question What is the purpose of the IFERROR function in Excel

In Excel, what does the function =INDEX(A1:A10, 3) do?

A. Returns the value in the third cell of the range A1:A10
B. Adds the values in the range A1:A10
C. Finds the average of the range A1:A10
D. Rounds the value in cell A1 to the nearest whole number

Which Excel function is used to find the position of an item in a range?

A. -
B. =SEARCH()
C. =FIND()
D. =MATCH()

What is the purpose of the "Data Model" feature in Excel?

A. Combine multiple tables into a single table for analysis
B. Summarize and analyze data from a range of cells
C. Merge cells in a table
D. Filter data based on specific criteria

What is the purpose of the "Data Bars" feature in Excel?

A. Visualize the values in a range with colored bars in each cell
B. Summarize and analyze data from a range of cells
C. Merging cells in a table
D. Filter data based on specific criteria

What is the purpose of the "Slicer" feature in Excel?

A. Filter PivotTable or PivotChart data visually
B. Summarize and analyze data from a range of cells
C. Merge cells in a table
D. Filter data based on specific criteria

What is the purpose of the "Scenario Manager" feature in Excel?

A. Create and compare different sets of input values to see the resulting outcomes
B. Summarize and analyze data from a range of cells
C. Merge cells in a table
D. Filter data based on specific criteria

Which Excel function is used to calculate the internal rate of return (IRR) of an investment?

A. =NPV()
B. -
C. =IRR()
D. =PV()

Which Excel function is used to calculate the net present value (NPV) of an investment?

A. -
B. =NPV()
C. =IRR()
D. =PV()

In Excel, what does the term "Data Bars" refer to in conditional formatting?

A. Color gradients that represent the values in a range of cells
B. Bars displayed in a chart
C. Cell borders with specified colors
D. Font colors based on specified conditions

Which Excel function is used to calculate the cumulative interest paid on a loan between two periods?

A. =CUMIPMT()
B. =CUMPRINC()
C. -
D. =IPMT()

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