Excel 2010 Basics: Worksheets, Formulas, and Functions. Course #6470/QAS6470 Exam Packet

Transcription

1 Excel 2010 Basics: Worksheets, Formulas, and Functions Course #6470/QAS6470 Exam Packet

2 EXCEL 2010 BASICS: WORKSHEETS, FORMULAS, AND FUNCTIONS (COURSE #6470/QAS6470) COURSE DESCRIPTION Excel is one of the most widely used spreadsheet software programs in the business world today, but few people know where to find or how to use many of the features the software has to offer. This course explains the basic Excel concepts, including managing worksheets, using smart formatting tricks, and calculating with formulas and functions. (Please note: This course does not cover tables, charts, and graphics). This course is adapted from Excel 2010: The Missing Manual Matthew MacDonald. All rights reserved. Used by permission with the publisher, O Reilly Media, Inc. No prerequisites. Course level: Basic. Course #6470/QAS CPE hours. LEARNING ASSIGNMENTS and OBJECTIVES As a result of studying each assignment, you should be able to meet the objectives listed below each individual assignment. ASSIGNMENT SUBJECT 1 Creating Your First Spreadsheet Adding Information to Worksheets Study the course materials from pages 1-1 to 2-34 Complete the review questions at the end of each chapter Answer the exam questions 1 to 20 Objectives: To create a basic spreadsheet in Excel To describe the different ways files can be saved in Excel To explain how to open a saved file To discuss ways to add different types of data to a spreadsheet To discuss the features Undo, Redo, and AutoRecover To explain how to add hyperlinks to a worksheet ASSIGNMENT SUBJECT 2 Moving Data Managing Worksheets Formatting Cells Study the course materials from pages 3-1 to 5-39 Complete the review questions at the end of each chapter Answer the exam questions 21 to 38 Objectives: To explain how to move cells within a worksheet, including adding columns and rows To describe how to work with worksheets and workbooks To explain how to use the Find and Replace features To discuss how to format cell values and cell appearance Exam Page -1

3 ASSIGNMENT SUBJECT 3 Smart Formatting Tricks Viewing and Printing Worksheets Study the course materials for pages 6-1 to 7-33 Complete the review questions at the end of each chapter Answer the exam questions 39 to 51 Objectives: To identify some of the formatting features including styles, themes, and conditions To explain how to change the view of your worksheet To describe how to print an Excel file ASSIGNMENT SUBJECT 4 Building Basic Formulas Math and Statistical Functions Financial Functions Study the course materials for pages 8-1 to Complete the review questions at the end of each chapter Answer the exam questions 52 to 69 Objectives: To explain how to create a basic formula To discuss how to use cell references in formulas To identify various math and statistical functions that can be used in an Excel worksheet To describe how to use the financial functions available in Excel Exam Page -2

4 ASSIGNMENT SUBJECT 5 Manipulating Dates, Times, and Text Lookup, Reference, and Information Functions Advanced Formula Writing and Troubleshooting Study the course materials for pages 11-1 to Complete the review questions at the end of each chapter Answer the exam questions 70 to 80 Objectives: To discuss how to use functions to manipulate text in an Excel worksheet To explain how the date and time functions can be used to simplify working in an Excel worksheet To describe how to use lookup, reference, and information functions available in Excel To identify the various advance formula writing and troubleshooting features in Excel worksheets ASSIGNMENT 6 Complete the Answer Sheet and Course Evaluation and submit to PES for credit NOTICE This course and test have been adapted from materials and information contained in the materials entitled Excel 2010 Basics: Worksheets, Formulas, and Functions and any supplemental material provided. This course is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice and assumes no liability whatsoever in connection with its use. Since laws are constantly changing, and are subject to differing interpretations, we urge you to do additional research and consult appropriate experts before relying on the information contained in this course to render professional advice. Professional Education Services, LP 2011 Program publication date 10/26/11 Exam Page -3

5 EXCEL 2010 BASICS: WORKSHEETS, FORMULAS, AND FUNCTIONS (COURSE #6470/QAS6470) EXAM OUTLINE COURSE EXPIRATION DATE: Per AICPA and NASBA standards, this course must be completed within one year from the date of purchase. TEST FORMAT: The following final exam, consisting of 80 true/false and/or multiple choice questions, is based specifically on the material included in this course. The answer sheet must be completed and returned to PES for CPE certification. You will find the answer sheet at the back of this exam packet so that you may easily remove it and use it while taking your test. LICENSE RENEWAL INFORMATION: The Excel 2010 Basics: Worksheets, Formulas, and Functions course (#6470/QAS6470) qualifies for 16 CPE hours. PROCESSING: Your exam will be graded promptly. You must score 70% or better to pass. When you pass, your certificate of completion will be mailed. If you do not pass, we will give you a courtesy call to inform you of this and then another answer sheet will be sent to you free of charge. GRADING OPTIONS: Please choose only one of the following. There is no additional charge for any of these grading options. Make sure to fill out your answer sheet completely prior to submitting it. ONLINE GRADING Visit our website at Login to your account (if you are a first-time user you must set up a new user account). Go to the MY CPE tab and click the My CPE Exams in Progress folder. If your exam is not already located in this folder, click Add Exam Previously Purchased and follow the instructions. MAIL Your exam will be graded and your certificate of completion mailed to you the same day we receive it. Your certificate will be dated according to the postmark date; therefore, you do not need to overnight your exam. Please mail your answer sheet to: Professional Education Services, LP 4208 Douglas Blvd., Ste 50 Granite Bay, CA FAX Your exam will be graded and you will be contacted either via phone or fax with your results within 4 business hours of receipt. A copy of your graded exam and certificate of completion will be mailed to you the same day we receive it. Your certificate will be dated according to the fax date. If you choose to fax your exam, please do not mail it. Your fax will serve as the original. Please refer to the attached answer sheet for further instructions on fax grading. Fax number (916) Thank you for using Professional Education Services. We appreciate your business!! Exam Page -4

6 EXCEL 2010 BASICS: WORKSHEETS, FORMULAS, AND FUNCTIONS (COURSE #6470/QAS6470) FINAL EXAM The following questions are either true or false and/or multiple choice. Please indicate your choice on the enclosed Answer Sheet. 1. The grid of cells where you type your information and formulas is called the: a) backstage b) table c) worksheet d) document 2. In Excel, a collection of one or more worksheets is called a: a) workbook b) library c) cell d) collection 3. Which of the following shortcut keys moves the cursor to the first cell in the top row: a) Enter b) Home c) Ctrl+Home d) Ctrl+End 4. Which of the following displays the address of the active cell on the left edge and the current cell s contents: a) the formula bar b) the ribbon c) the view button d) the status bar 5. All of the following are advantages of the.xlsx format except: a) it is compact b) it is less error-prone than.xls c) it is extensible d) it allows you to store macro code 6. Which of the following is true regarding sharing spreadsheets between Excel 2010 and Excel 2007 users: a) they have two completely different file formats and, therefore, they cannot be shared b) you will automatically receive a list of errors caused from opening an Excel 2010 file in Excel 2007 c) the Compatibility Checker tool can be used to identify any features or formulas that will cause a problem in Excel 2007 d) you must save your spreadsheet in an older format 7. If you want to use your spreadsheet as a web page, you need to save it as: a) an HTML file b) a PDF file c) a spreadsheet in the.xlsm format d) a CVS file type 8. Excel has password protection that you can apply to your spreadsheet that can: a) prevent others from opening your spreadsheet unless they know the correct password b) allow others to read a spreadsheet, but prevent them from modifying it unless they know the correct password c) both a and b above d) none of the above; Excel does not offer password protection 9. Which of the following saves backup copies of your spreadsheet while you work: a) AutoRestore b) AutoSave c) AutoRecover d) AutoFill Exam Page -5

7 10. Protected view is: a) a new security feature b) automatically used when you download a spreadsheet from the Web c) automatically used when you open a spreadsheet from your inbox 11. Which of the following is a limitation of Excel: a) you cannot open more than one file at a time b) you must save files in the personal documents folder c) you cannot open more than one file with the same name at the same time d) you must initially save files in the.xlsx format 12. Excel distinguishes between four core data types, including all of the following except: a) ordinary text b) numbers c) dates and times d) language 13. When using dates: a) if you don t type in any year at all, Excel automatically assumes you mean the current year b) if you use a two-digit year as part of the date, Excel automatically assumes you mean the 21 st century c) if you use a three-letter month abbreviation, you must put the month at the front (i.e., Jul ) d) Excel stores and displays dates according to the regional setting on your computer 14. The AutoComplete feature: a) works with text and numbers alike b) considers entries you have placed in other columns c) will fill in words if it recognizes the beginning of an existing word d) cannot be turned off 15. AutoFill is a great tool for: a) generating simple lists b) creating complex spreadsheets c) making difficult calculations d) fixing entry mistakes 16. As part of the Undo feature, Excel tracks the last action(s). a) 1 b) 10 c) 25 d) All of the following are true regarding the AutoRecover feature except: a) it can provide you with an automatically backed-up version of your work in the event of a catastrophic failure b) it allows you to open one of the automatically saved versions of your spreadsheet in a separate window c) the AutoRecover files are ordinarily saved even after you close the workbook d) it is a temporary backup which Excel can delete at any time 18. Which of the following is true regarding the Spell Check feature: a) there is not a Spell Check feature in Excel b) the Spell Check feature works from the current cell and moves from top to bottom throughout the columns c) the Spell Check feature only examines text d) the Spell Check feature does not offer any options 19. You can create a hyperlink to: a) a web page b) a different type of file c) another worksheet or another part of the current spreadsheet 20. You can place a maximum of hyperlink(s) per cell. a) one b) two c) three d) five Exam Page -6

8 21. You can choose any of the following calculations in the status bar except: a) average b) sum c) numerical count d) product 22. Which of the following keyboard shortcuts selects the entire worksheet: a) Ctrl+Space b) Shift+Space c) Ctrl+Shift+Space d) Ctrl+Shift+Space twice in a row 23. When you are moving data from one place to another: a) you can cut or copy a single cell or any combination of cells b) ordinarily the data gets moved, but the formatting does not c) if you paste the data in cells that already contain data, Excel overwrites the existing cells d) cutting and pasting a cell does not remove the source data from its original cell 24. When you copy Excel cells, the list of paste options under the Paste group include all of the following except: a) Formulas b) No Borders c) Values d) Transpose 25. Excel can hold separate cell selection(s) in the Office clipboard. a) 1 b) 10 c) 24 d) If you want to delete a column and automatically shift all of the columns to the left, you can click on the column header and: a) hit the Delete key b) choose Home Cells Delete c) either a or b above d) none of the above 27. When you start a fresh workbook in Excel, you automatically get blank worksheet(s) in it. a) one b) two c) three d) four 28. Hiding a worksheet: a) is the same as deleting a worksheet b) removes the worksheet s tab at the bottom of the screen c) does not keep the worksheet from appearing on printouts 29. For worksheets that are grouped together, you can simultaneously: a) move or hide the worksheets b) apply formatting to entire worksheets c) enter new text 30. When using the basic Find feature: a) Excel searches by comparing the content you enter with the content in each cell b) Excel searches the display text rather than the cell content c) Excel searches one cell at a time from top to bottom in the first column, and moves to the right after an entire column has been searched d) Excel compiles a list of matches 31. When using wildcards, what symbol represents any single character: a) * b)? c) & d) $ Exam Page -7

9 32. Which of the following is true regarding the formatting of cell values: a) the cell value that Excel displays is the same as the cell value stored b) the display value should be in a form that makes sense for the spreadsheet c) Excel can apply the number format for cells that contain text 33. Which number format does not limit your data to a fixed number of decimal places: a) Number b) Currency c) General d) Scientific 34. When you enter a fraction in Excel, it will try to read it as a date unless you: a) change the number format to Fraction before you type in your fraction b) enter a 0 and then a space before you type in your fraction c) either a or b above d) none of the above; Excel requires fractions be converted to decimals 35. The Special number format converts numbers into common patterns. You can choose from all of the following except: a) Zip Code + 4 b) Phone Number c) Social Security Number d) Credit Card Number 36. Fixed text that can be inserted into a number formatting string is called a: a) superlative b) literal c) known d) code 37. When you need to store a large amount of text in one cell, you can use: a) text wrapping b) shrink the size of the text c) merge multiple cells d) any of the above 38. All of the following are true regarding borders except: a) applying a border is a multistep process b) the border tab provides two shortcuts in the tab s Presets section c) when choosing the color for your border, if you select Automatic, Excel will automatically select the color you used last d) you can remove a worksheet s gridlines to more easily see any custom border you have added 39. Which of the following is a feature of using Format Painter: a) you can create a customized collection of format settings b) you can copy all of a cell s format settings from one cell to another c) Excel provides a collection of prebuilt format settings 40. Which of the following is not true regarding the Styles feature: a) Excel spreadsheets start off with a collection of prebuilt styles b) you can customize a style that can be saved and used throughout a spreadsheet c) you can transfer styles between workbooks d) you cannot modify the formatting of a cell after you have applied a style 41. In Excel, a theme is a combination of three ingredients that include all of the following except: a) fonts b) borders c) colors d) effects 42. When using conditional formatting: a) you can use only one rule at a time b) the formatting changes you can make are limited to color c) you can modify a cell with various graphical tricks like data bars and icons d) you cannot create conditions that compare a cell to other cells Exam Page -8

10 43. The standard zoom setting is: a) 10% b) 100% c) 200% d) 500% 44. When you split a worksheet: a) you can split it into two, three, or four panes b) each worksheet contains an identical replica of the entire worksheet c) if you make a change to a worksheet in one pane, the change will not automatically be made to the other panes d) you can either split it horizontally or vertically, but not both 45. When you use the freeze feature: a) you can freeze rows or columns only in groups b) you can only freeze columns, but not rows c) you can freeze rows beginning at any row d) you cannot freeze rows and columns at the same time 46. Custom views does not allow you to: a) save split panes b) save hidden columns and rows c) save print settings d) save views with Excel s tables feature 47. An Excel tool that lets you place several open workbooks inside one large Excel window, and save your arrangement is called: a) a custom workspace b) a custom view c) a custom style d) a custom theme 48. When you create a custom workspace, Excel gives you four choices for window arranging. Which of the following is not one of the four choices: 49. If you do not adjust any settings before printing a worksheet, which of the following occurs: a) Excel s gridlines appear in the printout b) Excel will not print your file in color c) Excel will not include hidden rows and columns d) Excel will automatically shrink your spreadsheet to fit on one page, regardless of its size 50. Under Page Setup, the Sheet tab has a number of options that you will not find anywhere else, including all of the following except: a) Print area b) Gridlines c) Header/Footer d) Page order 51. Ordinarily, every new workbook starts out with: a) a header b) a footer c) both a header and a footer d) neither a header nor a footer 52. All of the following can be a part of a formula except: a) the equal sign b) the result c) cell references d) simple operators 53. According to Excel s order of operations: a) Excel automatically processes a formula from left to right b) any calculations within parentheses are always performed first c) if Excel encounters formulas of equal precedence, it sends an error signal until you use parentheses to explain the desired order d) addition and subtraction operations are always performed first a) horizontal b) vertical c) tiled d) wallpaper Exam Page -9

11 54. When using Excel s automatic formatting: a) Excel copies only the number format to the formula cell b) if you change the formatting of the source cells after you enter the formula, it will not have any effect on the formula cell c) if your formula uses more than one cell reference, and the cells use different number formats, Excel uses its own rules of precedence to decide which number format to use 55. Which of the following is true regarding functions: a) functions alone do not actually do anything b) a function must begin with an equal sign c) a function requires an optional argument d) functions are always written in lower case 56. When using cell ranges with a function, the comma is the: a) range operator b) intersection operator c) union operator d) complex operator 57. If a formula has an error, Excel lets you know by using an error code the that begins with a(n): a) # (number sign) b)? (question mark) c)! (exclamation point) d) * (asterisk) 58. The Function Library divides its functions into categories, including all of the following except: a) AutoSum b) Recently Used c) Logical d) Complex 59. Cell references that Excel updates automatically when you copy them from one cell into another are called: 60. Which of the following is an advantage of using a rounding function: a) you can use the value in other calculations without losing any precision b) it is easier than cell formatting c) you can round to any multiple you choose d) you only tweak the way the number is displayed 61. Which of the following functions simply shorten your numbers by removing extra digits: a) ROUND() b) MROUND() c) INT() d) ODD() 62. The SUM() function can accept over arguments: a) 10 b) 100 c) 200 d) The MAX() and MIN() functions ignore: a) text b) empty cells c) true or false values 64. Excel offers a quick shortcut for five of its functions, including all of the following except: a) SUM() b) COUNT() c) PERCENTILE() d) AVERAGE() 65. The PRODUCT() function accepts: a) specific numbers b) individual cell references c) cell ranges a) absolute cell references b) simple cell references c) relative cell references d) partially fixed references Exam Page -10

12 66. Which of the following is true regarding the FORECAST() and TREND() functions: a) they both are designed to calculate multiple values b) they both try to spot a relationship between two sets of numbers c) they both rely on very simple computations d) they both require you to be a specialist to use them 67. Which of the following is an optional argument when using the FV() function: a) rate b) nper c) payment d) pv 68. Which of the following is true regarding the RATE() function: a) Excel uses an iterative approach in making the calculation b) Excel will always come up with an answer c) you cannot supply an optional guess argument d) there are no impossible questions that can be asked using this function 69. Which of the following depreciation method functions does not require you to input the period argument: a) SLN() b) SYD() c) DDB() d) DB() 70. Which of the following functions can be used to join strings of text together: a) LEN() b) MID() c) CONCATENATE() d) SEARCH() 71. Which of the following functions remove nonprintable characters from a text string: a) TRIM() b) CLEAN() c) TEXT() d) SUBSTITUTE() 72. How many arguments are required to perform the TODAY() function: a) 0 b) 1 c) 2 d) The DATEDIF() function accepts three arguments, including all of the following except: a) start_date b) end_date c) display_method d) interval_type 74. Which of the following types of functions let you determine what kind of content resides in an individual cell: a) mathematical functions b) information functions c) lookup functions d) reference functions 75. VLOOKUP() requires three parameters, and has one optional parameter. Which of the following is the optional parameter: a) search_for b) table_range c) column_number d) range_lookup 76. Which of the following functions has the ability to convert a single-cell reference into a range: a) MATCH() b) INDEX() c) OFFSET() d) CHOOSE() 77. The HYPERLINK() function: a) is used to create an underlined hyperlink that someone can click b) requires you supply three function arguments c) cannot be used when you need to create dynamic links Exam Page -11

13 78. A technique that lets you put one function inside another is called: a) coding b) hiding c) nesting d) crashing 79. When you name a range: a) all names have to start with a letter b) all names cannot contain spaces c) all names have to be unique 80. Excel s formula auditing tools include all of the following except: a) step-by-step evaluation b) tracing precedents and dependents c) spell checking d) error checking Congratulations you ve completed the exam! Exam Page -12

14 EXCEL 2010 BASICS: WORKSHEETS, FORMULAS, AND FUNCTIONS #6470/QAS6470 (16 CPE hours) ANSWER SHEET (10/11) Important Note: For certification, this answer sheet must be completed and submitted to PES for grading within one year from the date of purchase. Please use black ink and print for quicker processing thank you. Name (as it appears on your license) Address City State Zip Home Work Daytime Phone ( ) address (for online grading) License Number State Expiration Date CPA, CFP, EA (circle one) If course was ordered by another party, please indicate name here: GRADING OPTIONS Please choose only ONE of the following: ONLINE GRADING Visit our website at o Login to your account (if you are a first-time user, you must set up a new user account). o Go to the MY CPE tab and click the My CPE Exams in Progress folder. o If your exam is not already located in this folder, click Add Exam Previously Purchased and follow the instructions. Mail Mail your exam to: PES, 4208 Douglas Blvd., Ste 50, Granite Bay, CA Fax Fax your exam to (916) and choose one of the following options: Please: mail my results only or fax phone my results to: ( ) PLEASE INDICATE YOUR ANSWER BY FILLING IN THE APPROPRIATE CIRCLE A B C D A B C D A B C D A B C D 1. O O O O 21. O O O O 41. O O O O 61. O O O O 2. O O O O 22. O O O O 42. O O O O 62. O O O O 3. O O O O 23. O O O O 43. O O O O 63. O O O O 4. O O O O 24. O O O O 44. O O O O 64. O O O O 5. O O O O 25. O O O O 45. O O O O 65. O O O O 6. O O O O 26. O O O O 46. O O O O 66. O O O O 7. O O O O 27. O O O O 47. O O O O 67. O O O O 8. O O O O 28. O O O O 48. O O O O 68. O O O O 9. O O O O 29. O O O O 49. O O O O 69. O O O O 10. O O O O 30. O O O O 50. O O O O 70. O O O O 11. O O O O 31. O O O O 51. O O O O 71. O O O O 12. O O O O 32. O O O O 52. O O O O 72. O O O O 13. O O O O 33. O O O O 53. O O O O 73. O O O O 14. O O O O 34. O O O O 54. O O O O 74. O O O O 15. O O O O 35. O O O O 55. O O O O 75. O O O O 16. O O O O 36. O O O O 56. O O O O 76. O O O O 17. O O O O 37. O O O O 57. O O O O 77. O O O O 18. O O O O 38. O O O O 58. O O O O 78. O O O O 19. O O O O 39. O O O O 59. O O O O 79. O O O O 20. O O O O 40. O O O O 60. O O O O 80. O O O O Please complete the attached course evaluation your opinion is extremely valuable. Exam Page -13

15 Excel 2010 Basics: Worksheets, Formulas, and Functions #6470/QAS Course Evaluation Rate on a scale of 1-10 with 1 being poor and 10 being excellent. 1. The course met the course objectives described in the promotional material. 2. The course was up to date, held my interest, was timely, and effective. 3. The course materials were understandable, valuable, and suitable for a correspondence course. 4. The amount of advance knowledge and stated prerequisites were appropriate. 5. The completion time was appropriate for the number of credits allowed. 6. The course met my professional education needs. Please answer the following questions mark/rate any and all that may apply 1. How would you rate PES s order desk customer service 2. What can PES do to keep you as a valued customer? 3. Any other comments regarding this course or our company would be appreciated. 4. What other courses/subjects would you like to see PES offer in the future? Mail to: Professional Education Services, LP 4208 Douglas Blvd., Ste 50, Granite Bay, CA Exam Page -14