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In the accompanying figure of Microsoft Excel 2016, the present value (PV) is _____. ​ In the accompanying figure of Microsoft Excel 2016, the present value (PV)  is _____. ​   A) $20,000.00 B) 60 C) 12 D) $386.66


A) $20,000.00
B) 60
C) 12
D) $386.66

E) B) and C)
F) A) and D)

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Which of the following step should be followed to edit the range reference to a cell when you have double-clicked the cell containing the formula or function? ​


A) Right-click on the cell containing the range and select the Format Cells option from the list
B) Position the cursor on the cell where the formula should appear
C) Drag the cell and place it on top of the reference cell
D) Select the range again and drag a handle on the border of the shading

E) B) and C)
F) A) and D)

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​ In the accompanying figure of Microsoft Excel 2016, Box 1 points to _____. ​ ​ In the accompanying figure of Microsoft Excel 2016, Box 1 points to _____. ​   A) a ScreenTip B) an argument C) the AutoFill option D) a mixed reference


A) a ScreenTip
B) an argument
C) the AutoFill option
D) a mixed reference

E) C) and D)
F) None of the above

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The syntax of the PMT function is PMT(rate,nper,pv[,fv=0][,type=0]). ​

A) True
B) False

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_________ is the amount added to the principal by the lender. A)Nominal value B)Installment C)Interest D)Intrinsic value

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You can change the color of cells by adding background colors, also known as _________. A)fill handle B)color palettes C)fill colors D)flex wrap

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Rebecca, a workflow analyst at Blanket Flower LLC, is using Microsoft Excel 2016 to develop work schedules for each department in the company. Her manager asks her to list the various departments in the company in the first column of the worksheet as shown in the figure given below. Which of the following orientations should Rebecca use to represent the cell content as shown in the figure? ​ Rebecca, a workflow analyst at Blanket Flower LLC, is using Microsoft Excel 2016 to develop work schedules for each department in the company. Her manager asks her to list the various departments in the company in the first column of the worksheet as shown in the figure given below. Which of the following orientations should Rebecca use to represent the cell content as shown in the figure? ​   A) Rotate Text Up B) Rotate Text Down C) Angle Counterclockwise D) Angle Clockwise


A) Rotate Text Up
B) Rotate Text Down
C) Angle Counterclockwise
D) Angle Clockwise

E) B) and C)
F) A) and D)

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The DAY(date) function is used to _____. ​


A) extract the day of the month from the date value
B) return the day in the date value where 1=Monday, 2=Tuesday, and so forth
C) create a date value for the date represented by the year, month, and day arguments
D) display the current date and time

E) A) and B)
F) B) and D)

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The accompanying figure shows a button in Microsoft Excel 2016 that is used to _____. ​ The accompanying figure shows a button in Microsoft Excel 2016 that is used to _____. ​   A) change the color of cells B) add borders to cells C) merge cells D) rotate cells


A) change the color of cells
B) add borders to cells
C) merge cells
D) rotate cells

E) A) and B)
F) B) and C)

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In Microsoft Excel 2016, some styles are based on the workbook's current _____.


A) theme
B) number format
C) data
D) reference

E) B) and D)
F) None of the above

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You cannot merge more than two cells in Excel. ​

A) True
B) False

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The cells in the accompanying figure of Microsoft Excel 2016 are _____. ​ The cells in the accompanying figure of Microsoft Excel 2016 are _____. ​   A) top-aligned B) center-aligned C) left-aligned D) right-aligned


A) top-aligned
B) center-aligned
C) left-aligned
D) right-aligned

E) B) and C)
F) A) and D)

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Which of the following is true of parenthesis in Microsoft Excel 2016? ​


A) Excel uses parenthesis in formulas to interpret them correctly.
B) Excel displays text and numbers only within parenthesis.
C) The parenthesis function in Excel returns a random number between 0 and 1.
D) The formulas in Excel always begin with an open parenthesis.

E) B) and C)
F) A) and B)

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A cell background can be formatted by using the _____ button. ​


A) Fill Color
B) Gridline
C) Orientation
D) Borders

E) A) and C)
F) A) and B)

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The series in the accompanying figure of Microsoft Excel 2016 has been created using the _____ option. ​ The series in the accompanying figure of Microsoft Excel 2016 has been created using the _____ option. ​   A) AutoFill B) Sort A to Z C) Wrap Text D) Add Series


A) AutoFill
B) Sort A to Z
C) Wrap Text
D) Add Series

E) A) and B)
F) A) and C)

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Briefly describe the different options available under the AutoFill Options button. ​

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Answers will vary. The AutoFill Options ...

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The general syntax of Excel functions is _____. ​


A) FUNCTION ()
B) FUNCTION ( argument1 , argument2 ,...)
C) FUNCTION ( text1 , number1 , text2 , number2 ,...)
D) FUNCTION(=value1)

E) All of the above
F) B) and D)

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