Question 9.01: Which of the following is not a mathematical operator?

A X

B +

C *

D /

Question 9.02: Which function automatically totals cells directly above or to the left of the cell
containing the formula?

A COUNT

B SUM

C AutoSum

D TOTAL

Question 9.03: Which of the following shows a formula for a reference to another worksheet in
the same workbook?

A =Sum(Sheet2:A4-A6)

B =Expenses!B7

C =‘[Financial Obligations.xlsx]Sheet1’!$B$2

D =$Sheet2?A5

Question 9.04: Which of the following shows a formula for an external reference?

A =Sum(Expenses)

B =Budget!B7

C =‘[Budget.xlsx]Sheet1’!$B$2

D =$Budget.xlsx?A5
 Unit 04 - Produce a Range of Spreadsheets
Student Workbook
Review Activity

Question 9.05: Which of the following shows a formula that references a named range?

A =Sum(Expenses)

B =Sum(Expenses!B7)

C =Sum(B6:B10)

D =Sum($B6:$B10)

Question 9.06: Which of the following is an acceptable name for a named range?

A !Month End!

B Month_End

C Month End

D 'Month End'

Question 9.07: Which of the following is an example of a mixed reference?

A Sheet1!A5:C5

B ‘[Budget.xlsx]Sheet1’!B2

C $B10

D '[C:\Targets\Budget.xlsx]Sheet1’!B2

Question 9.08: The component of a formula that identifies the value to be used in the calculation
are known as:

A Operand

B Function

C Formula

D Constant
 Unit 04 - Produce a Range of Spreadsheets
Student Workbook
Review Activity

Question 9.09: The correct formula to use to calculate the total value of the cells in the range
B4:B15 is:

A =TOTAL(B4:B15)

B =SUM(B4:B15)

C =AUTOSUM(B4:B15)

D =COUNT(B4:B15)

Question 9.10: Which of the following is not a function group in Excel?

A Statistical

B Financial

C Scientific

D Logical