PRE-EXAM
1. What is the keyboard shortcut key to lock cell references in a formula?*
CTRL
ALT
F2
F4
2. What are the shortcut keys for AutoSum?*
ALT and S
CTRL and S
ALT and =
CTRL and =
3. What are the shortcut keys to insert a new row in an Excel spreadsheet?*
ALT + H + I + R
ALT + H + I + C
ALT + H + I + I
ALT + H + I + S
4. What are the shortcut keys to group rows so you can expand/contract a section of data?*
ALT + A + U + U
ALT + A + W + G
ALT + A + G + G
ALT + A + B
5. Which of the following Excel features allows you to select/highlight all cells that are formulas?*
Find
Replace
Go To
Go To Special
6. What are the shortcut keys to open up the Find and Replace window?*
ALT + H + FD + R
CTRL + FD
ALT + H + R
ALT + H + FD
7. Which tab of the ribbon should you go to for removing gridlines on a worksheet?*
Formulas
View
Review
Developer
8. What are the keyboard shortcut keys to paste special?*
ALT + H + V + F
ALT + H + V + P
ALT + H + V + O
ALT + H + V + S
9. What are the keyboard shortcut keys to edit formula in a cell?*
F2
F4
CTRL + 1
CTRL + F
10. What are the keyboard shortcut keys to insert a table?*
ALT + N + R
ALT + N + C
ALT + N + V
ALT + N + T
11. In which tab of the ribbon can you change Workbook Views to Page Break Preview?*
View
Review
Page Layout
Data
12. The shortcut keys to increase the number of decimal places are*
ALT + H + 9
ALT + H + P
ALT + H + D
ALT + H + 0
13. Which of the following features cannot be found in the Data ribbon?*
What-If Analysis
PivotTable
Data Validation
Text to Columns
14. What is the best practice for financial modeling in excel?*
Use black font for all hard-coded numbers and formulas and blue font for only the totals
Use blue font for all hard-coded numbers and formulas and black font for only the totals
Use blue font for hard-coded numbers and black font for formulas
Use black font for hard-coded numbers and blue font for formulas
15. Which of the following is the correct formula to calculate the weighted average score in cell C8
as shown below?*
=SUMPRODUCT(C2:C5,B2:B5)
=SUMPRODUCT(C2:C4,B2:B4)
=AVERAGE(B2:B4)
=AVERAGE(C2:C4)
16. Company A is looking into four potential projects and will accept them if the IRR is 10% or
above, as shown in cell E2. What is the formula used in cell C2, which can be copied down to cell
C3 through C5, to generate the results shown below?*
=IF(B2>=E2,"Accept","Reject")
=IF(B2>=$E2,"Accept","Reject")
=IF(B2>=E$2,"Accept","Reject")
=IF(B2>=$E$2,"Accept","Reject")
17. What formula should be entered in cell A3 to display the results as shown below?*
="Income Statement"&A1
="Income Statement "&A1
="Income Statement "+A1
="Income Statement "&"A1"
18. What formula can be used in cell G2 to create a dynamic date which shows the last day of each
month?*
=EOMONTH($B$2,B1)
=EOMONTH($B$2,G1)
=EOMONTH($B$2,C1)
=MONTH($G$2)
19. Assuming cell A1 is displaying the number "12000.7789". What formula should be used to
round this number to the closest integer?*
=MROUND(A1,100)
=MROUND(A1,10)
=ROUND(A1,0)
=ROUND(A1,1)
20. Suppose a company expected its revenue to be $180,000 for 2014-2018. What formula should
be entered in cell E6 so it displays revenue in 2016 if it was above budget, otherwise it'll show 0?*
=IF(E2<$B$6,E2,0)
=IF(E2<$B$6,0,E2)
=IF(E2>$B$6,E2,0)
=IF(E2>$B$6,0,E2)
