Olympiad Test : MS Excel 2010 - 2 - Class 7 MCQ

To display the actual formula in a cell, you need to press the F2 key. Here is a detailed explanation:
1. When you enter a formula in a cell and press Enter, the cell displays the result of the formula instead of the actual formula.
2. However, if you want to see the actual formula in the cell, you can use the following method:
- Select the cell that contains the formula.
- Press the F2 key on your keyboard.
3. By pressing the F2 key, you activate the edit mode for the selected cell.
4. In the edit mode, the cell displays the formula instead of the result.
5. Now you can see and modify the formula if needed.
6. To exit the edit mode and display the result again, you can press Enter or Esc on your keyboard.
In summary, pressing the F2 key allows you to view and edit the actual formula in a cell instead of its result.

Explanation:
The correct answer is C: The cell reference is absolute.
Here's why:
- In Excel, a cell reference is used to identify a specific cell or range of cells.
- A cell reference consists of a column letter followed by a row number, such as A1 or B5.
- By default, cell references are relative, which means that if you copy a formula containing a cell reference and paste it to another cell, the reference will adjust based on the relative position of the new cell.
- However, by using the '$' sign in the cell reference, you can make it absolute, which means that the reference will not change when copied or moved.
- When the '$' sign is used in a cell reference like $A$1, both the column and row references are absolute, and they will remain fixed even if the formula is copied or moved to another cell.
- Absolute cell references are commonly used when you want to refer to a specific cell or range of cells that should not change, such as a constant value or a fixed reference point in a calculation.
In conclusion, the use of a '$' sign in a cell reference like $A$1 means that the cell reference is absolute, and it will not change when copied or moved.

First Step in Creating a Formula for a Cell:
The first step while creating a formula for a cell is to select the cell you want to place the formula into. This is important because it determines where the result of the formula will be displayed.
Detailed
To create a formula for a cell in Excel, follow these steps:
1. Select the cell: Click on the cell where you want the formula to be placed. This will ensure that the formula is applied to the correct cell.
2. Type the equals sign (=): After selecting the cell, type the equals sign (=) to tell Excel that you are about to enter a formula. The equals sign is used to indicate that the following characters are part of a formula and should be calculated.
3. Enter the formula: After typing the equals sign, you can enter the formula using any input values and the appropriate mathematical operators that make up your formula. For example, you can use addition (+), subtraction (-), multiplication (*), division (/), or other mathematical functions to create your formula.
4. Press Enter: Once you have entered the formula, press Enter on your keyboard. Excel will calculate the formula and display the result in the selected cell.
Remember to double-check your formula for accuracy and ensure that you have used the correct mathematical operators and cell references.

Answer:

The formula 'NETWORKDAYS' is used to return the number of whole workdays between two dates.

Explanation:

• The 'NETWORKDAYS' function is a built-in function in Excel that calculates the number of workdays between two given dates, excluding weekends and optionally, specified holidays.


• It is commonly used in business and financial calculations to determine the duration of a project or the number of workdays required to complete a task.


• The formula takes into account weekends (Saturdays and Sundays) and allows for the exclusion of specified holidays.


• The result returned by the 'NETWORKDAYS' formula is the count of whole workdays between the start date and end date, excluding any specified holidays.


• The formula syntax for 'NETWORKDAYS' is: NETWORKDAYS(start_date, end_date, [holidays]).


• The start_date and end_date parameters can be cell references or dates entered directly into the formula.


• The [holidays] parameter is optional and can be used to specify a range of cells or a named range that contains the holiday dates to be excluded from the calculation.

Overall, the 'NETWORKDAYS' formula is a useful tool for calculating the number of workdays between two dates in Excel.

The Format cells dialog box contains the following categories:
- Font: This category allows you to customize the appearance of the text, such as its font style, size, color, and effects like bold, italic, and underline.
- Border: This category allows you to add or remove borders around cells, adjust their style, color, and thickness, and define the specific borders you want to apply (e.g., top, bottom, left, right).
- Fill: This category allows you to modify the background color or pattern of the selected cells, enabling you to create visually appealing and differentiated cell formats.
- All of these: This option encompasses all the categories mentioned above, providing you with a comprehensive set of formatting options to customize the appearance of your cells.
In summary, the Format cells dialog box in Excel offers various categories, including Font, Border, and Fill, allowing you to modify the visual aspects of your cells. By utilizing these categories, you can enhance the readability and aesthetics of your spreadsheets.

To do what if analysis, you can use the following tools:
Data Table:
- The Data Table tool allows you to perform sensitivity analysis by calculating multiple results based on different input values.
- It helps you analyze the impact of changing various input values on the final outcome.
- By creating different scenarios in the data table, you can easily compare the results and make informed decisions.
Goal Seek:
- Goal Seek is a tool that helps you find the input value needed to achieve a desired result.
- It allows you to set a target value for a formula and then iteratively adjusts the input value until the desired result is obtained.
- This tool is useful when you want to determine the specific input value required to meet a certain goal.
Scenario Manager:
- Scenario Manager is used to create and manage different scenarios in a worksheet.
- It allows you to define and save different sets of input values, and then easily switch between these scenarios to see the impact on the results.
- This tool is helpful when you want to compare different "what if" situations without modifying the original data.
All of these:
- All of the above-mentioned tools can be used for what if analysis, depending on the specific requirements and complexity of the analysis.
- Using a combination of these tools can provide a comprehensive analysis of different scenarios and their impact on the final outcomes.

Auto Fill feature
The Auto Fill feature in spreadsheet programs, such as Microsoft Excel or Google Sheets, is a powerful tool that allows users to quickly and easily fill a series of cells with data based on a pattern or existing data. It helps save time and effort by automatically generating and extending values, formulas, or formatting across a range of cells.
Benefits of Auto Fill:
- Increases efficiency and productivity by automating repetitive tasks
- Helps maintain consistency and accuracy in data entry
- Saves time by eliminating the need to manually enter data for each cell
Explanation of Auto Fill options:
Here are the options provided by the Auto Fill feature:
1. Extends a sequential series of data: Auto Fill can be used to extend a series of data, such as numbers, dates, or text, in a sequential order. For example, if you enter "1" in a cell and drag the fill handle, it will automatically fill the adjacent cells with "2", "3", and so on.
2. Adds the cell values: Auto Fill can also be used to add the values from a series of cells. For example, if you have a series of numbers in cells A1, A2, A3, and you drag the fill handle to cell A4, it will automatically calculate the sum of the previous cells and fill the result in cell A4.
3. Applies a border around the selected cells: Auto Fill can be used to apply formatting, such as borders, to a range of selected cells. This is useful when you want to highlight or differentiate a specific group of cells.
4. Continues a pattern into one or more adjacent cells: Auto Fill can continue a pattern based on existing data. For example, if you have a series of dates in a column and you want to continue the pattern of weekdays, Auto Fill can automatically generate the next weekdays based on the existing dates.
In conclusion, the Auto Fill feature in spreadsheet programs is a versatile tool that offers various options for extending data, performing calculations, applying formatting, and continuing patterns. It greatly simplifies data entry and manipulation tasks, making it an essential feature for users working with large amounts of data.

Answer:
To select the entire row containing the current cell, you can follow these steps:
1. Place the cursor in the desired cell.
2. Press the following key combination: Shift + Space.
Here is a breakdown of the options mentioned in the question and why option A is the correct answer:
A: Shift + Space
- Pressing Shift + Space will select the entire row containing the current cell. This is the correct option.
B: Space
- Pressing Space alone will not select the entire row. It will only move the cursor to the next cell in the same row.
C: Ctrl + Space
- Pressing Ctrl + Space will select the entire column, not the entire row.
D: Alt + Space
- Pressing Alt + Space will open the window menu for the current application, not select the entire row.
In summary, the correct answer is A: Shift + Space.