COMPLETE GUIDE TO EXCEL 365: PIVOT, POWERPIVOT, &
FINANCIAL MODELING PRACTICE TEST SOLVED #11
Which sequence of menu actions can be used to create relationships between tables? -
correct answer Data >> Data Tools >> Create Relationship
Given a series of cash flows, which of the following Excel formulas tells us how much
they are worth today? - correct answer NPV()
You attempt to combine multiple tables into a Pivot Table, without having created a
relationship between the two tables. What happens? - correct answer Excel will perform
a cross join across those tables, effectively pairing each row from the first table with
every row from the second table
A bond has a nominal rate of 4%; this value is in cell B3. The bond's start date is in cell
D3, and its payment frequency and settlement dates are in cell E3 and F3 respectively.
Which Excel formula can we use to find its effective interest rate taking? - correct
answer EFFECT(B3,E3)
What is Power Pivot? - correct answer A COM add-in to run a separate UI of MS
Analysis Service from within Excel; this can be used to create pivot tables, visualize
relationships, and inter-operate with traditional pivot tables
Which sequence of menu actions can be used to create relationships in Power Pivot
from Excel? - correct answer Power Pivot >> Design View >> Manage Relationships >>
Create
A bond has a start date of 01-Dec-2020; this value is in cell D3. Which Excel formula
can we use to find its settlement date 5 years from the start date? - correct answer
EDATE(D3,60)
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