Introduction to Ms Excel Flashcards

1
Q

What are MS Excel and its uses?

A

A software program created by Microsoft that uses spreadsheets to organize numbers and data with formulas and functions.

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2
Q

What is a Spreadsheet?

A

A spreadsheet is a grid of rows and columns in which you enter text, numbers, and the results of calculations.

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3
Q

What is a Worksheet?

A

A computerized spreadsheet is called

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4
Q

What is a Workbook?

A

A file used to store worksheets.

A workbook is a file that contains one or more worksheets to help you organize data.

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5
Q

What is an Active cell?

A

Cell is surrounded by a heavy black border.

Refers to the currently selected cell in a spreadsheet

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6
Q

What is a Formula bar?

A

Where data or formulas you enter into a worksheet appear for the active cell.

Displays a formula when a worksheet cell contains a
calculated value.

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7
Q

What is a Status bar?

A

The Status Bar is the area at the very bottom in Excel where various information about the current mode or any special keys that are engaged can be seen

Keeps you informed of what is happening as you work

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8
Q

What is a Name Box?

A

Displays the cell reference of the active cell.

It displays the address of the active cell. It displays the name of the cell, range or object selected if this has been named.

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9
Q

What is a Formula?

A

Is an equation that calculates a new value from values

currently in a worksheet.

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10
Q

Types of Data?

A
  1. Labels – text, symbols
  2. Values – numbers, date
  3. Formulas – Basic formula, functions
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11
Q

Formating

A

Number, Allingment, Font, Border

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12
Q

Types of Cell Referencing

A

Absolute reference and Relative reference

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13
Q

What is an Absolute Reference?

A

Remains constant throughout a copy operation
(in a column or row)

Specified with a dollar sign before the column and
row. Ex, $B$4

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14
Q

What is an Relative Reference?

A

Adjusts/change during a copy operation.

The reference changes based on a relative position of rows and columns.

By default, all references in Excel are relative

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15
Q

Paper Spreadsheet VS Computer Spreadsheet

A

A large accounting page with many columns and rows of quantitative information that can be useful in business.

Use to perform various of calculations for financial applications. ( computer spreadsheet )

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16
Q

Entering data in Ms Excel

A

Values can be number, formulas and functions.

17
Q

Ms Excel Functions

A

Financial, date and time, Logical, Statistical, Mathematical and trigonometric

18
Q

Financial Functions

A

DDB, IRR, NPV, PV, SLN