Excel Crash Course
All of the following are keyboard shortcut that allow the user input to add more sheets to a
workbook EXCEPT:
Alt i w
Alt h i s
Shift F11
Alt Shift F1
Alt h i w
Incorrect - ANS-Alt i w, Alt h i s, Shift F11 and Alt Shift F1 are all keyboard shortcuts for adding
more sheets to a workbook.
Alt h i w is not a valid shortcut.
Below is a Data Table designed to display the effect on 2015 Net Profit based of changes in
2015 Revenue Growth and 2015 COGS %. Please provide:
The cell reference required in D22.
The row input cell required by the Data Table.
The column input cell required by the Data Table.
Provide all three cell references, in order above, separated by commas with no space (i.e.
A1,A2,A3) Note: Do not include spaces within answer - ANS-The correct answer is: E8,E10,E11
E8 is the cell reference for 2018 Net Income, the output variable, which must be in the top left
corner of the table. E10, the 2015 revenue growth rate, is the row input cell, the variable that is
being sensitized in the top row of the table. E11, the COGS %, is the column input variable that
is being sensitized.
Identify a function in cell D6 that will return the fraction of the year elapsed assuming a 360 day
count basis.
=STUB(D4,D5)
=YEARFRAC(D4,D5,2)
=DAYS360(D4,D5)
=YEARFRAC(D4,D5) - ANS-The correct answer is: =YEARFRAC(D4,D5,2). STUB is not an
Excel formula. DAYS360 will return the number of days in a 360 day year. YEARFRAC(D4,D5)
will calculate the fraction using a 365-day year.
Identify the best formula that will output 2016 expenses. Hint: Only select the 'range lookup'
argument if it is necessary.
=HLOOKUP(2016,B2:D4,2,0)
=HLOOKUP(2016,A1:D4,3)
=HLOOKUP("Expenses",A1:D4,2)
=HLOOKUP(2016,B2:D4,2) - ANS-The correct answer is: =HLOOKUP(2016,A1:D4,3)