Excel 5 Flashcards

0
Q

What does the function CONCATENATE do

A

Joins two or more text strings

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1
Q

What does the function PROPER do

A

Capitalizes the first letter of text strings

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2
Q

What is the function that converts all text to uppercase? The one for lowercase?

A

UPPER uppercase

LOWER lowercase

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3
Q

What does the function SUBSTITUTE do

A

Replaces text in a text string

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4
Q

What is a delimiter

A

A separator that should separate your data

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5
Q

What function totals cells in a range meeting a given criteria

A

SUMIF

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6
Q

What does COUNTIF do

A

Counts cells Ina range based on a specified condition

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7
Q

What does AVERAGEIF function do

A

Averages cells In a range based On a specified condition

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8
Q

What is a 3D reference

A

Referencing other sheets in a workbook

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9
Q

What function simplifies error checking. Hint: users specify message or value for error display

A

IFERROR

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10
Q

A cell with a circular reference contains a formula that refers to ______

A

It’s own cell location

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11
Q

What are the three parts to an IF function

A
  1. Logical test or condition
  2. Result if test is true
  3. Result if test is false
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12
Q

What will the OR function return as if the arguments are true

A

TRUE

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13
Q

What does the NOT logical function do

A

Reverses the value of its argument

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14
Q

What does PMT do

A

Calculates periodic payment amount for money borrowed

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15
Q

What are the main parts of the PMT function

A
  1. Interest rate; rate
  2. Term or number of payments; nper
  3. Loan value: pv
16
Q

What does the FV (future value) function do

A

Determines the amount of money a given monthly investment will amount to, at a given interest rate, after a given number of payments

FV(rate, nper, pmt, ph, type)