Excel Questions 1. Every command in Excel operates on a rectangular group of cells known as a (n) ___________________. Ans. range 2. Cell B1 contains the formula =A1*C1. If the formula is copied to cell B2, what will the result in B2 be? ______________ Ans. A2*C2 3. Cells F5 and F6 contain the values 10 and 20 respectively. After typing F5+F6 into cell F7 without a beginning equal sign, cell F7 will display _________________________________________________ Ans. F5+F6 4. To select two non-contiguous (not adjacent) ranges, we use the ________________ key. Ans. control 5. Excel has the ability to keep a cell reference constant when it copies a formula or function by ____________________________________________________________ Ans. Specifying with a dollar sign in front of the column and row designation 6.In my spread sheet the first four cells in a row 1 contain the values 1, 2, 3, and 4 respectively. If cell B2 contains the formula =$A$1+$B$1 and I copy this formula to cell B4, what value will show in B4? Ans.3 7. Cell F6 contains the formula =AVERAGE(B6:D6). If the entry in cell F6 is copied to cell F7, then the contents of the cell F7 will be __________________________ Ans. =AVERAGE(B7:D7) 8. Given that the percentage format is in effect, and that the number 0.056 has been entered into the active cell, then the contents of the cell will appear as _____________________ Ans.5.6% 9._________________ format displays a number with the 1000 separator and an optional dollar sign which is placed immediately to the left of the number. Ans. Currency 10. In the scientific format the number 12345 will appear as ________________________________ Ans.1.2345E+04 11. Commands that are necessary to implement a move are __________________________ Ans. Cut and paste 12.The PMT function requires three arguments that are the interest rate per period, the number of periods, and ___________________. Ans. the amount of loan 13. The preferred function used to total the values contained in a range of cells is ___________ Ans. =SUM 14.The syntax of the IF function is: =IF( ______________________, _____________________ , ________________________ ) Ans. =IF(logical test, value if true, value if false) 15. ___________ function returns the number of cells containing a numeric entry, including formulas that evaluate to numeric results. Ans. COUNT 16. ________________ function searches for a value in the left most column of a table, and then returns a value in the same row for a column you specify. Ans. VLOOKUP 17. ________________ command lets you enter the desired end result of a spreadsheet model (such as monthly payment on a car loan) and determines the input (the price of the car) to produce that result. Ans. Goal Seek 18. A series of entries such as Monday, Tuesday, Wednesday, etc., is readily entered to the adjacent cells using the __________________________ feature of Excel. Ans. AutoFill 19. Using ______________ is the easiest way to create a chart. Ans. Chart Wizard 19. _________ type of chart is best to portray proportion or market share. Ans. Pie chart 20. __________ chart types is not suitable to display multiple data series. Ans. Pie chart 21. _______________ is best to display time related information, such as the five-year trend of revenue and profit. Ans. Line chart 22. When you select a chart, it is surrounded by a border with eight small solid boxes. These are called _______________, and may be used to change the ________________ of a chart. Ans. Chart area, size Test Bank - Chapter 1 Introduction to Microsoft Excel: What is a Spreadsheet? Chapter Objectives 1. 2. 3. 4. 5. 6. 7. Describe a spreadsheet and suggest several potential applications; explain how the rows and columns of a spreadsheet are identified, and how its cells are labeled. Distinguish between a formula and a constant; explain the sue of a predefined function within a formula. Open an Excel workbook; insert and delete rows and columns of a worksheet; save and print the modified worksheet. Distinguish between a pull-down menu, a shortcut menu, and a toolbar. Describe the three-dimensional nature of an Excel workbook; distinguish between a workbook and a worksheet. Print a worksheet two ways; to show the computed values or the cell formulas. Use the Page Setup command to print a worksheet with or without gridlines and/or row and columns headings; preview a worksheet before printing. Multiple Choice 1. The purpose of a spreadsheet can best be described as (a) A professor’s grade book (b) A calculator (c) A computerized version of the accountant’s ledger (d) None of the above answer: c 2. (a) (b) (c) (d) answer: Which of the following may be included in a formula? Cell references Functions Numeric constants All of the above d 3. Which statement is true regarding a formula: (a) It is a combination of numeric constants and cell references (b) It is a combination of numeric constants, cell references, arithmetic operators and/or functions (c) It is a combination of changing cell references and arithmetic operators (d) It is a combination of numbers and arithmetic operators answer: b 4. Which part of the formula =B9/4+(C6*D7) is considered a constant? (a) B9 (b) 4 (c) C6 (d) D7 answer: b 5. Which of the following is a false statement about workbooks and worksheets? (a) A workbook contains one or more worksheets (b) The Open command references a worksheet rather than a workbook (c) The title bar displays the name of the open workbook (d) Cell A1 is a valid reference for every worksheet within a workbook answer: b 6. How can you determine that a workbook contains more than one worksheet? (a) Check the worksheet tabs at the bottom of the window (b) Check the worksheet tabs at the top of the window (c) Check the Taskbar (d) Pull down the View menu answer: a 7. How can you tell which cell in a worksheet is the active cell? (a) It is blinking (b) It is displayed in reverse video (c) It is surrounded by a heavy border (d) All of the above answer: c 8. How can you change the active cell? (a) Only by clicking in a different cell (b) Only by using the arrow keys to move to a different cell (c) By clicking or by using the arrow keys (d) By using the Taskbar answer: c 9. Assume that cell C4 contains a formula. Where would you see the formula displayed? (a) In cell C4 (b) In the formula bar (c) In the Name box (d) In the status bar answer: b 10. Where is the address of the active cell displayed? (a) In the Name box to the left of the formula bar (b) In the status bar at the bottom of the window (c) In the title bar at the top of the window (d) All of the above answer: a 11. How do you display a Context-sensitive or shortcut menu? (a) By clicking the Context- Sensitive Menu button on the Standard toolbar (b) By clicking the Office Assistant button on the Standard toolbar (c) By double-clicking at the point on the worksheet where you want to see the shortcut menu (d) By clicking the right mouse button on the part of the worksheet for which you want to see a shortcut menu answer: d 12. What happens if you point to a cell and click the right mouse button? (a) The cell contents are erased (b) The entire row is erased (c) A context sensitive menu or shortcut menu pertaining to the cell is displayed (d) The Office Assistant tip that relates to the current operation is displayed answer: c 13. Which of the following pull-down menus is used to print an Excel workbook? (a) File (b) Edit (c) Tools (d) Window answer: a 14. Which of the following commands will save the current workbook so that it is readable in both Excel 97 and 5.0/95 format? (a) File New (b) Save (c) Save As (d) Open answer: c 15. Which of the following commands will automatically adjust formulas in the affected cells? (a) Insert (b) Delete (c) Both Insert and Delete (d) Neither Insert nor Delete answer: c 16. Which of the following options is changed through the Page Setup command? (a) Margins (b) Orientation (portrait or landscape) (c) Headers and footers (d) All of the above answer: d 17. Which command enables you to change the margins and/or orientation for a printed worksheet? (a) Options (b) Page Setup (c) View (d) Edit answer: b 18. Which of the following worksheet options is controlled through the Page Setup command? (a) Centering the worksheet horizontally on the page (b) Printing in landscape mode (c) Creating a header (d) All of the above answer: d 19. Which of the following is the easiest way to reopen a workbook from the previous session? (a) Select the worksheet from the appropriate folder using the Open command (b) Pull down the File menu and select the file from the list at the bottom of the menu (c) Click the Open button on the Standard toolbar (d) All of these methods open the workbook with equal ease answer: b 20. What is the limit on Excel filenames? (a) 8 characters (b) 16 characters (c) 25 characters (d) 255 characters answer: d 21. Which command will erase the contents of cell B10 without changing cell references throughout the rest of the worksheet? (a) Edit Clear (b) Edit Delete (c) Both Edit Clear and Edit Delete (d) Neither Edit Clear nor Edit Delete answer: a 22. Which command will delete cell B10 from a worksheet which in turn changes cell references throughout the rest of the worksheet? (a) Edit Clear (b) Edit Delete (c) Both Edit Clear and Edit Delete (d) Neither Edit Clear nor Edit Delete answer: b 23. When you move to a button on a Tool bar and a message appears detailing the contents of the button. What is that called? (a) A tip from Office Assistant (b) A Screen Tip (c) Both of the above (d) Neither of the above Answer: b 24. Which of the following is true regarding a printed worksheet? (a) It may be printed with or without the row and column headings (b) It may be printed with or without the gridlines (c) It may be printed in landscape or portrait orientation (d) All of the above answer: d 25. The purpose of Office Assistant is to (a) Place a button on the Standard Toolbar which allows you to ask questions (b) Answer questions (c) Suggest tips for making Excel easier to use (d) All of the above Answer: d 26. Office Assistant can be found (a) In the Tools menu (b) On the Formatting Toolbar (c) On the Standard Toolbar (d) Under the Insert menu Answer : c 27. What happens if you press the Ctrl+` key combination given that the displayed values for each cell are shown in the worksheet? (a) (b) (c) (d) answer: The worksheet formulas are displayed A new column is inserted in the worksheet A new row is inserted in the worksheet A duplicate worksheet is created in the workbook a 28. A worksheet currently displays the cell contents rather than the displayed (computed) values of each cell. Which keystroke combination will change from the cell contents to the displayed values? (a) Ctrl+` (b) Ctrl+F (c) Ctrl+DV (d) None of the above answer: a 29. What happens if you press the Ctrl+` keystroke combination twice in a row? (a) The worksheet shows the displayed (computed) values in each cell (b) The worksheet shows the cell contents for each cell (c) There is no visual change since Ctrl+` functions as a toggle switch to alternate between the displayed values and cell contents (d) The answer is impossible to determine from the information given answer: c 30. Which of the following actions will increase the column width of column B to fit the widest entry? (a) Click the border between columns A and B (b) Double click the border between columns A and B (c) Click the border between columns B and C (d) Double click the border between columns B and C answer: d 31. What happens if you double click the border between columns C and D? (a) Column C is hidden (b) Column D is hidden (c) The width of column C is changed to accommodate the widest entry in that column (d) The width of column D is changed to accommodate the widest entry in that column answer: c 32. Which of the following actions will display the cell formulas in a worksheet? (a) Double click the border between any two columns (b) Select Unhide from the shortcut menu (c) Pull down the View menu and select Formulas (d) None of the above answer: d 33. A cell at the intersection of the first row and third column has the cell reference (a) A3 (b) 3A (c) C1 (d) 1C answer: c 34. The formula =B3+C4 is stored in cell D5. What will the formula be if a row is inserted above the second row in the worksheet? (a) =B3+C4 (b) =B4+C5 (c) =C3+D4 (d) =B2+C3 answer: b 35. The formula =B3+C4 is stored in cell D5. You wish to change the formula to =(B3 + C4)/2. How do you best do that? (a) Reenter the entire formula in D5 (b) Choose Edit Delete and reenter correctly (c) Choose Edit Clear and reenter correctly (d) Click on the Formula bar, edit and hit enter answer: d 36. The cell contents of B3 and B4 are 4 and 5 respectively. What will be displayed in cell B5 if you enter the characters =B3+B4 in cell B5 and then press the enter key? (a) B3+B4 (b) =B3+B4 (c) 9 (d) It is not possible to determine from the information given answer: c 37. Which of the following is a valid Excel formula? (a) =C4*D4 (b) C4*D4 (c) Both =C4*D4 and C4*D4 (d) Neither =C4*D4 nor C4*D4 answer: a 38. Which command in which menu enables you to display the row and column headings when printing a worksheet? (a) View command in the Print menu (b) View command in the File menu (c) Page Setup command in the File menu (d) Page Setup command in the View menu answer: c 39. You deleted a row from the current worksheet three actions ago and realize you made a mistake. You do not wish to change the formulas entered in the last two actions. Which of the following actions should you take to correct your error? (a) Retrieve the row from the Recycle Bin (b) Click the Undo button on the Standard toolbar until the row is restored (c) Click the drop down arrow next to the Undo button and restore the action you wish to reverse (d) Both b and c answer: c 40. How many commands can the Excel Undo button reverse? (a) 1 (b) 4 (c) 8 (d) 16 answer: d 41. Which of the following commands is available from the File menu? (a) Save (b) Print (c) Open (d) All of the above answer: d 42. In the formula =C10–D10*(B3+B4)+2/B7, which expression would Excel evaluate first? (a) C10-D10 (b) B3+B4 (c) 2/B7 (d) It is not possible to determine without knowing the contents of the referenced cells answer: b 43. Which of the following are valid mathematical operators in Excel? (a) * (b) ^ (c) / (d) All of the above answer: d 44. Which of the following is not a valid arithmetic operator in Excel? (a) * (b) / (c) # (d) ^ answer: c 45. In the formula =D7/C4/B3*B2, which expression will Excel evaluate first? (a) D7/C4 (b) C4/B3 (c) B3*B2 (d) Impossible to determine since no parenthesis are specified answer: a 46. If cells A1, A2, and A3 contain the values 1, 2, and 5, respectively, what value will be displayed in a cell containing the formula =(A3-A1)/A2^2+1*A2? (a) 1 (b) 3 (c) .0625 (d) .4 answer: b 47. If cells C1, C2, and C3 contain the values 4, 2, and 5, respectively, what value will be displayed in a cell containing the formula =C3-C1/C2^2*C3 (a) 0 (b) (c) (d) answer: 1.25 -5 None of the above a 48. In Excel, a function is (a) A predefined computational task such as averaging a group of cells (b) A command such as File Open (c) A mathematical operation such as =B6+B7 (d) All of the above (e) answer: a 49. The function =AVERAGE(A6:A8) is the equivalent of the formula (a) A6+A7+A8/3 (b) =(A6+A7+A8/3) (c) =(A6+A7+A8)/3 (d) =(A6+A8)/2 answer: c 50. Which of the following will compute the average of cells B1 through B4? (a) (B1+B2+B3+B4)/4 (b) =AVG(B1:B4) (c) AVERAGE(B1:B4) (d) None of the above answer: d True/False 51. Excel cell references refer to the row by letter and the column by number. answer: F 52. Cell formulas are usually displayed in the Formula box, while the cell references are displayed in the Name box. Answer: T 53. A cell formula will not be adjusted if a row or column is inserted in a worksheet. answer: F 54. A constant is preceded by an equal sign. answer: F 55. All Excel formulas must be preceded by the equal sign (=). answer: T 56. Excel functions such as AVERAGE(B9:B12) do not need to be preceded by the equal sign. answer: F 57. An Excel worksheet may contain several workbooks. answer: F 58. The active cell is indicated by a heavy border. answer: F 59. The Office Assistant is designed to answer question and suggest tips. answer: T 60. The tabs at the bottom of an Excel window display the name(s) of the open workbook(s). answer: F 61. An Excel workbook may be opened using either the File menu or an icon on the Standard toolbar. answer: T 62. If you use the Save As command to rename a worksheet, all subsequent editing will affect the original worksheet. answer: F 63. If you want to save an Excel 97 worksheet to use in Excel 95 use the Save As command. Answer: T 64. The value of a constant is changed by clicking in the cell containing the constant, entering a new value, then pressing the enter key. answer: T 65. The Undo command will undo the effect of the last command issued. answer: F 66. Inserting a row in an Excel worksheet may cause the formulas in other cells to change. answer: T 67. The Page Setup command allows you to change the orientation from portrait to landscape. answer: T 68. The most recently used workbook can be opened by clicking on a list at the bottom of the File menu. answer: T 69. The Edit Clear command removes cells from the worksheet. answer: F 70. The Edit Clear command does not adjust cell references. answer: T 71. A column may be inserted using a right-hand mouse button or a pulldown menu. answer: T 72. Pressing Ctrl+* will display the cell formulas in a worksheet. answer: F 73. Worksheet margins are changed using the Page Setup command. answer: T 74. Excel evaluates, exponentiation, division and multiplication, then subtraction and addition, answer: T 75. To quickly find a recently used worksheet use the File menu and check the list at the bottom of the menu. answer: t Chapter 2 Test Bank - Chapter 2 Gaining Proficiency: Copying, Formatting, and Isolating Assumptions Chapter Objectives 1. 2. 3. 4. 5. 6. Explain the importance of isolating assumptions within a worksheet. Define a cell range; select and deselect ranges within a worksheet. Copy and/or move cells within a worksheet; differentiate between relative, absolute, and mixed addresses. Format a worksheet to include boldface, italics, shading, and borders; change the font and/or alignment of a selected entry. Change the width of a column; explain what happens if a column is too narrow to display the computed result. Describe in general terms the steps to build a worksheet for a financial forecast. Multiple Choice 1. Which of the following is a valid worksheet range? (a) B6 (b) A2:A3 (c) C4:G9 (d) All of the above answer: d 2. Assume you have copied the formula =(B3+B4)/B5,from cell B6, to C6 which of the following is true? a) C6 represents the source range b) B6 represents the destination range c) B6 represents the source range d) None of the above answer: c 3. Cell E3 contains the function =AVERAGE(A3:D3). What will be the contents of cell E4 if the entry in cell E3 is copied to cell E4? (a) =AVERAGE(A3:D3) (b) (c) (d) answer: =AVERAGE(A4:D4) =AVERAGE($A$3:$D$3) =AVERAGE($A$4:$D$4) b 4. Cell E3 contains the function =AVERAGE(A3:D3). What will be the contents of cell E4 if the entry in cell E3 is moved to cell E4? (a) =AVERAGE(A3:D3) (b) =AVERAGE(A4:D4) (c) =AVERAGE($A$3:$D$3) (d) =AVERAGE($A$4:$D$4) answer: a 5. Cell E3 contains the function =AVERAGE($A3:$D3). What will be the contents of cell E4 if the entry in cell E3 is copied to cell E4? (a) =AVERAGE(A3:D3) (b) =AVERAGE(A4:D4) (c) =AVERAGE($A3:$D3) (d) =AVERAGE($A4:$D4) answer: d 6. What happens if you point to a cell and click the right mouse button? (a) The cell contents are erased (b) The entire row is erased (c) A context sensitive menu or shortcut menu pertaining to the cell is displayed (d) The Office Assistant tip that relates to the current operation is displayed answer: c 7. Which of the following may be copied using the Copy command? (a) A cell (b) A range of cells (c) A function (d) All of the above answer: d 8. Which of the following statements best describes the Move command? a) Move allows the contents of the cell or cells to be transferred elsewhere while the original cells remain intact b) Move allows the contents of the cell or cells to be elsewhere; the original cell contents are empty c) Move allows contents of the cell or cells to be transferred only if the cell contains formulas d) Move allows the contents of the cell or cells duplicated answer: b 9. Which of the following is an example of mixed cell referencing? a) $C$4 b) $C4 c) C$4 d) Both b and c answer d 10. Which of the following is considered an absolute cell reference? (a) (b) (c) (d) answer: C6 #B#13 $C8 $C$8 d 11. Which cell reference would change if the formula =A1*$B$1 is copied to a new location? (a) A1 (b) $B$1 (c) Both A1 and $B$1 (d) Neither A1 nor $B$1 answer: a 12. In the formula =$B$4*C4, which cell address will change when the cell is copied? (a) $B$4 (b) C4 (c) Both $B$4 and C4 (d) Neither $B$4 nor C4 answer: b 13. Assume you are creating a worksheet to calculate projected earnings. You expect to create and copy several formulas using the inflation rate which is found in cell C6. Since the inflation rate will always be in cell C6, the formulas referencing the cell should show (a) C6 (b) $C$6 (c) &C&6 (d) @C@6 answer: b 14. Which of the following command(s) are needed to copy the contents of a cell from one location to another? (a) The Duplicate command (b) The Copy command (c) The Paste command (d) Both the Copy and Paste commands answer: d 15. What is the limit on Excel filenames? (a) 8 characters (b) 16 characters (c) 25 characters (d) 255 characters answer: d 16. If cell A3 has a cell width of 8, and the label entry is John Smith, what will be displayed in the cell? (a) John Smith, if B3 is empty (b) John Smith if A4 is empty (c) John Smith, regardless of the contents of the adjacent cell (d) ######## answer: a 17. The width of column A is 9. What will be displayed if the entry in A2 is Sales Revenue, assuming cell B2 is empty? (a) Sales Rev (b) Sales Revenue (c) ######### (d) None of the above answer: b 18. The width of column B is 8. What will be displayed if the entry in B2 is $100,000.00, assuming C2 is empty? (a) $100,000 (b) $100,000.00 (c) ######### (d) It is not possible to determine from the information given answer: c 19. Which of the following is displayed in a cell if the number in the cell is longer than the cell width? (a) A series of number signs (########) (b) The value is displayed, but the display is truncated starting from the right-most digits (c) The value is displayed, but the display is truncated starting from the left-most digits (d) The answer depends on whether the cell to the right is empty answer: a 20. Which of the following would you use to change the font size of a cell in Excel? (a) Cell format on the File menu (b) Font size on the Tools menu (c) Cell format on the Edit menu (d) The Formatting toolbar answer: d 21. Which of the following formats will display a constant with a dollar sign ($1234.56)? (a) Accounting format (b) Currency format (c) Both Accounting and Currency formats (d) Neither Accounting nor Currency formats answer: c 22. How would the number .05 be displayed if Percent format with 2 decimal places is specified? (a) .05% (b) 5.0% (c) 5.00% (d) 50.00% answer: c 23. Which of the following commands is not found on the Format Cells menu? (a) Number (b) Alignment (c) Orientation (d) Font answer: c 24. Which of the following can be changed using the Format Cells command? (a) The number of decimal places displayed in a cell or range (b) (c) (d) answer: The typeface The point size All of the above d 25. What will be displayed in a cell if =1/2 is entered in it assuming the general numeric format is in effect? (a) .5 (b) The date value of January 2 of the current year (c) 1/2 (d) .5 or 1/2 depending on the format in effect answer: a 26. What will be stored in a cell if 2/5 is entered in it? (a) 2/5 (b) .4 (c) The date value February 5 of the current year (d) 2/5 or .4 depending on the format in effect answer: c 27. Which of the following cannot be changed using the Format Cells command? (a) The font size (b) The worksheet margins (c) The vertical alignment of text in the cell (d) The number of decimal places displayed answer: b 28. What is the easiest way to change the column width to accommodate the widest cell entry? (a) Use the Format Columns command (b) Click on the Autoset button on the Formatting toolbar (c) Double click on the right boundary of the column heading (d) Click the right mouse button on the boundary of the column heading to bring up the quick menu answer: c 29. Which of the following entries will Excel format automatically? (a) $100,000 (b) 1.5% (c) Both $100,000 and 1.5% (d) Neither $100,000 nor 1.5% answer: c 30. Which of the following is true regarding numeric formatting changes versus the numeric values? a) When you change the numeric formatting the value will change b) When you change the numeric formatting the value will not be changed c) When you change the numeric formatting the value will be truncated d) None of the above is true answer: b 31. The formula =B3+C4 is stored in cell D5. You wish to change the formula to =(B3 + C4)/2. How do you best do that? (a) Reenter the entire formula in D5 (b) Choose Edit Delete and reenter correctly (c) Choose Edit Clear and reenter correctly (d) Click on the Formula bar, edit and hit enter answer: d 32. Which of the following method is used to correct mistakes? a) b) c) d) answer: c Re-enter the information Click Undo and reenter Edit the contents in the Formula bar and click on enter Use Edit Delete and re-enter 33. Which key is used to select a noncontiguous ranges? (a) Shift (b) Ctrl (c) Alt (d) Ctrl+Shift answer: b 34. What would happen if you select a range of cells (such as D5:D7), then press the Ctrl key and select a different range of cells (such as D11:D13)? (a) The first range will be copied to the second range (b) The first range will be moved to the second range (c) The first range will be deselected (d) Both ranges will be selected answer: d 35. What would happen if you select a range of cells (such as D5:D7), then select a different range of cells (such as D11:D13) without pressing the Ctrl key? (a) The first range will be copied to the second range (b) The first range will be moved to the second range (c) The first range will be deselected (d) Both ranges will be selected answer: c 36. What will happen if you select three non-contiguous ranges, then select a new font? (a) Only the first range selected will receive the new formatting (b) Only the last range selected will receive the new formatting (c) All of the selected ranges will receive the new formatting (d) You will see an error message indicating that the operation is not possible answer: c 37. What is the easiest way to display cell formulas? (a) Using the Format Cells command (b) Using the Formula Display command (c) Press Ctrl+` (d) Use Options Display answer: c 38. Which command would you use to change the orientation of a worksheet from portrait to landscape? (a) Print Preview (b) Page Setup (c) File (d) View answer: b 39. Which of the following options are found on the Formatting toolbar? (a) Boldface (b) Currency format (c) Left alignment (d) All of the above answer: d 40. Which of the following options is not found on the Formatting toolbar? (a) Copy (b) Italics (c) Comma format (d) Font size answer: a 41. Cell A4 contains the formula =(A1+A2). What will be the contents of cell B4 if the cell entry in cell A4 is copied to cell B4? (a) =(A1+A2) (b) =(B1+B2) (c) It is not possible to determine without knowing the values in cells A1 and A2 (d) It is not possible to determine without knowing the values in cells B1 and B2 answer: b 42. Cell A4 contains the formula =(A1+A2). What will be the contents of cell B4 if the cell entry in cell A4 is moved to cell B4? (a) =(A1+A2) (b) =(B1+B2) (c) It is not possible to determine without knowing the values in cells A1 and A2 (d) It is not possible to determine without knowing the values in cells B1 and B2 answer: a 43. A formula containing the entry =$B$3 is copied to a cell one column over and two rows down. How will the entry appear in its new location? (a) =$B$3 (b) =B3 (c) =$C$5 (d) =$D$4 answer: a 44. A formula containing the entry =$B3 is copied to a cell one column over and two rows down. How will the entry appear in its new location? (a) =$B3 (b) =B3 (c) =$C5 (d) =$B5 answer: d 45. Which of the following entries is equivalent to the numeric entry .5? (a) =1/2 (b) 1/2 (c) Both =1/2 and 1/2 (d) Neither =1/2 nor 1/2 answer: a 46. Suppose you are creating a worksheet and delete row 3, then format cell A6 as percent with 2 decimal places. What is the effect of clicking the Undo button twice? (a) The number in cell A6 will return to its previous formatting (b) The number in cell A6 will return to its previous formatting and row 3 will be reinserted (c) The second Undo command reverses the first Undo command, so the worksheet remains as it was prior to the first Undo command (d) The situation is not possible because the Undo command is not available in Microsoft Excel answer: b 47. You are creating a sales forecast, and have entered 1997 sales in cell B4. The expected rate of increase is located in cell C2. What formula would you enter in cell C4, then copy that formula to cells D4:E4 in order to calculate the forecast for 1998 to 2000? (a) =B4+B4*C2 (b) =$B$4+$B$4*C2 (c) =B4*(1+$C$2) (d) None of the above answer: c 48. Which of the following statements regarding ranges is true? (a) A range may consist of a single cell (b) Two or more noncontiguous ranges may be selected using the Ctrl key (c) Formatting changes will be applied to all selected ranges (d) All of the above answer: d 49. The Format Painter which allows you to copy the formatting from one cell to another can be found a) On the Formatting Toolbar b) On the Standard Toolbar c) Under Tools menu d) Under the Edit menu answer: b 50. Which of the following statements regarding cell formatting in Excel is true? (a) A worksheet cannot be formatted with more than one font (b) The default alignment for Text format labels is right justification (c) The true appearance of fonts cannot be seen until the worksheet is printed (d) None of the above answer: d True/False 51. A cell range may be as small as a single cell or as large as the entire worksheet. answer: T 52. A command will affect all the cells in a selected range. answer: T 53. The cells you are copying to when executing a Copy command are called the destination range. answer: T 54. If you select the range A1:C4, then execute the Copy command, the selected range is considered the source range. answer: T 55. A cell reference with two dollar signs is a relative reference. answer: F 56. An absolute reference remains constant throughout a copy operation. answer: T 57. A relative reference remains constant during a move operation. answer : T 58. A formula may contain both absolute and relative cell references. answer: T 59. When a numeric formatting change is applied, the numeric value will change to reflect the new format. answer: F 60. The contents of a cell (cell formula) may change as the result of a move operation elsewhere in the worksheet. answer: T 61. It is not possible to change the contents of a cell without retyping the entire entry. answer: F 62. A flashing border around a cell means the contents of the cell have been copied to the clipboard. answer: T 63. The Copy command can be invoked using the Copy button on the Standard toolbar or the Ctrl+C keyboard equivalent. answer: T 64. The default alignment for Text format labels is left justification. answer: T 65. Numeric entries are left-justified by default. answer: F 66. By clicking on the right mouse button in a cell, a context sensitive menu will appear. answer: T 67. The best way to center a title across a five column worksheet is to type the title in column C, then center the title in the cell. answer: F 68. Worksheet labels must be left justified. answer: F 69. Formatting commands are available in the Formatting toolbar, the Format menu, and shortcut menus. answer: T 70. A value entered as 5% is stored internally as .05 answer: T 71. The formatting options can be specified for noncontiguous cell ranges. Noncontiguous ranges can be specified by using the Ctrl key. answer: T 72. In order to copy the contents of a cell, you need to execute both the Copy and Paste commands. answer: T 73. You can make changes to a formula in the cell itself or in the formula bar. answer: T 74. Ctrl+` is the keyboard method of selecting noncontiguous ranges. answer: F 75. The keyboard can be used to select a cell range. answer: T 76. Chapter 3 Test Bank - Chapter 3 Spreadsheets in Decision Making: What If? Objectives 1. 2. 3. 4. 5. 6. 7. 8. Describe the use of spreadsheets in decision making; explain how the Goal Seek command and Scenario Manager facilitate the decision making process. List the arguments of the PMT function and describe its use in financial decisions. Use the Paste Function dialog box to select a function, identify the function arguments, then enter the function into a worksheet. Use the fill handle to copy a cell range to a range of adjacent cells; use the AutoFill capability to enter a series into a worksheet. Use pointing to create a formula; explain the advantage of pointing over explicitly typing cell references. Use the AVERAGE, MAX, MIN, and COUNT functions in a worksheet. Use the IF function to implement a decision; explain the VLOOKUP function and how it is used in a worksheet. Describe the additional measures needed to print large worksheets; explain how freezing panes may help in the development of a large worksheet. Multiple Choice 1. A worksheet template contains all of the following except: (a) Specific data (b) Row headings (c) Column headings (d) Formulas answer: a 2. All of the following are required =PMT function arguments except (a) The principal (b) The down payment (c) The interest rate per period (d) The number of periods answer: b 3. Which argument in the =PMT function is typically entered with a minus sign? (a) The interest rate (b) The number of periods (c) The principal (d) None of the above answer: c 4. The interest rate in the =PMT function used to calculate a monthly payment should be specified as (a) The annual interest rate (b) The annual interest rate divided by 12 (c) The annual interest rate divided by the number of periods (d) It is not possible to determine answer: b 5. Which of the following is the most accurate depiction of a the PMT function? (a) PMT(B5/12,B6*12,-B4) (b) =PMT(B5/12,B6*12,-B4) (c) PMT(B5,B6,B4) (d) =PMT(B5,B6,B4) answer : b 6. When using the Goal Seek command, how many parameters in the =PMT function can you change at a time? (a) none (b) 1 (c) 2 (d) 3 answer: b 7. Which command will allows you to set an end result, in order to determine the correct input, but limits the number of parameters to one variable being changed at one time? (a) Tool command (b) =PMT (c) Function Palette command (d) Goal Seek command answer: d 8. You want to create a table showing the monthly payment at a variety of interest rates for a fixed principal and term. You intend to enter the =PMT function in the first cell of that table, than copy that formula to the remaining cells in the table. Which of the following should be specified as a relative reference? (a) The interest rate (b) The principal (c) The term (d) All of the above answer: a 9. For which of the following would you be most likely to utilize Point mode? (a) Entering cell references in a formula (b) Selecting cells for a copy operation (c) Selecting cells for a move operation (d) All of the above answer: a 10. What will be the contents of cell B7 given that cell B6 is copied to cell B7 and that cell B6 contains the function =PMT(A6/12,$C$2,-$C$1)? (a) =PMT(A6/12,$C$2,-$C$1) (b) =PMT(A7/12,C2,-C1) (c) =PMT(A7/12,$C$2,-$C$1) (d) None of the above answer: c 11. What is the purpose of the fill handle? (a) To fill a cell with the number sign (#####) to indicate the column width must be changed (b) To copy a selected range of cells to another range (c) To fill a range of cells with zeros (00000) to indicate that data is missing (d) None of the above answer: b 12. Which of the following features is present in Excel 97? (a) Office Assistant (b) Paste Function (c) Spell Check (d) All of the above answer: d 13. Which function key was suggested as a shortcut to cycle through relative and absolute references? (a) F1 (b) F2 (c) F3 (d) F4 answer: d 14. Which of the following Excel 97 features will give the user advice or tips on how to better use the worksheet? (a) Office Assistant (b) Function Wizards (c) Goal Seek (d) Scenario Manager answer: a 15. The fill handle can be used to (a) Copy a range of cells (b) Clear a range of cells (c) Either copy or clear a range of cells (d) Neither copy nor clear a range of cells answer: c 16. Which of the following keys (or key combinations), provided the Lotus 1-2-3 conventions are not in effect will allow you to move around the worksheet? (a) PgUp (b) PgDn (c) Ctrl+End (d) All of the above answer: a 17. What is the fastest way to change the column width when number signs (#####) indicate the computed results cannot be displayed? (a) Double click the right border of the column heading (b) Change the numeric format of the cell (c) Use the Column Width command (d) Right click a cell in the column and select Column Width from the shortcut menu answer: a 18. What happens if you press the Ctrl key while dragging the fill handle to the top of a cell? (a) The cell contents are hidden (b) The cell contents are deleted (c) Both the cell contents and the formatting are deleted (d) The column containing the cell is widened to fit the widest entry answer: c 19. Which of the following functions ignores label entries? (a) =MAX and =MIN (b) =AVERAGE (c) =COUNT (d) All of the above answer: d 20. If you want to know the number of numeric items in a list which contains both labels and values, which function would you use? (a) =COUNT (b) =COUNTA (c) =ACOUNT (d) =SUM answer: a 21. Suppose you want to add the numbers in cells C1, C2, and C3. Which entry should be made in cell C4 so that it will adjust if rows are inserted or deleted between cells C1 and C3? (a) =C1+C2+C3 (b) =SUM(C1:C3) (c) Both entries will automatically adjust if rows are inserted (deleted) (d) Neither entry will adjust if rows are inserted (deleted) answer: b 22. What is wrong with the following function: =IF(A1<>A2,MAX(B1:B2),“Invest”)? (a) The relational operator (<>) is incorrect; a number cannot be both less than and greater than another number (b) The MAX function; a function cannot be an argument in another function (c) The literal (“Invest”); text cannot be an argument in a function (d) Nothing answer: d 23. Which of the following can be used as an argument in an =IF function? (a) A literal (“Buy”) (b) A cell reference (B6) (c) A formula (SUM(A1:A3)) (d) All of the above answer: d 24. Which of the following can be included in the function =AVERAGE? (a) A1:A4 (b) 200 (c) C5 (d) All of the above answer: d 25. Cells A1 and A2 contain the values 5 and 7. Cell A3 is empty. What will be displayed in cell A4 if you enter =AVERAGE(A1:A3) in cell A4? (a) =AVERAGE(A1:A3) (b) 4 (c) 6 (d) An error message because the range includes an empty cell answer: c 26. What will occur if the following formula is entered is cell A6, =AVERAGE(A2:A6)? The contents of the cells are A2=1, A3=2, A4=3, A5=2, and A6=2. (a) 2 (b) 4 (c) #REF (d) None of the above answer: c 27. Cells A1 and A2 contain the values 5 and 7. Cell A3 is empty. What will be displayed in cell A4 if you enter =COUNT(A1:A3) in cell A4? (a) =COUNT(A1:A3) (b) 2 (c) 3 (d) An error message because the range includes an empty cell answer: b 28. Which of the following are included in the computation of the =COUNT function? (a) Empty cells (b) Cells containing text (c) Cells containing formulas that evaluate to numeric results (d) None of the above answer: c 29. Which of the following are included in the computation of the =AVERAGE function? (a) Empty cells (b) Cells containing text (c) Cells containing formulas that evaluate to numeric results (d) None of the above answer: c 30. Which of the following are included in the computation of the =COUNTA function? (a) Empty cells (b) Cells containing text (c) Both empty cells and cells containing text (d) Neither empty cells nor cells containing text answer: b 31. Which of the following is found in the Function Palette? (a) A text box for each argument (b) A description of each argument (c) An indication whether or not an argument is required (d) All of the above answer: b 32. Cell C4 is empty. Which formula will include cell C4 in the computation? (a) =COUNT(C1:C4) (b) =COUNTA(C1:C4) (c) Both =COUNT(C1: C4) and =COUNTA(C1:C4) (d) Neither =COUNT(C1: C4) and =COUNTA(C1:C4) answer: d 33. Cell C4 contains text. Which formula will include cell C4 in the computation? (a) =COUNTA(C1:C4) (b) =COUNT(C1:C4) (c) Both =COUNTA(C1: C4) and =COUNT(C1:C4) (d) Neither =COUNTA(C1: C4) and =COUNT(C1:C4) answer: a 34. Cell A2 and A3 contain 4 and 6, respectively. Cell A4 is empty. You type the function =AVERAGE(A2:A4) in cell A5. What will be displayed in the cell? (a) =AVERAGE(A2:A5) (b) #REF! (c) 2.5 (d) 5 answer: d 35. Which of the following is an invalid relational operator? (a) (b) (c) (d) answer: <> < > None of the above d 36. Which of the following is an valid relational operator? (a) + or (b) * or / (c) <> (d) None of the above answer: c 37. Which of the following is required as an argument in the =VLOOKUP function? (a) The numeric value to look up (b) The range of cells containing the table (c) The offset within the table (d) All of the above answer: d 38. Which column contains the value that will be returned by the function =VLOOKUP(A4,$A$21:$D$25,2)? (a) Column A (b) Column B (c) Column C (d) Column D answer: b 39. Which column contains the breakpoints in the table lookup function =VLOOKUP(I4,$A$10:$D$15,3)? (a) Column A (b) Column B (c) Column C (d) Column D answer: a 40. Which of the following statements about the =VLOOKUP function is true? (a) The breakpoints must be in ascending order (b) The table range should be specified with absolute references if the function will be copied (c) The information contained in the results columns of the lookup table may be numeric or text (d) All of the above answer: d 41. Which of the following can be used with Autofill? (a) Jan (b) Monday (c) Quarter 1 (d) All of the above answer: d 42. Which of the following commands will allow you to see distant portions of a worksheet while retaining column or row headings? (a) (b) (c) (d) answer: Goal Seek command Ctrl+Home Freeze pane command Unfreeze pane command c 43. Suppose you are modifying a worksheet and press Ctrl+Home. What happens? (a) The cell pointer moves to cell A1 (b) The next worksheet becomes the active worksheet (c) The cell contents are deleted (d) The cell contents and the cell formatting are deleted answer: a 44. Which of the following options enables you to increase the number of columns that will be displayed on a printed worksheet? (a) Changing to landscape rather than portrait orientation (b) Increasing the horizontal margins (c) Freezing panes (d) All of the above answer: a 45. The function =IF(B4<B3),A1*100,A2) returns (a) A1*100 if cell B4 is greater than B3 (b) A2 if cell B4 is less than B3 (c) A1*100 if cell B4 is equal to B3 (d) None of the above answer: d 46. Cells A1 and A2 contain 5 and 7 respectively, and cell A3 is empty. What value will be returned by the function =IF(A1>A2,COUNT(A1:A3),AVERAGE(A1:A3))? (a) 2 (b) 3 (c) 4 (d) 6 answer: d 47. Given the function =VLOOKUP(C1,$D$10:$G$16,4), which cells contain the breakpoints? (a) D10 through D16 (b) D10 through G10 (c) G10 through G16 (d) D16 through G16 answer: a 48. Given the function =VLOOKUP(C1,$D$10:$G$16,4), which cells contain the values that will be returned in the cell containing the =VLOOKUP function? (a) D10 through D16 (b) D10 through G10 (c) G10 through G16 (d) D16 through G16 answer: c 49. Which of the following error message(s) will result if you misspell a function, writing AVG instead of AVERAGE? (a) #REF (b) #NAME? (c) ###### (d) All of the above answer: b 50. Which of the following statements is false regarding use of the Scenario Manager (a) Only one assumption or function or number can be changed at a time (b) Each scenario represents a different outcome of what-if conditions (c) Each scenario is comprised of a set of cells whose values vary from scenario to scenario (d) Each scenario is stored under its own name answer: a True/False 51. A worksheet template usually contains data but not formulas. answer: F 52. The =PMT function requires only a single argument. answer: F 53. The interest rate in the =PMT function is the rate per period, not the annual rate. answer: T 54. The recommended strategy is to include your assumptions and initial conditions as part of the main worksheet, i.e., not to clearly label and separate the initial conditions. answer: F 55. The fill handle is used to copy to adjacent cells only. answer: T 56. Excel includes a spell-checker. answer: T 57. The Goal Seek command allows a spreadsheet to be manipulated one variable at a time. answer: T 58. A cell reference may be entered into a formula by pointing rather than typing the reference. answer: T 59. The =MIN function is restricted to a single argument (one cell or range of cells). answer: F 60. When using the =AVERAGE function, text cells within the argument list are ignored. answer: T 61. The use of a function is the preferred alternative, when given a choice between a function and the equivalent arithmetic formula. answer: T 62. The function =SUM(A1:A3) will expand to read =SUM(A1:A4) if a row is inserted between A1 and A3. answer: T 63. The logical test within an =IF function contains a relational operator. answer: T 64. The break points within a table lookup function (=VLOOKUP) can be in either ascending or descending order. answer: F 65. It is possible to include text in an =IF function, such as =IF(H4=“OK”,G4+$H$19,G4). answer: T 66. The table range in a =VLOOKUP function that will be copied to other parts of a worksheet should be specified using relative cell references. answer: F 67. Freezing panes allows you to view column and row headings while scrolling both horizontally and vertically. answer: T 68. A display of #NAME in a worksheet indicates the user forgot to name the workbook before exiting. answer: F 69. Neither the =COUNT nor the =COUNTA function counts empty cells. answer: T 70. If a cell is formatted for percent with two decimal places, any subsequent numbers entered in the cell will take on that formatting. answer: T 71. The Scenario Manager allows you to vary multiple parameters at one time. answer: T 72. The cell reference $C$1 will change if the formula =PMT(A6/12,30*12,–$C$1) is copied. answer: F 73. Excel 97 includes a new Office Assistant which recommends Tips for increased productivity while using Excel. answer: T 74. The COUNTA function counts text cells but not empty cells. answer: T 75. You can save different column widths or setting used to print the cell formulas by creating a custom view. answer: T Chapter 4 Test Bank - Chapter 4 Graphs and Charts: Delivering a Message Objectives 1. 2. 3. 4. 5. 6. 7. Distinguish between the different types of charts, stating the advantages and disadvantages of each. Distinguish between a chart embedded in a worksheet and one in a separate chart sheet; explain how many charts can be associated with the same worksheet. Use the ChartWizard to create and/or modify a chart. Enhance a chart by using arrows and text. Differentiate between data series specified in rows and data series specified in columns. Describe how a chart can be statistically accurate yet totally misleading. Create a compound document consisting of a word processing memo, a worksheet and a chart. Multiple Choice 1. Which chart type is the most appropriate to show the percentage of the federal budget spent on defense? (a) A pie chart (b) A column chart (c) A stacked column chart (d) A line chart answer: a 2. Which of the following types of pie charts can be used to create three dimensional pie charts? (a) Non-exploded only (b) Exploded only (c) Both exploded and non-exploded (d) Neither exploded nor non-exploded answer: c 3. Once a pie chart has been created, what is the easiest method of transforming it into an exploded pie chart? (a) Use the Chart Wizard (b) Click and drag wedges out of the pie chart (c) There is no way to convert a pie to an exploded pie (d) Use the Office Assistant answer: b 4. Which of the following statements about sizing and moving a chart is true? (a) A chart can be sized horizontally (b) A chart can be sized vertically (c) A chart can be moved to any location in the worksheet (d) All of the above answer: d 5. Which of the following can be modified after a chart is created using the Chart Wizard? (a) The chart type (b) The legend (c) The formatting of the title (d) All of the above answer: d 6. Which of the following is true about an embedded chart? (a) It can be moved elsewhere in the worksheet (b) It can be made larger or smaller (c) It can be deleted (d) All of the above answer: d 7. What is the easiest way to delete a chart from a worksheet? (a) Click on the data range from which the chart was created, then click on Edit and drag to Delete Chart (b) Click on the chart, then press the Del key (c) Click on the chart, then press Ctrl+Del (d) Once a chart is created it cannot be deleted answer: b 8. How do you activate the shortcut menu for a selected worksheet item? (a) Press Ctrl+S (b) Point to the item, then click the right mouse button (c) Double click the right border of the object (d) Click the shortcut menu icon on the Standard toolbar answer: b 9. What happens when you point to a cell and click the right mouse button? (a) A shortcut menu is displayed (b) The cell contents are deleted (c) The cell contents are displayed (d) The AutoFill command is executed answer: a 10. Which of the following chart types explicitly totals the data series in each category? (a) Side-by-side columns (b) Stacked columns (c) Both side-by-side and stacked columns (d) Neither side-by-side nor stacked columns answer: b 11. Which key will create a default chart type in its own worksheet after you select the range? (a) F2 (b) F4 (c) F5 (d) F11 answer: d 12. Assume you have used Paste Link to create a compound document using an Excel worksheet and a word processing document. Which of the following will change if the worksheet is modified? (a) The chart in the worksheet, but not the chart in the word processing document (b) The chart in the word processing document, but not the chart in the worksheet (c) The chart in the worksheet and the chart in the word processing document (d) Neither the char tin the worksheet, nor the chart in the word processing document answer: c 13. Which of the following creates a dynamic link between an Excel worksheet and a word processing memo? (a) Cut and Paste (b) Object Linking and Embedding (OLE) (c) Both Cut and Paste, and OLE (d) Neither Cut and Paste, nor OLE answer: b 14. Which of the following commands is included in the command sequence to embed a chart in a word processing document if a dynamic link is required? (a) Copy (b) Paste Special (c) Paste Link (d) All of the above answer: d 15. What is the quickest way to cycle back and forth between a Word and Excel when working on an Object Linking and Embedding document? (a) Minimize the first application and go to the second (b) Close the first application and go to the second (c) Use Alt+Tab to cycle through open applications (d) All of the these way will work answer: c 16. Which of the following is used to distinguish one data series from another? (a) The labels on the X axis (b) The legend (c) The key (d) The labels on the Y axis answer: b 17. Which of the following is most appropriate to show the trend of revenues and sales growth over a five year period? (a) A line chart (b) A side-by-side column chart (c) A pie chart (d) A combination chart answer: a 18. Which of the following chart types is the best to show the number of houses sold and the dollar volume of sales for six real estate agents? (a) A pie chart (b) A side-by-side column chart (c) A combination chart (d) A line chart answer: c 19. A combination chart is best when you need to show (a) The proportions of more than one data series (b) Different scales for multiple data series plotted against the same X axis (c) Both horizontal and vertical data (d) Data that contains both relative and absolute cell references answer: b 20. Which of the following would you recommend to show time-related information? (a) (b) (c) (d) answer: Pie chart Side-by-side column chart Stacked column chart Line chart d 21. Which of the following can be used to add emphasis to a pie chart? (a) Arrows and text (b) The chart title (c) An exploded slice (d) All of the above answer: d 22. If you are creating a column chart to show monthly sales in each of three cities, which axis would contain the category labels (the city names)? (a) X axis (b) Y axis (c) Either X or Y axis (d) It is not possible to determine from the information given answer: a 23. In which chart type is the data graphed horizontally? (a) Bar chart (b) Column chart (c) Both bar and column chart (d) Stacked column chart answer: a 24. Which chart would be updated automatically? (a) A chart that is embedded in the worksheet (b) A chart that is in its own chart sheet (c) Both the embedded chart and the one in its own chart sheet (d) Neither the embedded chart nor the one in its own chart sheet answer: c 25. Which of the following cannot be used to move an embedded chart? (a) Click anywhere in the chart then click and drag the chart elsewhere in the worksheet (b) Double click anywhere in the chart then click and drag the chart elsewhere in the worksheet (c) Point to the chart, click the right mouse button to select the chart, then click and drag the chart elsewhere in the worksheet after it has been selected (d) Select the chart, execute the cut command, click elsewhere in the worksheet, then execute the paste command answer: b 26. Which of the following chart types is available when using the Chart Wizard to create a chart? (a) Pie (b) 3D column (c) Combination (d) All of the above answer: d 27. Which of the following changes to a chart requires using the Drawing Toolbar? (a) Adding an arrow and text to the chart (b) Adding a chart title (c) Removing the legend (d) Changing the data series to columns answer: a 28. Which of the following is done using the Drawing toolbar? (a) Adding a text box (b) Changing the chart type (c) Adding gridlines to the chart (d) All of the above answer: a 29. An embedded chart can be (a) Moved (b) Copied (c) Sized (d) All of the above answer: d 30. You have created a workbook that includes a revenue worksheet containing two embedded charts. The workbook also includes one chart in its own worksheet. How many files does it take to store this workbook? (a) 1 (b) 2 (c) 3 (d) 4 answer: a 31. An Excel workbook contains one worksheet with an embedded chart, and three worksheets with data and formulas only. How many files does it take to store this workbook? (a) 1 (b) 2 (c) 3 (d) 4 answer: a 32. You have finished a pie chart and decided it should have been a bar chart. What is the best course of action? (a) To delete the pie chart and start over (b) To move the pie chart and use Chart Wizard to start again (c) To go to the Chart type box and change from a pie to a bar (d) Both b and c will work answer: d 33. Which of the following will change if you switch from a side-by-side column chart to a stacked column chart? (a) The height of the columns (b) The number of columns (c) The scale on the Y axis (d) All of the above answer: d 34. Which of the following will change if you switch from a side-by-side column chart to a stacked column chart? (a) The labels on the X axis (b) The scale on the Y axis (c) Both the labels on the X axis and the scale on the Y axis (d) Neither the labels on the X axis nor the scale on the Y axis answer: b 35. Which of the following chart types emphasizes the totals for each category label on the X axis? (a) Bar chart (b) Column chart (c) Stacked column chart (d) Line chart answer: c 36. If the data series in a chart are in rows, the Excel Chart Wizard will (a) Use the first row for the X axis labels (b) Use the first row for the Y axis labels (c) Use the first row for the legend text (d) It is not possible to determine answer: a 37. If the data series in a chart are in columns, the Excel Chart Wizard will (a) Use the first row for the X axis labels (b) Use the first column for the X axis labels (c) Use the first row for the Y axis labels (d) Use the first column for the legend text answer: b 38. If the data series in a chart are in rows, the Excel Chart Wizard will (a) Use the first row for the X axis labels (b) Use the first column for the legend text (c) Use the first row for the X axis labels and the first column for the legend text (d) None of the above answer: c 39. If the data series in a chart are in columns, the Excel Chart Wizard will (a) Use the first row for the X axis labels (b) Use the first column for the legend text (c) Use the first row for the X axis labels and the first column for the legend text (d) None of the above answer: d 40. What happens if you select multiple data series in a worksheet and then press F11? (a) The cell formats are deleted (b) The Copy command is invoked (c) A default chart is created (d) The worksheet is recalculated answer: c 41. Which of the following will display a shortcut menu when you point to the object and click the right mouse button? (a) A worksheet or chart sheet (b) An embedded chart (c) A worksheet (chart sheet) and an embedded chart (d) Neither a worksheet (chart sheet) nor an embedded chart answer: c 42. You are creating a chart which will use multiple ranges of cells within the worksheet in various locations. You want to use the Chart Wizard, how do you choose noncontiguous ranges? (a) Alt+Tab (b) Ctrl (c) Shift+Tab (d) Alt+Ctrl+Tab answer: b 43. You can copy a chart sheet by (a) Pointing to its worksheet (chart sheet) tab, clicking the right mouse button, then selecting Move or Copy from the shortcut menu (b) Pressing the Ctrl key, then clicking and dragging the worksheet (chart sheet) tab to its new position (c) Using a shortcut menu associated with the worksheet (chart sheet) tab or by clicking and dragging (d) Only by using the Copy command on the Edit menu answer: c 44. The group or range of numeric values used to in a chart would be called (a) The category labels (b) The data series (c) The X-axis range (d) The Y-axis range answer: b 45. Assume that you finished a chart and you now have decide to change some information on the previous screen. The best method to accomplish this is by (a) Retrace your steps by using the back command (b) Delete the chart and start over (c) Fix the information on the worksheet (d) None of the above answer: a 46. Assume that cells A1 through D5 have been selected, after which the Chart Wizard is used to create a side-by-side column chart. How many data series will there be given that the data are to be plotted in rows? (a) Three (b) Four (c) Five (d) Impossible to determine answer: b 47. Assume that cells A1 through D5 have been selected, after which the Chart Wizard is used to create a side-by-side column chart. How many data series will there be given that the data are to be plotted in columns? (a) Three (b) Four (c) Five (d) Impossible to determine answer: a 48. Which of the following is true? (a) A linked object must be stored in its own file prior to including it in a compound document (b) An embedded object must be stored in its own file prior to including it in a compound document (c) An object must be stored in its own file regardless of whether it is linked or embedded (d) An object cannot be stored in its own file if it is to be linked or embedded in a compound document answer: a 49. Which technique would you use to include the same Excel chart in both a Word document and a PowerPoint presentation? (a) Linking (b) Embedding (c) Compounding (d) Multitasking answer: a 50. Which of the following was suggested to facilitate moving and sizing an Excel chart that has been linked or embedded in a Word document? (a) Removing the frame and/or border around the chart (b) Placing the chart in a frame (c) Placing a border around the chart (d) All of the above answer: b True/False 51. A column chart is the chart type best suited to display proportional data. answer: F 52. You should limit the number of categories in a pie chart to seven or fewer. answer: T 53. If a chart is kept in a separate chart sheet it will not be updated when the data points in the worksheet are updated. answer: F 54. An embedded chart is not updated if the worksheet is modified unless the Edit Update command is used. answer: F 55. The size and/or location of an embedded chart cannot be changed once the chart has been created. answer: F 56. Pressing the Del key after selecting an embedded chart erases the chart from the worksheet. answer: T 57. A chart created using the Chart Wizard cannot be modified. answer: F 58. The location of a toolbar cannot be changed. answer: F 59. The title of a chart must be entered as a text box using the Charting toolbar; it cannot be entered using the Chart Wizard. answer: F 60. A column chart with multiple data series can always display the series side by side or in stacked format with equally meaningful results. answer: F 61. A side-by-side column chart and a stacked column chart of the same data will use the same scale on the Y axis. answer: F 62. Multiple data series may be contained in either rows or columns. answer: T 63. If you specify that data is to be charted is in rows, Excel will use the first row for the legend text. answer: F 64. The chart type may be changed using the Format menu, the Chart Wizard, or a shortcut menu. answer: T 65. A chart may be copied to another area of a workbook. answer: T 66. When creating a linked object, both source and destination documents will be open. answer: T 67. It is not possible to edit an Excel worksheet that is embedded in a Word document. answer: F 68. Pressing Alt+Tab allows the user to move between open applications. answer: T 69. The clipboard is not used to copy data between a worksheet and a word processing document during object linking and embedding. answer: F 70. A Word document cannot contain both an Excel chart and the associated worksheet. answer: F 71. A line chart is best suited to display time related data. answer: T 72. A line chart can be used to plot more than one data series. answer: T 73. A combination chart may use different scales for different data series. answer: T 74. Unit sales and dollar sales will produce the same size slices in a pie chart. answer: F 75. The Paste Special command will link or embed an object, depending on whether the Paste Link command or Paste option button is checked. answer: T