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Exam (elaborations)

MGSC Chapter 6 Exam (1).

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MGSC Chapter 6 Exam (1).

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  • August 11, 2024
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  • 2024/2025
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MGSC Chapter 6 Exam
Extracts text characters from the end (the right side) of a text string. A formula to extract the last
four characters from the text string in cell C4 looks like this: =RIGHT(Text,Num_chars) -->
=RIGHT(C4,4) - ANS-RIGHT

Extracts character from the beginning (the left side) of a text string. A formula to extract the first
two characters from the text string in cell C4 looks like this: =LEFT(Text,Num_chars) -->
=LEFT(C4,2) - ANS-LEFT

Extracts characters from a specified starting point in a text string. A formula to extract two
characters beginning with the 7th character in the text string from cell C4 looks like this:
=MID(Text,Start_num,Num_chars) --> =MID(C4,7,2) - ANS-MID

Refers to adjusting a number up or down to make it more appropriate to the context in which it is
being used. - ANS-Rounding

Rounds the number up or down to the number of decimal places specified in the Num_digits
argument. =ROUND(Number,Num_digits) --> =ROUND(B1/B2, 2) - ANS-ROUND

Ignores the rules of rounding and automatically rounds up to the next number.
=ROUNDUP(Number,Num_digits) --> =ROUNDUP(B1/B2, 2) - ANS-ROUNDUP

Ignores the rules of rounding and automatically rounds down to the next number.
=ROUNDDOWN(Number,Num_digits) --> =ROUNDDOWN(B1/B2,2) - ANS-ROUNDUP

a function defined within another function, the enclosing function - ANS-Nested formula/ Nested
function

the result of multiplying two or more numbers - ANS-Product

Allows you to multiply the corresponding cells in two or more ranges and then sum (add
together) the products. Useful when totaling columns of data such as hours worked and hourly
rates or unit prices and number of units ordered. =SUMPRODUCT(Array1,[Array2],[Array3]...)
--> =SUMPRODUCT(C4:C15,D4,D15) - ANS-SUMPRODUCT

totals the values only where cells meet the specified criteria. Takes two required arguments and
one optional argument. =SUMIF(Range, Criteria, [Sum_range] --> =SUMIF(JuneItems, B1,
JuneOrderd) - ANS-SUMIF

takes arguments for up to 127 pairs of criteria ranges and criteria. The result of SUMIFS is the
total of all cells that meet all criteria. Takes 3 required arguments and multiple optional

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