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CGS 2518 FSU - Final Exam (chpt 5-9) Questions and Answers
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CGS 2518 FSU - Final Exam (chpt 5-9) Questions and Answers
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CGS 2518 FSU - Final Exam (chpt 5-9)Questions and Answers
The lookup_value of a VLOOKUP function can be a contiguous cell range. - Answers -
False
In a VLOOKUP formula with a TRUE lookup type, the first column of the lookup table
referenced must be in ascending order to retrieve the correct value - Answers -True
The result_vector of a LOOKUP function must be sorted in ascending order. - Answers -
False
Reference and Lookup functions may not contain nested functions as arguments. -
Answers -False
The default range_lookup type for the VLOOKUP and HLOOKUP functions is FALSE. -
Answers -False
Excel matches the lookup_value "tom" with the entry "tom" in a lookup table. - Answers
-True
The row and column arguments in the INDEX function can be numeric values, Boolean
values, or text. - Answers -False
The formula = INDEX((B2:D7,B12:D17,B22:D17),2,3,2) returns the value in cell D13. -
Answers -True
The formula =AVERAGE(CHOOSE(1,B12:D17,B22:D17)) averages the value 1 with the
values in cells B12 to D17 and B22 to D17. - Answers -False
The formula =MATCH(40,{10,40,50,90},0) returns the value 2. - Answers -True
What happens when Excel is solving a VLOOKUP formula with a FALSE range_lookup
type and does not find an exact match in the lookup table? - Answers -#N/A
What is the difference between the LOOKUP function and the VLOOKUP or HLOOKUP
function? - Answers -The LOOKUP function looks up the greatest value that doesn't
exceed a specified value anywhere in a table or range.It doesn't have True/False. It
always gives an estimate, not an exact match.
, Use a 1 for this argument to indicate that interest will be paid at the beginning of each
compounding period - Answers -Type
This type of interest is calculated based on original principal regardless of the previous
interest earned - Answers -Simple Interest
This type of interest is calculated based on principal and previous interest earned -
Answers -Compound Interest
Function to calculate straight line depreciation based on the initial capital investment,
number of years to be depreciated, and salvage value. - Answers -SLN
Function to calculate the amount of a specific period payment that is principal in a given
period - Answers -PPMT
Which Excel function should you use when you want to look up a value from a two-
dimensional table, where both the columns and rows can be varied? - Answers -To find
a value in a two-dimensional table, use the INDEX function
Write a formula to choose the name of the fifth day of the week from the list starting with
Sunday, Monday, Tuesday....Saturday. - Answers -
=CHOOSE(5,"Sunday","Monday","Tuesday","Wednesday","Thursday","Friday","Saturda
y")
What is the difference between the LOOKUP and Match function? - Answers -The
LOOKUP function returns a corresponding value in a list, while the MATCH function
returns the relative position number of the lookup_value in a list.
Write a formula in cell B13 in the Pricing worksheet to determine the total cost of making
copies for this order (3 copies). Write the formula so that it works when copied into cells
B14:B16 - Answers -=VLOOKUP(A13,$A$2:$B$7,2,TRUE)*A13
Create a lookup table for the delivery worksheet so that you can use a lookup function
to calculate the delivery cost for each order. Organize Horizontally. - Answers -Order
Value: BLAH BLAH
Write a formula in the Pricing Worksheet to look up the correct delivery cost using the
lookup table you created (pizza delivery charges). Write the formula so that it can be
copied down the column. - Answers -=HLOOKUP(B13,$B$1:$D$2,2,TRUE)
Write a formula in cell C2 in the Scores worksheet that determines the final grade for
the student based on the grading scheme. - Answers -=HLOOKUP(B2,Grades!
$A$5:$E$6,2,TRUE)
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