BITM 215 A Grade Exam Questions Solved 100% with Certified Correct Answers
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Course
BITM 215
Institution
BITM 215
what is depreciation? - decline in value of an asset
payback period - length of time required for an investment to recover its initial cost
what is VDB - amount of depreciation changes over time
what is DB function - declining balance- asset declines by a constant percentage eac
BITM 215 A Grade Exam Questions
Solved 100% with Certified Correct
Answers
what is depreciation? - ✔✔decline in value of an asset
payback period - ✔✔length of time required for an investment to recover its initial cost
what is VDB - ✔✔amount of depreciation changes over time
what is DB function - ✔✔declining balance- asset declines by a constant percentage each
year (salvage,life,period,cost,monthoptional)
what is SLN function - ✔✔straight line- asset declines constant amount each year (salvage,cost, life)
what does P&L stand for? - ✔✔profit and loss
what is extrapolation? - ✔✔inferring values that do not appear in a given set of values based on
observable data
making an educated guess
what is interpolation? - ✔✔determining values that do not appear in a given set of values
taking values you already have and are filling in missing values
three arguments of database functions -
✔✔database field
, criteria
what is the minimum number of rows for Advanced Filtering - ✔✔2
equal and unequal signs select what kind of records? - ✔✔empty and non empty
what is a wildcard? - ✔✔(*) ability to select multiple files with a single expression
same row entries imply an _____ condition
values entered in different rows meet the _____ condition - ✔✔AND
OR
what is an elegant equation? - ✔✔simplest way to depict while reducing digital trash
what is Advanced Filter? - ✔✔complex criteria, copy rows to another section on worksheet
leaving original list intact
what is a nested logical function? - ✔✔a function inside another function
what does an IF function do? - ✔✔different actions based on whether the logical test is true or
false logical_test, Value_if_true, Value_if_false
what are target cells? - ✔✔goal or objective function-maximize, minimize or reach specific number
what are adjustable cells? - ✔✔cells that are adjusted- decision variables
what do constraints do? - ✔✔specify the restrictions binding and non-binding
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