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CFI Assessment Questions And Answers Graded A+
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Which of the following formulas correctly anchors ONLY the row in cell A1? a) A$1 b) A1 c) $A$1 d) $A1 - ️️a) A$1 What combination of keys turns the value in a cell into a percentage? a) CTRL + H (PC) / Command + H (Mac) b) ALT + H + P (PC) / Ctrl + Shift + % (Mac) c) ALT + M (PC) / Ctr...

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  • September 17, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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CFI Assessment
Which of the following formulas correctly anchors ONLY the row in cell A1?

a) A$1
b) A1
c) $A$1
d) $A1 - ✔️✔️a) A$1




What combination of keys turns the value in a cell into a percentage?

a) CTRL + H (PC) / Command + H (Mac)
b) ALT + H + P (PC) / Ctrl + Shift + % (Mac)
c) ALT + M (PC) / Ctrl + M (Mac)
d) ALT + P (PC) / Ctrl + P (Mac) - ✔️✔️b) ALT + H + P (PC) / Ctrl + Shift + % (Mac)

Which of the following formulas properly produces the string "Income Statement"?

a) = "Income "+"Statement"
b) = "Income"&" "&"Statement"
c) = "Income"&"Statement"
d) =Income&Statement - ✔️✔️b) = "Income"&" "&"Statement"

Given the above screenshot, which of the following formulas will NOT produce the
correct weighted average of 7,751 as in cell D10?

a) =D8/C8
b) =SUMPRODUCT(C3:C7,D3:D7)/SUM(C3:C7)
c) =SUMPRODUCT(C3:C7,D3:D7)/C8
d) =(C3*D3+C4*D4+C5*D5+C6*D6+C7*D7)/C8 - ✔️✔️a) =D8/C8

Suppose the following formula is inputted into Excel:=MROUND(1/4,100)The output in
the cell will be:

a) 1
b) 0.2500
c) 0
d) 0.25 - ✔️✔️c) 0

Given the above screenshot, suppose =SMALL(C2:C6,4) is entered into cell C9. What
output will result from this formula?

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