Introduction

Question 1

What is Microsoft 365?

Answer 1

A subscription-based version of Microsoft Office, including Excel

Question 2

What distinguishes Microsoft 365 from legacy versions of Excel?

Answer 2

New features, a calculation engine, and services that roll out regularly

Question 3

What was Microsoft 365 formerly known as?

Answer 3

Office 365

Question 4

What are legacy versions of Excel?

Answer 4

Perpetual licenses for Excel that require a one-time payment to use on a single computer

Question 5

What happens to legacy versions of Excel after purchase?

Answer 5

No new features are added unless a new license is purchased

Question 6

List some examples of legacy versions of Excel.

Answer 6

• Excel 2021
• Excel 2016
• Excel 2013
• Excel 2010

Question 7

How are features referenced in Excel 2013 and later?

Answer 7

Features are available in all subsequent versions, including Microsoft 365

Question 8

Fill in the blank: Microsoft 365 allows use of the software on _______.

Answer 8

multiple devices

Question 9

True or False: Legacy versions of Excel include ongoing feature updates.

Answer 9

False

Question 10

What is the payment structure for Microsoft 365?

Answer 10

Subscription-based

Question 11

What is the payment structure for legacy versions of Excel?

Answer 11

Pay once for a perpetual license