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AITT Class Test I Batch 34 Questions

This document contains a 40 question multiple choice test on advanced Excel functions and formulas. The questions cover topics like financial functions, logical functions, text functions, date and time functions, array formulas, and order of operations. Correct answers are provided for each question to test the test-taker's knowledge of Excel formulas, functions, and their appropriate usage.

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Devashish Bharti
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222 views5 pages

AITT Class Test I Batch 34 Questions

This document contains a 40 question multiple choice test on advanced Excel functions and formulas. The questions cover topics like financial functions, logical functions, text functions, date and time functions, array formulas, and order of operations. Correct answers are provided for each question to test the test-taker's knowledge of Excel formulas, functions, and their appropriate usage.

Uploaded by

Devashish Bharti
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ADVANCED INFORMATION TECHNOLOGY (AICITSS)

CLASS TEST - I

1. The suitable function to find Net Present Value when cash flows are not equally spaced is:
(a) NPV
(b) XNPV
(c) YNPV
(d) ZNPV

2. At IRR, the NPV is:


(a) 0
(b) Positive
(c) Negative
(d) Indeterminate

3. DB function calculates depreciation as per:


(a) SLM Method
(b) WDV Method
(c) Either SLM or WDV, as per user’s specification
(d) Both SLM as well as WDV

4. Rajiv wants to find out the last day of the month corresponding to 03rd November, 2016. Which
excel function should he use?
(a) Edate
(b) Emonth
(c) Eodate
(d) Eomonth

5. Radha wants to find out the number of working days between 05/11/2015 and 06/07/2016. Which
function she should use?
(a) Workday
(b) Edate
(c) Networkdays
(d) Eomonth

6. Mod function returns the following:


(a) Dividend
(b) Divisor
(c) Quotient
(d) Remainder

7. Sunil wants to join multiple text strings. He faintly remembers that some special symbol can be used
for this purpose but he is not sure which symbol. He has approached you to seek guidance. Which
symbol will you advise?
(a) &
(b) $
(c) @
(d) !

-1-
8. Vlookup works in the direction:
(a) Top to bottom
(b) Bottom to top
(c) Left to right
(d) Right to left

9. H in Hlookup stands for:


(a) Heavy
(b) Horizontal
(c) Hierarchical
(d) Historical

10. Which functions may be combined to mimic Vlookup?


(a) Index Match
(b) Indirect Match
(c) Index Indirect
(d) Index Not

11. Which of the following functions return relative position of a value in an array?
(a) Index
(b) Match
(c) Indirect
(d) Iferror

12. Which of the following functions returns the reference specified by a text?
(a) Index
(b) Match
(c) Indirect
(d) Iferror

13. Which of the following functions has two sets of arguments/ways of writing function?
(a) Index
(b) Match
(c) Indirect
(d) Iferror

14. If you wish to combine multiple conditions such that all of them should get satisfied, use:
(a) And function
(b) Or function
(c) Both the functions
(d) Either of the two functions

15. If you wish to combine multiple conditions such that any one of them should get satisfied, use:
(a) And function
(b) Or function
(c) Both the functions
(d) Either of the two functions

16. Counta function counts:


(a) Numbers
(b) Texts
(c) Errors
(d) All of the above

-2-
17. Which of the following operators will be executed first?
(a) Addition
(b) Multiplication
(c) Exponents
(d) Division

18. Which of the following operators will be executed last?


(a) Addition
(b) Multiplication
(c) Exponents
(d) Division

19. The exact syntax of PMT function is

(a) PMT(NPER, RATE, PV, [FV], [TYPE])


(b) PMT(RATE, NPER, PV, [FV], [TYPE])
(c) PMT(RATE, PV, NPER, [FV], [TYPE])
(d) PMT(PV, RATE, NPER, [FV], [TYPE])

20. Which function doesn’t require an argument


(a) DATE()
(b) TODAY()
(c) MONTH()
(d) YEAR()

21. Which of the below is not a conditional operator


(a) <
(b) </
(c) <=
(d) <>

22. Which function will you use to enter current time in a woksheet cell?
(a) =today()
(b) =now()
(c) =time()
(d) =currentTime()

23. Except for the …… function, a formula with a logical function shows the word “TRUE” or “FALSE”
as a result
(a) IF
(b) AND
(c) OR
(d) NOT

24. Which of the following is a correct order of precedence in a formula calculation?


(a) Multiplication and division, exponential positive and negative value
(b) Multiplication and division, positive and negative values, addition and subtraction
(c) Addition and subtraction, positive and negative values, exponentiation
(d) None of above

-3-
25. A function inside another function is called a ….. function.
(a) Nested
(b) Round
(c) Sum
(d) Text

26. Which function calculates your monthly mortgage payment?


(a) PMT (payments)
(b) NPER (number of periods)
(c) PV (present value)
(d) All of above

27. When the formula bar is activated, you can see


(a) The Edit Formula button
(b) The Cancel button
(c) The Enter button
(d) All of above

28. Which function will calculate the number of workdays between 6/9/2004 and 8/12/2004?
(a) Workday
(b) Date
(c) Networkdays
(d) All of the above

29. Which symbol must all formula begin with?


(a) =
(b) +
(c) (
(d) @

30. Which of the following formulas is not entered correctly?


(a) =10+50
(b) =B7*B1
(c) =B7+14
(d) 10+50

31. Which of the following formulas will Excel Not be able to calculate?
(a) =SUM(Sales)-A3
(b) =SUM(A1:A5)*.5
(c) =SUM(A1:A5)/(10-10)
(d) =SUM(A1:A5)-10

32. When you copy a formula


(a) Excel erases the original copy of the formula
(b) Excel edits cell references in the newly copied formula
(c) Excel adjusts absolute cell references
(d) Excel doesn’t adjust relative cell references

33. Excel probably considers the cell entry January 1, 2000 to be a


(a) Label
(b) Value
(c) Formula
(d) Text string

-4-
34. Which of the following is a correct order of precedence in formula calculation?
(a) Multiplication and division exponentiation positive and negative values
(b) Multiplication and division, positive and negative values, addition and subtraction
(c) Addition and subtraction, positive and negative values, exponentiation
(d) All of above

35. Text formulas:


(a) Replace cell references
(b) Return ASCII values of characters
(c) Concatenate and manipulate text
(d) Show formula error value

36. When the formula bar is active, you can see


(a) The edit formula button
(b) The cancel button
(c) The enter button
(d) All of the above

37. To create a formula, you can use:


(a) Values but not cell references
(b) Cell references but not values
(c) Values or cell references although not both at the same time
(d) Value and cell references

38. When using Sumproduct function with criterias we have to use following character in between
arguments
(a) Comma
(b) Asterix
(c) Forward Slash
(d) Backward Slash

39. Count Function counts


(a) Text Values
(b) All Non Blank Cells
(c) All Blank Cells
(d) Numbers

40. While using Sumifs function sum range appears at


(a) First
(b) Last
(c) Middle
(d) No where

-5-

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