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REFM Question and answers already passed 2024/2025
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REFM Question and answers already passed 2024/2025 REFM - Model Test Blue Font Color - correct answer All hard-coded (i.e. manually entered) numbers; used for historical financial data and also for many input cells in the "Assumptions" part of models Black Font Color - correct answer All...

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

Subjects

  • refm
  • refm question and answers already passed

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  • REFM
  • REFM

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Carzola98

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REFM - Model Test
Blue Font Color - correct answer ✔All hard-coded (i.e. manually entered)
numbers; used for historical financial data and also for many input cells in the
"Assumptions" part of models


Black Font Color - correct answer ✔All formulas; also used for formulas that
include links to other worksheets or workbooks, but which are not direct links
(i.e. if you're adding two numbers that are both from other spreadsheets)


Green Font Color - correct answer ✔All direct links to cells in other
worksheets or workbooks


Currency shortcut - correct answer ✔Control + Shift + $


Excel ROUND function with 1 - correct answer ✔If num_digits is greater than
0, the number is rounded to the specified number of decimal places.
For example =ROUND(15.55,1) rounds 15.55 to 15.6.


Excel ROUND function with 0 - correct answer ✔If num_digits equals 0, the
number is rounded to the nearest integer (no decimal places).
For example =ROUND(15.55,0) rounds 15.55 to 16.


Excel ROUND function with - 1 - correct answer ✔If num_digits is less than
0, all decimal places are removed and the number is rounded to the left of the
decimal point (to the nearest ten, hundred, thousand, etc.).
For example =ROUND(15.55,-1) rounds 15.55 to the nearest 10 and returns
20 as the result.

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