Scribd
Upload
2 views7 pages

2k20–-Chapter-12

The document contains a detailed overview of Microsoft Excel functions, including their usage and characteristics. It includes a series of true/false questions related to various Excel functions and their applications. Additionally, it provides a structured layout for evaluating functions such as PMT, FV, and others within Excel.

Uploaded by

Khan Farhaan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
2 views7 pages

2k20–-Chapter-12

The document contains a detailed overview of Microsoft Excel functions, including their usage and characteristics. It includes a series of true/false questions related to various Excel functions and their applications. Additionally, it provides a structured layout for evaluating functions such as PMT, FV, and others within Excel.

Uploaded by

Khan Farhaan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 7

UnitName ChapterName SectionName

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions


Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions
Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions


Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions


Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions
Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions
Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions
Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions


Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions
Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions


Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions

Microsoft Excel – Functions Microsoft Excel – Functions Microsoft Excel – Functions


Question A B
To evaluate what a series of payments will be
worth at some point in the future, which of the PMT FV
following should be used?
Which type of function calculates if an
Financial Date
expression is true?
Which function determines the payment needed
FV() PV()
each period to repay a loan?
To easily select predefined functions in Excel,
Formula Bar Function wizard
select the :
A function must not contain another function in
True False
its argument.
INT() is used to round off a given number. True False
In FLOOR and CEILING, both the numbers must
True False
have the same sign.
The MOD() function returns the absolute
True False
(positive) value of its argument.
The ROUNDUP() function rounds a number
True False
away from 0.
The ROUND() function is the same as the INT()
True False
function.
Excel formulas are generally calculated from
True False
right to left.
Function is a special prewritten formula that takes
True False
one or values as argument.
Formulas with functions have three parts: an
equal sign, a function name and one or more True False
arguments.
A function must have atleast one argument. True False
The value returned by a function can be used by
True False
another function for further calculations.
The argument of a function can be a reference to
True False
another cell in the spreadsheet.
The argument of a function can be an expression. True False
A literal cannot be used as an argument for a
True False
function.
Excel’s Function Wizard can be used to enter a
True False
function.
If a function name is miss-spelt, Excel displays
True False
#NAME?
ROUND(21.5, 0) will return 21 True False
ROUND(21.5, -1) will return 20 True False
ROUNDDOWN() function rounds a number
True False
towards zero.
ROUNDUP(3.2, 0) will return the value 3 True False
MAX(23, MIN(11, 9), 6) will return an error
because we have used a function as an argument True False
of another function.
MIN(11, 2, “ABC”) will generate an error. True False
SQRT(-9) will generate an error. True False
In the FV() function, the interest rate is assumed
True False
to be constant.
In the PV() function, the first argument is the
True False
interest rate per period.
To calculate the monthly payment to be made to
True False
pay off a loan, we use the PMT() function.
To calculate the average of a set of values, we use
True False
the AVG () function.
In annuity functions, cash you pay out is
represented by a negative number while cash you True False
receive is represented by a positive number.
In financial functions like PV, PMT, the
True False
argument Nper is entered in months.
Suppose you wish to save each month so that you
have a sum of Rs 3,00,000 at the end of 3 years.
True False
To calculate the amount to be saved each month,
you will use the PMT () function.
C D E F

PV IRR

Valid Logical

PMT() PAY()

Calculations Library Status Bar


Answer Solution UnitNumber

b FV
12
d Logical
12
c PMT()
12
b Function wizard
12
b False
12
b False 12
a True
12
b False
12
a True
12
b False
12
a True
12
a True
12

a True
12
b False 12
a True
12
a True
12
a True
12
b False
12
a True
12
a True
12
b False 12
a True 12
a True
12
b False 12

b False
12
a True 12
a True 12
a True
12
a True
12
a True
12
b False
12

a True
12
a True
12

a True
12

You might also like