Course Name:Master of Business Administration

Course Title:MS Advanced Excel for Managers

Course Code:23MBAA107
1. MS Excel provides the default value for step in Fill series
dialog box
a) 0
b) 1
c) 2
d) 5
2. Which of following is Not one of Excel’s what-if function?
a)Goal seek
b)Solver
c)Scenario manager
d)Auto Outline
a) Where can you change automatic or manual calculation
mode in Excel?
a)Double CAL indicator on status bar
b)Go to File > Options > Formulas > Calculation Option – and
mark the corresponding radio button
c)Both of above
d)None of above
3. Which function is not available in the Consolidate dialog
box?
a)Pmt
b)Average
c)Max
d)Sum
4. Which language is used to create macros in Excel?
a)Visual Basic
 b)C
c)Visual C++
d)Java
5. Which function is used to calculate depreciation, rates of
return, future values and loan payment amounts?
a)Logical
b)Trigonometry
c) Statistical
d) Financial
6. Which is used to perform what if analysis?
a)Data Table
b)Goal seek
c)Scenario Manager
d)All of above
7. To extract the day value from the Date Joined column,
which of the following features can be used?
a)Standard formulas
b)DAY Function
c)Complex formulas
d)Smart formula
8. If you want show the current date with time, you can use -
a)TIME
b)THIS DAY
c)TODAY()
d)NOW()
9. To edit in an embedded excel worksheet object in a word
document
a)Use the excel menu bar and toolbars inside the word
application
 b)Edit the hyperlink
c)Edit the data in a excel source application
d)Use the word menu bar and toolbars
10. Which elements of worksheet can be protected from
accidental modification
a)Contents
b)Objects
c)Scenarios
d)All of above
11. Which of the following is an absolute cell reference?
a)!A!1
b)$A$1
c)#a#1
d)A1
12. Which of the following is not true regarding Conditional
Formatting?
a) You can add more than one condition to check
b) You can set condition to look for Bold and apply Italics on
them.
c) You can apply Font, border and pattern formats that meets the
specified conditions
d) You can delete any condition from Conditional Formatting
dialog box if it is not requried
13. Which of the following is invalid regarding the Protection
in Excel?
a) Protect Sheet
b) Protect Workbook
c) Protect Workspace
d) All of above are valid
14. Which of the following functions is used to calculate the
average of a range of cells, ignoring zero values?
a) AVERAGE
b) AVERAGEIF
c) AVERAGEIFS
d) AGGREGATE
16. Which of the following series type is not valid for Fill Series
dialog box?
a) Linear
b) Growth
c) Autofill
d) Time
17.We can save and protect the workbook by
a) Write Reservation Password
b) Protection Password
c) Read-only Recommended
d) Any of the above
18. MS Excel function VLOOKUP can have problems when used
on data values that have leading and trailing spaces. What
function can be used to eliminate these spaces?
a) CUT
b) TRIM
c) COUNTBLANK
d) COUNTIF
19.Which of the following functions is used to count the
number of cells in a range that meet a specific criteria?
a) COUNT
b) COUNTA
 c) COUNTBLANK
d) COUNTIF
20. Which one is not a Function in MS Excel ?
a) SUM
b) AVG
c) MAX
d) MIN
21.What type of chart is good for single series of data ?
a) Pie chart
b) Line chart
c) Scatter chart
d) Funnel chart
22.How can you create a drop-down list in Excel?
a) Using the AutoFill feature
b) Applying conditional formatting
c) Using the Data Validation feature
d) Applying a filter to a column
23. How can you create a dynamic named range in Excel?
a) Use the "Define Name" feature
b) Apply a filter to a column
c) Use the "Paste Special" option
d) Both A and B
24.What is the purpose of the DATEDIF function in Excel?
a) Calculates the difference between two dates
b) Converts a date to a specific format
c) Checks if a date falls on a weekend
d) Rounds a date to the nearest month
25. What does the term "Array Formula" mean in Excel?
a) A formula that returns an array of values
 b) A formula entered into multiple cells simultaneously
c) A formula that performs operations on an entire range of cells
d) A formula that uses the ARRAY function
26.Which Excel function is used to calculate the future value of
an investment?
a) NPV
b) IRR
c) FV
d) PV
27.What is the purpose of recording a macro in Excel?
a) To create a shortcut for frequently used Excel commands.
b) To automate repetitive tasks by recording a series of actions.
c) To import data from external sources into an Excel worksheet.
d) To calculate complex formulas and functions automatically.
28.How can you assign a macro to a button in Excel?
a) Right-click on the button and choose “Assign Macro.”
b) Go to the “Developer” tab and click on “Macro Options.”
c) Use the “ALT” key along with a designated letter key
combination.
d) Open the “Properties” window and select the macro from the
dropdown menu.
29.How can you create a data validation rule to allow only
numeric entries in a cell?
a) Select the cell, go to Data Validation, and choose “Whole
Number” as the validation criteria.
b) Select the cell, go to Data Validation, and choose “Text Length”
as the validation criteria.
c) Select the cell, go to Data Validation, and choose “Decimal” as
the validation criteria.
 d) Select the cell, go to Data Validation, and choose “Custom” as
the validation criteria.
30. How can you change the summary function of a value field
in a Pivot Table?
a) Right-click on the value field, select “Value Field Settings,” and
choose the desired summary function.
b) Go to the “Analyze” tab, click on “Field Settings,” and select the
desired summary function.
c) Double-click on the value field and the summary function options
will appear.
d) Select the value field, go to the “Design” tab, and choose the
desired summary function from the drop-down menu.
31. Why is the =COUNTIF function in Excel used?

a) Counts cells as specified

b) Counts blank cells in a range
c) Counts cells with numbers in a range
d) Returns values based on a TRUE or FALSE condition
32. Which logical function returns TRUE if all arguments
evaluate TRUE; FALSE if not?
a)IF
b)OR
c)ANDIF
d)AND
33. What is the function of the SUMIFS function in Excel?
a) It sums the values in a specified range that meet multiple
criteria
b) It calculates the average of the values in a specified range that
meet multiple criteria
 c) It counts the number of cells in a specified range that meet
multiple criteria
d) It returns the maximum value in a specified range that meets
multiple criteria
34. Which option allows you to display all numbers which are
less than 0 (negative numbers) in red color in MS Excel?
a)Conditional Formatting
b)Styling
c)Special Formatting
d)Compare Formatting
35. What is VBA used for in Excel?
a) Creating formulas
b) Automating tasks
c) Creating charts
d) All of the above
36. How do you access the VBA editor in Excel?
a) Press F11
b) Go to the Insert tab and click on the VBA button
c) Go to the Developer tab and click on the Visual Basic button
d) All of the above
37. What is an event in VBA?
a) A characteristic of an object
b) An action that can be performed on an object
c) A trigger that causes a certain action to occur
d) All of the above

38. How do you declare a variable in VBA?

a) Dim variableName As dataType
b) Var variableName As dataType
 c) Variable variableName As dataType
d) Set variableName As datatype
39. What is a method in VBA?
a) A characteristic of an object
b) An action that can be performed on an object
c) An event of an object
d) All of the above
40. when you use the fill effects in the format data series
dialog box, you can not
a)rotate text on the chart
b)select a fore ground color
c)select a pattern
d)select a background color
41. Which of the cell pointer indicates that you can fill series?
a) Doctor’s symbol (Big Plus)
b) Small thin plus icon
c) Mouse Pointer with anchor at the tip
d) None of above
42. Which function is used to trap and handle #N/A errors?
a) ERROR()
b) IFERROR()
c) IFERRORNA()
d) IFNA()
43. What is the function of the VLOOKUP function in Excel?
a) It searches for a value in the leftmost column of a table and
returns a value from the same row in a specified column
b) It searches for a value in a specified column of a table and
returns a value from the same row in the leftmost column
c) It searches for a value in a specified row of a table and returns a
value from the same column in the topmost row
d) It searches for a value in the topmost row of a table and returns
a value from the same column in a specified row
44. What is the function of the IFERROR function in Excel?
a) It returns a value if a cell contains an error
b) It hides errors in a cell
c) It replaces errors in a cell with a specified value
d) It displays a custom error message in a cell
45. What is the function to look up a value in a table in Excel?
a) =VLOOKUP(value, table, column)
b) =HLOOKUP(value, table, row)
c) =LOOKUP(value, table)
d) =FIND(value, table)
46. Another name for a pre-programmed formula in Excel is
a) Cell
b) Graph
c) Function
d) Range
47. Which of the following functions is available but not shown
in Excel Tooltip?
a) DATEVALUE
b) DATEDIF
c) KLOOKUP
 d) DCOUNT
48. If the cell B2 is 68, what will this IF function give you as a
result?
=IF (B2>60, ''pass'', ''fail'')
a) pass
b) fail
c) 60
d) none of these
49. Which function calculates your monthly mortage payment?
a)PMT (payments)
b)NPER (number of periods)
c)PV (present value)
d)All of above
50. If there is a VBA code in your Excel file, then you should
save the file as ____ format -
a) .xlsx
b) .xls
c) .xlsm
d) .csv