Microsoft Excel 2013 Expert Part 1 v3.0 (77-427)

Page:    1 / 5   
Total 62 questions

You work as an Office Assistant for Blue Well Inc. The company has a Windows-based network. You are creating a chart in Excel 2013. You want to show the slope of data points in the chart to know the trend of the Business Intelligence data range. Which of the following will you use to accomplish the task?

  • A. Trendline
  • B. Sparkline
  • C. Backstage view
  • D. Line charts


Answer : A

Explanation:
A trendline is defined in Excel 2013. It is a data visualization tool to display the trend of a particular data range. It is used to show the slope of data points in a chart. There are various types of trendlines, such as linear trendlines, exponential trendlines, and linear forecast trendlines.
Answer option B is incorrect. A sparkline is defined as a tiny chart in the background of a cell.
Unlike charts on an Excel worksheet, sparklines are not objects. It is used because data presented in a row or column is useful, but patterns can be hard to spot at a glance. It is used to display a trend based on adjacent data in a clear and compact graphical representation by taking up a small amount of space. The benefit of using the sparklines is that these can be printed when a user prints a worksheet that contains them. This feature is not available in charts.
Answer option C is incorrect. The Microsoft Office Backstage view is used to replace the traditional file menu with a new approach that uses In and Out features for efficiency. The improved Ribbon enables users to access their preferred commands rapidly and create custom tabs to personalize the way they work.Answer option D is incorrect. Excel provides a column chart facility to display data that is arranged in columns or rows on a worksheet.
Line charts are used to display continuous data over time, set against a common scale. In a line chart, category data is distributed along the horizontal axis, and all value data is distributed along the vertical axis. Line charts are ideal for showing trends in data at equal intervals.


C:\Documents and Settings\Administrator\Desktop\1.JPG
A line chart should be used where category labels are text, and are representing evenly spaced values such as months, quarters, or years.

You work as a Finance Manager for Blue Well Inc. The company has a Windows-based network. You are using Excel spreadsheet for maintaining financial budget and other financial calculations. You want to return the depreciation of an asset for a specified period by using the fixed-declining balance method and to return the future value of a starting principal after applying a series of compound interest rates.
Which of the following financial functions will you use to accomplish the task? Each correct answer represents a complete solution. Choose all that apply.

  • A. DB function
  • B. NPV function
  • C. DDB function
  • D. FVSCHEDULE function


Answer : A,D

Explanation:
Various financial functions (reference) are as follows:
1. ACCRINT function: It is used to return the accrued interest for a security that pays periodic interest.
2. ACCRINTM function: It is used to return the accrued interest for a security that pays interest at maturity.
3. AMORDEGRC function: It is used to return the depreciation for each accounting period by using a depreciation coefficient.
4. COUPDAYBS function: It is used to return the number of days from the beginning of the coupon period to the settlement date.
5. AMORLINC function: It is used to return the depreciation for each accounting period.
6. COUPDAYS function: It is used to return the number of days in the coupon period containing the settlement date.
7. COUPDAYSNC function: It is used to return the number of days from the settlement date to the next coupon date.
8. COUPNCD function: It is used to return the next coupon date after the settlement date.
9. COUPNUM function: It is used to return the number of coupons payable between the settlement date and maturity date.
10. COUPPCD function: It is used to return the previous coupon date before the settlement date.
11. CUMIPMT function: It is used to return the cumulative interest paid between two periods.
12. CUMPRINC function: It is used to return the cumulative principal paid on a loan between two periods.
13. DB function: It is used to return the depreciation of an asset for a specified period by using the fixed-declining balance method.
14. DDB function: It is used to return the depreciation of an asset for a particular period by using the double-declining balance method.
15. DISC function: It is used to return the discount rate for a security.
16. DOLLARDE function: It is used to convert a dollar price that is expressed as a fraction into a dollar price that is expressed as a decimal number.
17. DOLLARFR function: It is used to convert a dollar price that is expressed as a decimal number into a dollar price that is expressed as a fraction.
18. DURATION function: It is used to return the annual duration of a security with periodic interest payments.
19. EFFECT function: It is used to return the effective annual interest rate.
20. FV function: It is used to return the future value of an investment.
21. FVSCHEDULE function: It is used to return the future value of a starting principal after applying a series of compound interest rates.
22. INTRATE function: It is used to return the interest rate for a fully invested security.
23. IPMT function: It is used to return the interest payment for an investment for a specified period.
24. IRR function: It is used to return the internal rate of return for a series of cash flows.
25. ISPMT function: It is used to calculate the interest paid during a particular period of an investment.
26. MDURATION function: It is used to return the Macauley modified duration for a security with an assumed par value of $100.
27. MIRR function: It is used to return the internal rate of return

You work as an Office Assistant for Tech Perfect Inc. Your responsibility includes preparing sales reports of the company. You have created a sales report in a workbook of Excel
2013.
Your workbook includes several worksheets as shown in the image given below:
You want the sheet tabs of the sheets containing charts to appear in red color. Which of the following steps will you take to accomplish the task?

  • A. Select the sheets containing charts. Select the Colors option in the Themes group on the Page Layout page.
  • B. Select the sheets containing charts. Right-click on the sheet tabs. Choose the Tab Color option from the shortcut menu.
  • C. Select the sheets containing charts. Right-click on the sheet tabs. Choose the Sheet Color option from the shortcut menu.
  • D. Select the sheets containing charts. Select the Effects option in the Themes group on the Page Layout page.
  • E. \Documents and Settings\Administrator\Desktop\1.JPG


Answer : B

Explanation:
According to the question, you want the sheet tabs of the sheets containing chart to appear in red color. In order to accomplish the task, you will have to take the following steps:

Which of the following steps will you take to merge copies of a shared workbook? Each correct answer represents a part of the solution. Choose all that apply.

  • A. In the Select Files to Merge into Current Workbook dialog box, click a copy of the workbook containing changes to be merged, and then click OK.
  • B. Click Compare and Merge Workbooks on Quick Access Toolbar.
  • C. Open the copy of the shared workbook to merge the changes.
  • D. Save the workbook if prompted.
  • E. Add Compare and Merge Workbooks.
  • F. Click Compare and Merge Workbooks on Macro Enabled Access Toolbar.


Answer : A,B,C,D,E

Explanation:
Take the following steps to merge copies of a shared workbook:
1. Add Compare and Merge Workbooks.
2. Open the copy of the shared workbook to merge the changes.
3. Click Compare and Merge Workbooks on Quick Access Toolbar.
4. Save the workbook if prompted.
5. In the Select Files to Merge into Current Workbook dialog box, click a copy of the workbook containing changes to be merged, and then click OK.

You work as an Office Manager for Blue Well Inc. The company has a Windows-based network. You want to change values in cells to observe the way in which those changes are affecting the outcome of formulas in the worksheet. Which of the following will you use to accomplish the task?

  • A. Form control
  • B. Trust Center
  • C. Accounting template
  • D. What-if analysis


Answer : D

Explanation:
What-if analysis is defined as the process of changing values in cells to observe the way in which those changes are affecting the outcome of formulas in the worksheet. There are three types of what-if analysis tools that are named as scenarios, data tables, and Goal Seek. A user can also install the Solver add-in to accommodate more variables than Goal Seek.
Answer option A is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using
VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros.
He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages.
Answer option C is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months. Answer option B is incorrect. Trust Center is where a user can find security and privacy settings for Microsoft Office 2013 programs.

You work as an Office Assistant for Tech Tree Inc. You have created a report in a workbook in
Microsoft Excel 2013. You want to summarize a large amount of data to analyze numerical data and to answer unexpected questions about your data in the Business Intelligence (BI) report that you are working with. For this purpose, you are required to create a PivotTable.
Which of the following steps will you take to accomplish the task?
Each correct answer represents a part of the solution. Choose all that apply.

  • A. Click OK.
  • B. Choose Select a table or range under Choose the data that you want to analyze.
  • C. Select the Macro-enabled checkbox in the Insert Security dialog box, and then click OK.
  • D. Click PivotTable or click the arrow below PivotTable, and then click PivotTable in the Tables group on the Insert tab.
  • E. Click a cell in the cell range that contains data for using worksheet data as the data source.


Answer : A,B,D,E

Jack wants the rows containing the name Tom and product Jam. There are thousands of entries in the log. Plowing through all the records will be time taking. Which option can be used to view only the relevant records?

  • A. Autofilter
  • B. Find
  • C. Sort
  • D. All filter


Answer : A

Explanation:
Autofilter is used to filter the record as per the condition by hiding the rest. Defining different filters, you can compare data in multiple ways, so you can glean vital information without wasting vital time.
Answer options B and D are incorrect. There are no such options defined in Excel to filter the records.
Answer options C is incorrect. The Sort function is used to arrange the records in ascending or descending order.

You work as an Office Assistant for Blue well Inc. You want to record a macro and save it with the name "Auto_Open" so that the macro will run whenever you open the workbook containing the macro.
While doing so, you observe that the Auto_Open macro fails every time. Which of the following are the causes of this?
Each correct answer represents a complete solution. Choose all that apply.

  • A. The default workbook or a workbook loaded from the XLStart folder is opened before running the macro.
  • B. The workbook is opened programmatically using the Open method.
  • C. The workbook where a user wants to save the Auto_Open macro already contains a VBAprocedure in its Open event.
  • D. The workbook is based on the record button that is disabled by default before running the Auto_Open macro.


Answer : A,B,C

Explanation:
The various limitations of recording an Auto_Open macro are as follows:
1. If the workbook where a user wants to save the Auto_Open macro already contains a
VBA procedure in its Open event, then all actions in the Auto_Open macro are overridden by the VBA procedure used for the Open event.
2. The Auto_Open macro will be ignored when a workbook is opened programmatically using the Open method.
3. The Auto_Open macro runs before any other workbooks are opened. Therefore, if the user records actions he wants Excel to perform on the default workbook or a workbook loaded from the XLStart folder, the Auto_Open macro will fail when the user restarts Excel because it runs before the default and start-up workbooks are opened.
Answer option D is incorrect. This is an invalid answer option.

Rick works as an Office Assistant for Tech Perfect Inc. He is creating a report through

Microsoft -

Excel -
2013. Rick wants to trace the project with the actual requirements. For this purpose, he is required to compare month to month, actual v budget, quarter to quarter, year to year variances.
Which of the following will Rick use to accomplish the task?

  • A. Evaluate Formula
  • B. Accounting template
  • C. Form control
  • D. Trust Center


Answer : B

Explanation:
The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months.
Answer option C is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using
VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach anexisting macro to a control, or write or record a new macro. These controls cannot be added to User Forms, used to control events, or modified to run Web scripts on Web pages.
Answer option A is incorrect. Evaluate Formula is the formula examination tool provided by Microsoft Excel. This tool is useful for examining formulas that do not produce any error but are not generating the expected result.
Answer option D is incorrect. Trust Center is where a user can find security and privacy settings
For Microsoft Office 2013 programs.

You work as an Office Assistant for Blue well Inc. The company has a Windows-based network. You are creating a hot spot on a graphic that other users can click to run a macro.
Which of the following steps will you take to accomplish the task?
Each correct answer represents a part of the solution. Choose all that apply.

  • A. To assign an existing macro to the graphic object, double-click the macro or enter its name in The Macro name box.
  • B. Click the arrow next to Shape Outline, and then click No Outline. C. Right-click the created hot spot, and then click Assign Macro.
  • C. To create a hot spot on the existing object, on the Insert tab, in the Illustrations group, Click Shapes, select the shape that you want to use, and then draw that shape on the existing object.
  • D. Click the name of the macro in the Macro name box, click Edit, and then click OK to edit an existing macro.
  • E. Click the arrow next to Shape Fill, and then click No Fill on the Format tab.
  • F. Click Record, type a name for the macro in the Record Macro dialog box, and then click OK to start the recording of the macro.
  • G. Select the hot spot in the worksheet to display Drawing Tools for adding the Format tab.
  • H. Click Slicer, type a name for the macro in the Slicer Macro dialog box, and then click OK to start the recording of the macro.


Answer : A,B,C,D,E,F,G,H

Rick works as an Office Assistant for Tech Perfect Inc. The company has a Windows- based network.
Rick is creating a project through Microsoft Excel 2013. The project on which he is working has 98 project tasks and 57 team members. Rick wants to check the progress of his project quickly and easily. Which of the following will Rick use to accomplish the task?

  • A. Gantt Chart Template
  • B. Form control
  • C. Trust Center
  • D. Accounting template


Answer : A

Explanation:
The Gantt Chart Template Deluxe Edition for Excel is used to generate quick and easy
Gantt charts that define the progress of a user's projects containing up to 100 project tasks and team members. Answer option B is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages. Answer option D is incorrect.
The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months. Answer option C is incorrect. Trust Center is where a user can find security and privacy settings for
Microsoft Office 2013 programs.

You work as an Office Assistant for Tech Perfect Inc. You are working in a spreadsheet.

You are -
facing a problem that when you type in a function and press Enter, the cell shows the function as you typed it, instead of returning the function's value as shown below:
Which of the following is the reason that is causing the above problem?

  • A. You are inserting a new column, next to a column that is already formatted as text.
  • B. Excel is trying to reference an invalid cell.
  • C. You are inserting a new column, next to a column containing Dates or Times.
  • D. The lookup_value or the array you are searching resides in a cell containing unseen spaces at the start or end of that cell.


Answer : A

Explanation:
The Excel Won't Calculate My Function error occurs when a user types in a function and presses
Enter, the cell shows the function as the user typed it, instead of returning the function's value.
The reason that causes this problem is that the cells containing the formula are formatted as
'text' instead of the 'General' type. This happens when the user inserts a new column, next to a column that is already formatted as text due to which the new column inherits the formatting of the adjacent column. Answer option D is incorrect. The Failure to Look Up Values in
Excel error occurs when a user gets an unexpected error while trying to look up or match a lookup_value within an array and Excel is not able to recognize the matching value. If the lookup_value or the array the user is searching resides in a cell, the user can have unseen spaces at the start or end of that cell. This will create the situation where the contents of the two cells that the user is comparing look the same but extra spaces in one of the cells cause the cells to have slightly different content. The other reason is that the contents of the cells that are being compared may have different data types.
Answer option B is incorrect. The Lookup Function Won't Copy Down to Other Rows error occurs when a user uses a function in one cell and it works perfectly but when he attempts to copy the function down to other rows, he gets the #REF error. The #REF! error arises when Excel tries to reference an invalid cell. This error occurs if the user has referenced an entire worksheet by clicking on the grey square at the top left of the worksheet. For Excel, this reference range is 1 to 1048576. Since the references are Relative References, Excel automatically increases the row references when this cell is copied down to other rows in the spreadsheet. Answer option C is incorrect. The Cell Shows a Date or Time Instead of a
Number error occurs because the cell that contains the formula is formatted as a 'date' or
'time' instead of a 'General' type or a number. This situation arises because a user has inserted a new column, next to a column containing Dates or Times, the new column has
'inherited' the formatting of the adjacent column.

Rick works as an Office Assistant for Tech Perfect Inc. The company has a Windows- based network. He is creating a form through Microsoft Excel 2013. He wants to enable worksheet forms to satisfy the flexible design requirements and to customize their appearance, behavior, fonts, and other characteristics. Which of the following will Rick use to accomplish the task?

  • A. Form control
  • B. Accounting template
  • C. Trust Center
  • D. ActiveX control


Answer : D

Explanation:
ActiveX controls are used on worksheet forms, with or without the use of VBA code, and on
VBA UserForms. They are used when a user needs more flexible design requirements than those provided by Form controls. They have extensive properties that can be used to customize their appearance, behavior, fonts, and other characteristics. The user can control different events that occur when an ActiveX control is interacted with. He can also write macros that respond to events associated with the ActiveX controls. When a user interacts with the control, the VBA code runs to process any events that occur for that control. The ActiveX controls cannot be added to chart sheets from the user interface or to
XLM macro sheets. It is not possible to assign a macro to run directly from the ActiveX control.
Answer option A is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using
VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros.
He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages.
Answer option B is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months. Answer option C is incorrect. Trust Center is where a user can find security and privacy settings for Microsoft Office 2013 programs.

Rick works as an Office Assistant for Tech Perfect Inc. He is creating a report through

Microsoft -
Excel 2013. Rick wants to interact with cell data but his computer does not contain VBA code and few features of his computer are still Excel 5. 0 features. Which of the following will
Rick use to accomplish the task?

  • A. Accounting template
  • B. Trust Center
  • C. Form control
  • D. Evaluate Formula


Answer : C

Explanation:
A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on
Web pages. Answer option A is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months.
Answer option D is incorrect. Evaluate Formula is the formula examination tool provided by Microsoft Excel. This tool is useful for examining formulas that do not produce any error but are not generating the expected result.Answer option B is incorrect. Trust Center is where a user can find security and privacy settings for Microsoft Office 2013 programs.

Which of the following can be defined as easy-to-use filtering components containing a set of buttons that enable users to quickly filter data in a PivotTable report, without opening drop-down lists to find the items to filter?

  • A. Accounting templates
  • B. ActiveX controls
  • C. Form controls
  • D. Slicers


Answer : D

Explanation:
Slicers are defined as easy-to-use filtering components containing a set of buttons that enable users to quickly filter data in a PivotTable report, without opening drop-down lists to find the items to filter.
When a user uses a regular PivotTable report filter to filter on multiple items, the filter indicates only that multiple items are filtered and the user has to open a drop-down list to find the filtering details. However, a slicer clearly labels the filter that is applied and provides details so that the data displayed in the filtered PivotTable report can be easily understood.
Answer option B is incorrect. ActiveX controls are used on worksheet forms, with or without the use of VBA code, and on VBA UserForms.
They are used when a user needs more flexible design requirements than those provided by Form controls. They have extensive properties that can be used to customize their appearance, behavior, fonts, and other characteristics. The user can control different events that occur when an ActiveX control is interacted with. He can also write macros that respond to events associated with the ActiveX controls. When a user interacts with the control, the VBA code runs to process any events that occur for that control. The ActiveX controls cannot be added to chart sheets from the user interface or to XLM macro sheets. It is not possible to assign a macro to run directly from the ActiveX control.
Answer option C is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using
VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages.
Answer option A is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months.

Page:    1 / 5   
Total 62 questions