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CGS 2518 EXAM 2 ARMSTRONG QUESTIONS AND ANSWERS

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CGS 2518 EXAM 2 ARMSTRONG QUESTIONS AND ANSWERS

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  • November 25, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CGS 2518
  • CGS 2518
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millyphilip
CGS 2518 EXAM 2 ARMSTRONG
QUESTIONS AND ANSWERS

Which tools are best suited to calculate the impact of multiple interest rates on an auto
loan? Check all that apply.
Goal seek
Scenario Manager
One-variable data tale
Solver - Answers -Scenario Manager
One-variable data table

Which what-if analysis tool is the best option for complex calculations requiring
constrained optimization?
Goal seek
Scenario Manager
Data Tables
Solver - Answers -Solver

Which tools are best suited to calculate the impact of multiple interest rates on an auto
loan? Check all that apply.
Goal seek
Scenario Manager
One-variable data tale
Solver - Answers -Two-variable data table

This tool calculates the value required in a single cell to produce a desired result within
a related cell.
Goal Seek
Solver
One- or Two-variable data table
Scenario Manager - Answers -Goal Seek

This analysis tool has the ability to handle multiple adjustable cells while minimizing,
maximizing, or meeting goals.
Goal Seek
Solver
One- or Two-variable data table
Scenario Manager - Answers -Solver

Which of the following is an Excel add-in?
Goal Seek

, Solver
One- or Two- variable data table
Scenario Manager - Answers -Solver

Doug would like to purchase a new automobile. He has budgeted for $600 per month. If
the interest and number of payments are constant variables that cannot change, which
analysis tool should Doug use to calculate the amount to spend on a car? - Answers -
Goal Seek
A worksheet contains a PivotTable placeholder and the PivotTable Field List.Where do
you drag the State field if you want a list of each state in the first column of the
PivotTable? - Answers -Row Labels area

You have created a PivotChart showing sales by quarter by sales rep. Before
presenting it to management, you notice the name of a rep who has since been fired.
How do you remove this rep from the chart without deleting the data? - Answers -Filter
the Sales Rep field in the PivotChart and deselect the employee's check box.

Which PivotTable calculated field is correctly constructed to calculate a 20% tip on a
meal at a restaurant? - Answers -='Meal Cost'*.2

You created a PivotTable and made some changes to values in the original dataset
from which the PivotTable was created. How does this affect the PivotTable? - Answers
-Click Refresh in the Data group on the Options tab to update the PivotTable.


Which dialog box enables you to specify the result cells for a scenario summary report?
Scenario Summary
Scenario Values
Add Scenario
Solver Options - Answers -Scenario Summary

Which of the following tools can incorporate constraints?
Goal Seek
Solver
Data Tables
Scenario Manager - Answers -Solver

How can you determine if the Solver add-in is active? Check all that apply.
Solver is an option in the Home Tab of the Ribbon.
Solver is available via right-click.
Solver appears in the Data tab of the Ribbon.
Solver appears in the Goal Seek dialog box to make it appear as a label. - Answers -
Solver appears in the Data tab of the Ribbon.

A worksheet contains data for businesses that are sponsoring this year's Arts Festival.
The worksheet contains these columns in this sequence: Business Name, Address,

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