Spreadsheet Modeling and Analysis Review
Questions
Course Introduction
Spreadsheet Modeling and Analysis introduces students to the effective use of spreadsheet software as a powerful tool for data analysis and decision-making. The course covers fundamental concepts such as data organization, spreadsheet functions, logical and statistical operations, data visualization, and scenario analysis. Emphasis is placed on building, interpreting, and troubleshooting complex models used in finance, operations, and other fields. Through hands-on projects and real-world case studies, students gain practical experience in leveraging spreadsheets to solve business problems, enhance productivity, and support strategic planning.
Recommended Textbook
Your Office Microsoft Excel 2013 Comprehensive 1st Edition by Amy S. Kinser
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16 Chapters
1553 Verified Questions
1553 Flashcards
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Chapter 1: Navigate, manipulate, and Print Worksheets
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100 Verified Questions
100 Flashcards
Source URL: https://quizplus.com/quiz/30981
Sample Questions
Q1) Headers and footers contain ________ section(s).
A)one
B)two
C)three
D)four Answer: C
Q2) Information such as the modification history of a workbook would be found in a separate documentation worksheet.
A)True
B)False Answer: True
Q3) Which of the following is NOT a cell range?
A)A single cell
B)Noncontiguous cells
C)A table
D)Contiguous cells
Answer: C
Q4) A(n)________ cell range consists of cells directly adjacent to one another. Answer: contiguous
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Chapter 2: Formatting, functions, and Formulas
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94 Verified Questions
94 Flashcards
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Sample Questions
Q1) A(n)________ is a collection of fonts,styles,colors,and effects applied to a worksheet.
Answer: theme
Q2) When first argument in the SUBTOTAL function is in the range 101-111,only the visible values in the specified range are used.
A)True
B)False
Answer: True
Q3) When using the Accounting number format,negative numbers are indicated by ________.
Answer: parentheses or ( )
Q4) To find the smallest numerical value in a range of cells,you would use the MIN function.
A)True
B)False Answer: True
Q5) Formatting does not change the data value,it only changes its appearance. A)True
B)False
Answer: True
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Chapter 3: Cell References, named Ranges, and Functions
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96 Verified Questions
96 Flashcards
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Sample Questions
Q1) The ________ logical function will return one of two values depending upon whether the logical test being evaluated is true or false.
Answer: IF
Q2) If you wanted to find which value occurs most often in a cell range,you would use the ________ function.
A)MEDIAN
B)MEAN
C)MODE.SNGL
D)AVERAGE
Answer: C
Q3) A(n)________is an extension of a cell reference and provides a way to identify commonly used cell references or ranges.
Answer: named range
Q4) Which of the following is NOT a financial function?
A)PMT
B)PPMT
C)NPV
D)APR
Answer: D
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Chapter 4: Effective Charts
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Sample Questions
Q1) To create a pie chart,two data series,the labels and a set of corresponding values are required.
A)True
B)False
Q2) A bar chart is displayed horizontally and is useful for comparing categorized data sets.
A)True
B)False
Q3) A common enhancement for a scatter chart is the addition of ________.
Q4) The related data values used in creating a chart are called ________.
A)a legend
B)category labels
C)data series
D)value labels
Q5) A scatter chart is a variation of a stacked line chart emphasizing the amount of change over time.
A)True B)False
Q6) The ________ tool is a contextual tool that provides single-click access to charts and PivotTables.
Page 6
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Chapter 5: Complex Conditional and Retrieval Functions
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97 Flashcards
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Sample Questions
Q1) The MATCH function looks for a value within a range and returns the position of that value within the range.
A)True
B)False
Q2) The INDEX function works with the MATCH function extremely well because the MATCH function indicates the row where a match was found,and then the INDEX function can go to that row and another column to retrieve associated data.
A)True
B)False
Q3) Which of the following is the correct syntax for the INDEX function?
A)=INDEX(array, row_number, [column_number])
B)=INDEX(column_number, row_number, array)
C)=INDEX(array, column_number, [row_number])
D)=INDEX([column_number], row_number, array)
Q4) A(n)________ tree allows you to break down potential decisions in a logical,structured format.
Q5) The correct syntax for the COUNTIF function is: COUNTIF(range,logical_test).
A)True
B)False
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Chapter 6: Analyze Data Using Tables
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97 Verified Questions
97 Flashcards
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Sample Questions
Q1) ________ is the name used for a collection of related sets of information that are composed of separate elements.
A)Information sets
B)Variable sets
C)Data sets
D)Field sets
Q2) It is not recommended to use the ________ formatting techniques found on the Home tab with PivotTables.
Q3) To open the Create PivotTable dialog box,click on the ________ tab,and then click Summarize with PivotTable.
A)Home
B)Insert
C)Data
D)Design
Q4) Raw data without context is of minimal value to users.
A)True
B)False
Q5) A PivotTable can be created on a new or an existing ________.
Q6) ________ are charts that are tied to the data within a PivotTable.
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Chapter 7: Multiple Worksheets workbooks and Templates
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98 Verified Questions
98 Flashcards
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Sample Questions
Q1) A 3-D reference allows formulas and functions to use data from cells and cell ranges across worksheets.
A)True
B)False
Q2) A primary advantage of the ability to reference data in multiple workbooks is that you can access data at its source in its ________ location.
Q3) Input Across Worksheets can be used to copy cell contents,formats,or contents and formats (All)to worksheets in a group.
A)True
B)False
Q4) ________ is a command that can be used to copy cell contents,formats,or both contents and formats to worksheets in a group.
Q5) Templates are readily available through the ________ tab when creating a new workbook.
A)File
B)Home
C)Insert
D)Data
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Chapter 8: Refine an Excel Application
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100 Flashcards
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Sample Questions
Q1) The Excel text-to-________ feature enables manual validation of data.
Q2) All of the following statements are TRUE about data validation EXCEPT:
A)An Error Message appears when a user makes a validated cell active and prompts a user before data is entered with information about data constraints.
B)Each of the validation criteria can be specified with an Input Message and/or an Error Alert.
C)Data validation restricts a single validation criteria per cell.
D)Custom validation can be used to apply multiple validation criteria to a cell, but the formulas required tend to be much more complex.
Q3) The moment a(n)________ validation cell is made active,the Input Message is displayed as a prompt to the user.
Q4) ________ are objects that when clicked with the mouse navigate to a predefined location within large worksheets,among worksheets in a workbook,among workbooks,or to web sites.
Q5) A(n)________ cell is a cell that supplies a value to the formula in the active cell.
Q6) ________ validation is similar to date validation with the only difference that data entered must be a time value.
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Page 10
Chapter 9: Organize, import, export, and Cleanse Data Sets
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93 Verified Questions
93 Flashcards
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Sample Questions
Q1) Text functions help to extract and standardize data.
A)True
B)False
Q2) Which of the following is NOT true of text files?
A)Text files do not contain graphics.
B)Text files are also called ASCII files.
C)Text files contain formatting.
D)Text files are larger than XML files.
Q3) A(n)________ indicates the beginning and end of a text data segment.
Q4) <revenue> is an example of a(n)________.
A)HTML tag
B)metadata
C)XML tag
D)delimiter
Q5) Most organizations keep their information in one single data source.
A)True
B)False
Q6) There is NOT a prespecified standard for XML tags.
A)True
B)False
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Chapter 10: Data Tables, scenario Manager, and Solver
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94 Verified Questions
94 Flashcards
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Sample Questions
Q1) A(n)________ is an application with specific functionality geared toward accomplishing a specific goal.
Q2) ________ are rules you establish when formulating your Solver model.
A)Constraints
B)By changing variable cells
C)Input values
D)Objective cells
Q3) When the golf course is open for business,they have to pay management salaries,insurance,depreciation of building and equipment,and so on,regardless of how many customers they have during the day.These are examples of variable costs.
A)True
B)False
Q4) The Solver ________ Report shows the upper and lower bounds for the optimal value.
Q5) Changing a binding constraint also changes the optimal solution. A)True
B)False
Q6) The Goal Seek command is located in the What-If Analysis tool of the ________ tab.
12
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Chapter 11: Loan Amortization, investment Analysis, and Asset Depreciation
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94 Verified Questions
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Sample Questions
Q1) You would need to enter a value for the fv argument of the PMT function when you have a(n)________ payment at the end of the loan.
Q2) The FV function requires ________ arguments.
Q3) To calculate a loan payment for a mortgage loan with a monthly rate of 4%,you would enter .04 for the rate argument.
A)True
B)False
Q4) The ________ method of depreciation spreads cost of an asset over its life.
Q5) The ________ function can be used to determine if it is better to take a lump sum payment or to withdraw smaller payments over a longer period of time.
Q6) Identify the correct formula to calculate the cumulative interest paid on a mortgage loan for the second year of the loan (periods 13-24,where rate =9%,nper= 5,present value = $250,000.
A)=CUMIPMT(.09/12, 5*12, 250000,13,24,0)
B)=CUMIPMT(.09/12, 5*12, 250000,24,13,0)
C)=CUMIPMT(.09*12, 30/12,-250000,13,24,0)
D)=CUMIPMT(.09/12, 30/12,-250000,24,13,0)
Q7) ________ is a reduction in the value of a fixed asset from its original cost.
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Chapter 12: Business Statistics and Regression Analysis
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97 Flashcards
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Sample Questions
Q1) Subtracting the minimum value from the maximum value provides the range in a data set.
A)True
B)False
Q2) All of the following statements are TRUE about the language of statistics EXCEPT:
A)Business professionals rely heavily on inferential distributions.
B)Statistics often refer to populations and samples.
C)Businesses can use various statistical methods in many areas to get a better understanding of the organization.
D)Statistics can be used to determine effectiveness of advertising campaigns, to understand what factors contribute to the demand for your products, to spot seasonal trends in the sales of certain products, and much more.
Q3) The spa calculates the total revenue that a spa package generates over the course of a year.This is an example of ________.
A)descriptive statistics
B)probability
C)inferential statistics
D)statistics
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14
Chapter 13: Excels Data Model, Power-pivot, and Power View
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92 Verified Questions
92 Flashcards
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Sample Questions
Q1) When naming cells,avoid names that have already been given to calculated columns within the same workbook.
A)True
B)False
Q2) A negative KPI is when the greater the value the worse the KPI,such as the number of sick days in a specific time period.
A)True
B)False
Q3) A bidirectional KPI is when the greater the value the better the KPI,such as a company's profit.
A)True
B)False
Q4) A(n)________ calculated field is created when a formula is typed in the Calculation Area of the PowerPivot window.
Q5) An implicit calculated field is created when a formula is typed in the Calculation Area of the PowerPivot window.
A)True
B)False
Q6) The ________ provides a structure for managing complex IT projects.
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Chapter 14: Visual Basic for Applications
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92 Flashcards
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Sample Questions
Q1) Names for Sub procedures must begin with a letter and cannot contain any spaces.
A)True
B)False
Q2) A type of variable that refers to one of the pieces of data provided in a method is called a(n)________.
A)parameter
B)module
C)object
D)method
Q3) A(n)________ consists of a hierarchical collection of objects,consisting of properties,methods,and events that can be manipulated using VBA.
A)method
B)collection
C)source
D)object model
Q4) Press F3 in the VBE to display the Object Browser,which shows properties,methods,and events for an object.
A)True
B)False
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Chapter 15: Appendix:efficient Interaction With a Touch Screen
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Sample Questions
Q1) The edge of the screen is called the bezel.
A)True
B)False
Q2) The Surface Pro is built with a more traditional ________ hardware that lets it perform like a traditional PC.
A)Intel chip
B)operating system
C)ARM chip
D)Windows Phone chip
Q3) The ________ controls and coordinates computer hardware operations so other programs can run efficiently.
A)graphical user interface
B)operating system
C)ARM chip
D)Start button
Q4) ________ are quick short gestures that can be made with a finger or a pen.
A)Flicks
B)Clicks
C)Swipes
D)Moves
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Chapter 16: The Common Features of Microsoft Office
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Sample Questions
Q1) The keyboard shortcut for saving a file is ________.
Q2) A program used primarily to compile,store,query and report data is ________.
Q3) A file name includes the name you specify and a file ________ assigned by the Office program to indicate the file type.
A)type
B)option
C)extension
D)code
Q4) To open Office Backstage view,you click the ________ tab.
A)Help
B)View
C)File
D)Insert
Q5) A program that helps create professional brochures,newsletters,and greeting cards is ________.
A)Microsoft Publisher
B)Microsoft PowerPoint
C)Microsoft OneNote
D)Microsoft Access
Q6) To enlarge your workspace,you can collapse the ________.
Page 18
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