Financial Modeling with Excel Solved Exam Questions
Course Introduction
Financial Modeling with Excel introduces students to the foundational techniques and best practices for building dynamic financial models using Microsoft Excel. The course covers essential Excel functions, data organization, scenario and sensitivity analysis, forecasting, and the design of models for valuation, budgeting, and financial statement analysis. Emphasis is placed on practical application through real-world case studies, enabling students to interpret financial data and make informed strategic decisions. By the end of the course, students will have the skills necessary to construct robust financial models that support sound business planning and analysis.
Recommended Textbook
GO with Microsoft Excel 2016 Comprehensive 1st edition by Shelley Gaskin
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12 Chapters
1128 Verified Questions
1128 Flashcards
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Chapter 1: Introduction to Microsoft Office 2016 Features
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90 Verified Questions
90 Flashcards
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Sample Questions
Q1) When you press Enter and formatting marks are turned on,you will see a ________ at the point where you pressed enter.
A)Section Break
B)Soft Return
C)Page Break
D)Paragraph Symbol
Answer: D
Q2) You must install Windows 10 to use Microsoft Office 2016.
A)True
B)False
Answer: False
Q3) When you are editing a footer,the Header and Footer Tools tab,which is normally not visible,displays.This is an example of a ________ tab.
A)dynamic
B)contextual
C)quick access
D)mini
Answer: B
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Chapter 1: Excell: Creating a Worksheet and Charting Data
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97 Verified Questions
97 Flashcards
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Sample Questions
Q1) When using a touchscreen,which of the following actions is the same as clicking an item?
A)Slide right
B)Tap the item
C)Press and hold for a few seconds
D)Touch the item with two fingers
Answer: B
Q2) The ________ gallery displays a set of predefined characteristics that change the overall visual look of a chart.
Answer: Chart Styles
Q3) After column Z in an Excel worksheet,the next column is AA.
A)True
B)False
Answer: True
Q4) Which of the following is NOT a way to create a formula?
A)By typing
B)By using the point-and-click technique
C)By using a Function button located on the ribbon
D)By using a Function button on the status bar
Answer: D
Page 4
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Chapter 2: Excell: Using Functions, Creating Tables, and Managing Large Workbooks
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90 Verified Questions
90 Flashcards
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Sample Questions
Q1) If the result of a logical test is false,Excel will always display YES in the cell.
A)True
B)False
Answer: False
Q2) If a sheet tab has ________ you know that it is not selected.
A)a dotted background
B)a background color
C)a bolded border
D)a red border
Answer: B
Q3) Ctrl + P is the keyboard shortcut for Paste.
A)True
B)False
Answer: False
Q4) If a cell is too narrow to display a result of a formula or function,the ##### message displays.
A)True
B)False
Answer: True
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Chapter 3: Excell: Analyzing Data With Pie Charts, Line
Charts, and What-If Analysis Tools
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79 Verified Questions
79 Flashcards
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Sample Questions
Q1) Numbers that display with E + a number are an exponential notation.
A)True
B)False
Q2) When you group sheets,only one sheet can be viewed in Print Preview.
A)True
B)False
Q3) In a(n)________ time is displayed along the bottom axis and data point values connect in the chart to show a trend over time.
Q4) A(n)________ chart emphasizes the flow from one data point value to the next.
Q5) ________ is a group of related data points represented by data markers.
A)A data series
B)A value axis
C)The y-axis
D)The x-axis
Q6) Use the ________ key to select A5:A8 and D5:D8.
A)Alt
B)Shift
C)$
D)Ctrl
Q7) In the ________ pane,you can change the bounds of the axes. Page 6
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Page 7
Chapter 4: Excell: Use Financial and Lookup Functions,
Define Names, Validate Data, and Audit Worksheets
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99 Verified Questions
99 Flashcards
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Sample Questions
Q1) In a Lookup formula,the defined range is referred to as the table array.
A)True
B)False
Q2) Present value (Pv)represents the amount of the loan before any payments are made.
A)True
B)False
Q3) An advantage to naming a range of cells is that you can use the name in a formula in other parts of your workbook.
A)True
B)False
Q4) An advantage to naming a range of cells is that you can use the name in a ________.
A)data table
B)formula
C)table array
D)lookup table
Q5) ________ is the process of examining a worksheet for errors in formulas.
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Q6) The ________ command displays arrows that indicate what cells are affected by the value of the selected cell.
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Page 9
Chapter 5: Excell: Managing Large Workbooks and Using Advanced Sorting and Filtering
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98 Verified Questions
98 Flashcards
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Sample Questions
Q1) An organized collection of facts related to a specific topic is known as a ________.
A)field
B)database
C)query
D)record
Q2) When using custom or advanced filters,the selected range can be formatted as a table or a database.
A)True
B)False
Q3) You can use a(n)________ list to sort in an order that you define.
Q4) Instead of displaying a filtered list,you can copy the results of a filter to another area of your worksheet for comparison purposes;this action is known as ________.
A)extracting
B)filtering
C)pasting
D)coping
Q5) A custom list that you define must be based on a ________ such as text,a number,a date,or time.
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Chapter 6: Excell: Creating Charts, Diagrams, and Templates
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) ________ are workbooks you use as the basis for other similar workbooks.
A)Designs
B)Page Layouts
C)Common Reports
D)Templates
Q2) Match the following five chart elements to their descriptions:
i.data labels
II.data marker
III.data points
IV.data series
v.gridlines
A)A group of related data points that are plotted in a chart.
B)Lines in the plot area that aid the eye in determining the plotted values.
C)Display the value,percentage,and/or category of each particular data point.
D)Values that originate in a worksheet cell and that is represented in a chart by a data marker.
E)A column,bar,area,dot,or other symbol that represents a single data point.
Q3) If you need to make changes to a template,you must first remove protection.
A)True
B)False
Page 11
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Chapter 7: Excell: Creating Pivottables and Pivotcharts
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91 Verified Questions
91 Flashcards
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Sample Questions
Q1) In a PivotTable report,the calculations can be modified.
A)True
B)False
Q2) The ________ is a window that lists all the fields from the source data for us in a PivotTable and provides an areas in which you can arrange the fields in the PivotTable.
A)VALUES area
B)FITLERS area
C)PivotTable Fields pane
D)PivotChart
Q3) Which of the following is a report that is useful when you want to analyze related totals,such as when you have a long list of numbers to sum and you want to compare several facts about each total?
A)PivotTable chart
B)PivotChart table
C)PivotChart report
D)PivotTable report
Q4) A(n)________ report is a graphical representation of the data in a PivotTable report.
Q5) The default calculation in a PivotTable report is to ________ the numeric data.
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96 Verified Questions
96 Flashcards
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Sample Questions
Q1) Decision variables are also referred to as variable cells.
A)True
B)False
Q2) A moving average is a ________ of averages computed from parts of a data series.
A)sequence
B)chart
C)combination
D)total
Q3) Solver is located in the ________ group on the Data tab.
Q4) To determine a 10% growth rate over a previous month sales,you would take the previous month's sales and ________.
A)divide by 10%
B)multiply by 10%
C)multiply by 110%
D)divide by 110%
Q5) Solver is an analysis tool that is installed automatically when Excel is first installed.
A)True
B)False
Q6) A new business often operates at a ________ before becoming profitable. Page 13
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Page 14
Chapter 9: Excell: Using Macros and Visual Basic for Applications
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97 Verified Questions
97 Flashcards
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Sample Questions
Q1) Buttons that you add to the Quick Access Toolbar become a ________ part of the toolbar unless you specifically remove the button or reset the Quick Access Toolbar.
Q2) A named sequence of statements that performs a task is called ________.
A)a module
B)a function
C)a procedure
D)an ActiveX
Q3) The Developer tab must be enabled by going to the Backstage view and selecting Customize.
A)True
B)False
Q4) When you assign a shortcut key to a macro,it will take precedence over the shortcut keys that are ________.
A)external to Excel
B)built into Excel
C)case sensitive
D)used by all applications
Q5) In writing VBA procedures,comments are displayed in green and are preceded by an ________.
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Chapter
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96 Verified Questions
96 Flashcards
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Sample Questions
Q1) Records display in ________.
A)rows
B)headings
C)columns
D)labels
Q2) Data can be imported from a text file into Excel.
A)True
B)False
Q3) In Excel,you can insert a table beside another table in the same worksheet,and then work with the data in each table separately.
A)True
B)False
Q4) In Excel,you can not only track and manage financial and numerical data,but you can also create simple databases.
A)True
B)False
Q5) When you convert a range to a table,a table style is applied,and the headings display ________ arrows.
Q6) You can ________ data into Excel from an Access database.
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Chapter 11: Excell: Collaborating With Others and Preparing a
Workbook for Distribution
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Sample Questions
Q1) The read-only property CANNOT be set while the file is ________. A)deleted
B)read C)open D)saved
Q2) Excel workbook files have ________,which contain details about a file that describe or identify the file,including the title and author name.
Q3) An encrypted file CANNOT be opened without a password. A)True
B)False
Q4) You can accept or reject changes without your own actions being recorded as a change by selecting No One but Me. A)True B)False
Q5) A ________ document is a type of document that has an unauthenticated certificate that was created by the signer of the document.
Q6) The change history worksheet displays only when a worksheet is in ________ mode.
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Q7) In Excel,a Marked as Final document will display Read-Only in the ________ bar.
Q8) When you create your own ________,it is referred to as a self-signed project.
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