MS4

Which of the following is the path to the Name Manager button?

(FORMULAS tab | Defined Names group)

Which of the following is the path to the Financial button and the PMT function?

(FORMULAS tab | Function Library group)

Which of the following is the path to the Borders button?

(HOME tab | Font group)

Which of the following is the path to the Cell Styles button?

(HOME tab | Styles group)

Which of the following is the path to the Protect Sheet button?

(REVIEW tab | Changes group)

To hide an entire workbook on an unattended computer, click the Hide button on the ____.

(VIEW tab | Window group)

To select noncontiguous ranges, after selecting the first range, hold down the ____ key an drag through the additional ranges of cells to select them.

CTRL

The ____ function returns the present value of an annuity.

PV

which of the following functions have these three arguments: rate, periods, payment?

PV, FV

which of the following are financial functions?

PV, PMT

Names are ____ cell references.

absolute

A(n) ____ shows the beginning and ending balances and the amount of payment that is applied to the principal and interest during each payment period.

amortization schedule

Which of the following is the maximum number of active data tables per worksheet?

as many as you want

In a process called ____, Excel continually reviews the workbook for errors in formulas as you create or manipulate it.

background formula checking

an amortization schedule shows the ___ of a loan, and the amount of payment that applies to the principal and interest for each year over the life of the loan

beginning balance ending balance

Cell ____ can be used to distinguish the different functional parts of a worksheet.

borders

The arguments in ____ in the ScreenTip for a function are optional.

brackets

You use a ___ to automate data analyses.

data table

A(n) index is a series of fixed payments made at the end of each of a fixed number of periods at a fixed interest rate.

false

An alternative to a one-input data table is a three-input data table.

false

Data tables have multiple purpose(s)

false

Excel is case sensitive with respect to names of cells.

false

In a data table, the formula(s) you are analyzing must include a cell reference to the output cell.

false

Spreadsheet specialists usually format a worksheet before they enter any data.

false

The PMT function has two arguments: rate and payment.

false

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 copy or when previewed.

false

The spell checker examines the formulas in a workbook in a manner similar to the way the spell checker examines a workbook for misspelled words.

false

You can add only a maximum of five conditional formats to a range.

false

You can use the ROUND function to determine how much the borrower of a loan still owes at the end of each year.

false

You cannot use column and row titles within formulas when you want to refer to the related data by name.

false

You can add and format a range border by right-clicking the selected range and clicking ___ on the shortcut menu.

format cells

You can choose which rules you want Excel to use by enabling and disabling them in the ____ area in the Excel Options dialog box.

formulas

Names are ____ to the workbook.

global

When a formula fails to pass one of the rules and background formula checking is enabled, Excel displays a small ___ in the upper-left corner of the cell assigned the formula.

green triangle

To prevent sensitive data from being seen in a worksheet, you can hide the worksheet by clicking ____ on the shortcut menu.

hide

which of the following are PMT function arguments?

monthly interest rate, number of payments, loan amount

A cell ____ often is created from column or row titles.

name

Rather than manually setting a print area each time you want to print a range, you can ____ the range.

name

With a(n) ____ data table you can vary the value in one cell.

one-input

You can scale a worksheet so that it will fit on one page with an option on the ____ tab in the Page Setup dialog box.

page

You should create a ___ when you want to keep others from changing the worksheet from protected to unprotected

password

You can delete a data table by selecting the data table and then ____.`

pressing the DELETE key

When building a worksheet for novice users, you should ____ the cells in the worksheet that you do not want changed, such as cells that contain text or formulas.

protect

Cell ____________________ ensures that users do not change values inadvertently that are critical to the worksheet.

protection

To prevent round-off errors, use the ____ function.

round

you can name a range by ___.

selecting a cell or range, clicking the define name button (formylas tab/define names group) selecting a cell or range, typing the name in the formula bar, and pressing the enter key

You can set up a worksheet to print in black and white with an option on the ____ tab in the Page Setup dialog box.

sheet

You can deselect multiple selected sheets beginning with the Sheet1 tab by pressing the ____ key and clicking the Sheet1 tab.

shift

____ examines the formulas in a workbook in a manner similar to the way the spell checker examines a workbook for misspelled words.

the formula checker

If you click the ____, Excel displays a menu; the first item in the menu identifies the error and the remainder of the menu contains commands from which you can choose

trace error button

A cell name often is created from column and row titles.

true

A column border is an unused column with a significantly reduced width

true

An amortization schedule summarizes loan information over the life of the loan.

true

Assigning names to a cell or range of cells allows you to select them quickly

true

Data tables have one purpose: to organize the answers to what-if questions

true

Excel automatically selects the Left column check box in the Create Names from Selection dialog box in order to determine which option to select automatically.

true

If you enter a formula using Point mode and click a cell that has an assigned name, then Excel will insert the name of the cell rather than the cell reference.

true

Once you set a print area, Excel will continue to print the specified range, rather than the entire worksheet

true

Smart worksheet design starts with visualizing the results you need

true

The FV function returns the future value of an investment based on periodic, constant payments and a constant interest rate

true

The best alternative to define the formulas in a data table involves using the cell references preceded by an equal sign.

true

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

Two of the more powerful aspects of Excel are its wide array of functions and its capability of organizing answers to what-if questions.

true

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

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

true

When you format a cell to display percentages, Excel assumes that whatever you enter into that cell in the future will be a percentage.

true

You can define descriptive names that are not column titles or row titles to represent cells, ranges of cells, formulas, or constants

true

You can double-click a cell with a formula and Excel will use Formula Seek to highlight the cells that provide data for the formula

true

If you wish to allow another worksheet user to be able to manipulate some cells, leave those cells ____.

unprotected

Data tables must be built in a(n) ____ area of a worksheet.

unused

Similar to the spell checker, Excel has a formula checker that checks formulas in a worksheet for rule ____.

violations