Wall Street Prep Excel Exam 74 Questions with Verified Answers
All of the following are keyboard shortcut that allow the user input to add more sheets
... [Show More] to a workbook EXCEPT:
Alt i w
Alt h i s
Shift F11
Alt Shift F1
Alt h i w - CORRECT ANSWER Alt h i w
What is a keyboard shortcut to open a file?
Ctrl o
Ctrl f
Alt o
Ctrl n - CORRECT ANSWER Ctrl o
What is the recommended workbook calculation setting for Excel?
Automatic
Manual
Automatic except for Data Tables
Iterate - CORRECT ANSWER Automatic except for Data Tables
To add a cell reference from a different worksheet into an existing formula with your keyboard, you should follow the following steps:
1. Hit F2 to get into the existing formula; delete any incorrect formulas or operators 2. Hit F2 again to enable "Enter" mode on the bottom-left corner of the Excel sheet 3. Holding down Ctrl, use PageUp or PageDown to find the desired worksheet 4. Let go of the Ctrl and PageUp/Down keys 5. Use the arrow keys to locate the desired cell reference 6. Hit Enter
1. Hit F2 to get into the existing formula; delete any incorrect formulas or operators 2. Hit F2 again to enable "Enter" mode on the bottom-left corner of the Excel sheet 3. Holding down Alt, use PageUp or PageDown to find the desired worksheet 4. Let go of the Ctrl and PageUp/Down keys 5. Use the arrow keys to locate the desired cell reference 6. Hit Escape - CORRECT ANSWER 1. Hit F2 to get into the existing formula; delete any incorrect formulas or operators 2. Hit F2 again to enable "Enter" mode on the bottom-left corner of the Excel sheet 3. Holding down Ctrl, use PageUp or PageDown to find the desired worksheet 4. Let go of the Ctrl and PageUp/Down keys 5. Use the arrow keys to locate the desired cell reference 6. Hit Enter
What is the keyboard shortcut to move sheets within a workbook?
Alt F W V
Alt H O M
Alt D T
Alt A W T - CORRECT ANSWER Alt H O M
What is the keyboard shortcut to open the formatting cells dialog box?
Ctrl 1
Ctrl 2
Ctrl Shift 1
Ctrl Shift 2 - CORRECT ANSWER Ctrl 1
What are the keyboard shortcuts for auto-fitting a range of columns?
1) Select the columns by hitting Ctrl Spacebar. 2) Hold down the shift key and use left and right arrow keys to highlight the range of columns. 3) Hit Alt H O I to auto fit the columns.
1) Hold down the shift key and use left and right arrow keys to select columns desired. 2) Hit Alt H O I to auto fit the columns
1) Select the columns by hitting Shift Spacebar. 2) Hold down the Ctrl key and use left and right arrow keys to highlight the range of columns. 3) Hit Alt H O W to auto fit the columns.
1) Select the columns by hitting Shift Spacebar. 2) Hold down the Shift key and use left and right arrow keys to highlight the range of columns. 3) Hit Alt H O W to auto fit the columns. - CORRECT ANSWER 1) Select the columns by hitting Ctrl Spacebar. 2) Hold down the shift key and use left and right arrow keys to highlight the range of columns. 3) Hit Alt H O I to auto fit the columns.
When you are in the Format Cells dialog (Ctrl 1):
1) What is the keyboard shortcut for moving across tabs (Number, Alignment, Font Border, Fill, Protection)?
2) How do you move counter clockwise across form elements?
3) How do you select a checkbox (put a checkbox next to it)
1) Tab 2) Ctrl Tab 3) Spacebar
1) Alt Tab 2) Ctrl Tab 3) Spacebar
1) Ctrl Tab 2) Shift Tab 3) Spacebar
1) Ctrl Tab 2) Shift Tab 3) Enter - CORRECT ANSWER 1) Ctrl Tab 2) Shift Tab 3) Spacebar
If I want to add the title "Company Financials" in cell A1 ensure that all columns are the same width across all the worksheets in my workbook, how would I do that? - CORRECT ANSWER Group the worksheets by hitting Ctrl Shift and use the PageUp/Down keys to select the worksheets.
In the active sheet type in "Company Financials" in A1 and apply the desired width to all columns
Remember to hit Ctrl Pageup or Pagedown to make sure that future edits only apply to active sheet.
What is the keyboard sequence to
1) Group highlighted columns (but not to hide group)
2) Hide the group (will show a + sign above the column)
3) Show the group (will show a + sign above the column) - CORRECT ANSWER 1. Shift Alt Down Arrow 2. Alt a h 3. Alt a j
Ctrl Alt Right Arrow is not a native Excel shortcut. Alt a j is not a valid shortcut sequence.
Which of the following keys IS NOT a way to trace precedent cells?
Ctrl [
Alt m p
Alt t u t
Ctrl Alt [ - CORRECT ANSWER Ctrl [
What is the keyboard shortcut to freeze panes within a worksheet? - CORRECT ANSWER Alt w f f
Please select the answer that best describes the shortcut to
Split (not freeze) an excel sheet into just two panes (top and bottom)
To navigate from pane to pane - CORRECT ANSWER With the active cell on any row but in column A, hit Alt w s to split the panes to a top and bottom.
Hit F6 to jump from pane to pane (in some versions of Excel you will need to hit F6 several times to get from one pane to the other).
You are in cell A1 and start a formula by typing = in a worksheet with split top and bottom panes. In order to jump to the bottom pane while working on the formula: - CORRECT ANSWER Hit F6
Identify the commands to insert a comment and delete a comment - CORRECT ANSWER Shift F2, Alt h e m
Identify the utility used to create a dropdown menu in Excel. - CORRECT ANSWER Alt d l
Which of the following is NOT a shortcut for changing the format of a cell
Ctrl Tab
Ctrl Shift 1
Ctrl B
Alt h f c - CORRECT ANSWER Ctrl Tab
Identify the shortcut to remove arrows from Trace Precedents or Trace Dependents. - CORRECT ANSWER Alt m a
What is the keyboard shortcut to open the paste special dialog box? - CORRECT ANSWER Alt e s or Alt h v s
Identify a function in cell D6 that will return the fraction of the year elapsed assuming a 360 day count basis.
=STUB(D4,D5)
=YEARFRAC(D4,D5,2)
=DAYS360(D4,D5)
=YEARFRAC(D4,D5)
Given
12/31/2014
6/25/2015 - CORRECT ANSWER =YEARFRAC(D4,D5,2)
Identify the formula that will always output a date that is the end-of-month date 3 months after the date inputted in D5.
=DATE(YEAR(D5),MONTH(D5)+3,DAY(D5))
=EOMONTH(3,D5)
=EOMONTH(D5,3)
Given
12/31/2014 - CORRECT ANSWER =EOMONTH(D5,3)
Identify the formula that, based in user inputs in cells B1 and B2, outputs the text "animal lover" for users who have at least 1 dog and at least one cat, and outputs "lonely person" when those conditions are not met.
=IF(OR(B1>0,B2>0),"animal lover","lonely person")
=IF(AND(B1>1,B2>1),"animal lover","lonely person")
=IF(AND(B1>0,B2>0),"animal lover","lonely person")
=AND(IF(B1>0,"animal lover","lonely person"),IF(B2>0,"animal lover","lonely person")) - CORRECT ANSWER =IF(AND(B1>0,B2>0),"animal lover","lonely person")
What IF function will output revenue growth based on the Scenario selected in cell F10?
=IF(F10=C14,F14,IF(F10=C15,F15,F16))
=IF(F10=C15,F15,IF(F10=C14,F14,F16))
=IF(F10=C16,F16,IF(F10=C14,F14,F15))
All of the above - CORRECT ANSWER All of the above
Identify the best formula that will output 2016 expenses. Hint: Only select the 'range lookup' argument if it is necessary.
=HLOOKUP(2016,B2:D4,2,0)
=HLOOKUP(2016,A1:D4,3)
=HLOOKUP("Expenses",A1:D4,2)
=HLOOKUP(2016,B2:D4,2) - CORRECT ANSWER
Identify the formula that will output 2016 expenses (55).
=OFFSET(B1,3,2)
=OFFSET(B1,2,3)
=OFFSET(A1,2,2)
=OFFSET(A1,3,3) - CORRECT ANSWER
Add/delete sheets - CORRECT ANSWER alt-i-w OR alt h-i-s
Moving around task ribbon - CORRECT ANSWER Tab and shift (to select)
Auto fit cell - CORRECT ANSWER alt-h-o-i
Custom fit columns - CORRECT ANSWER alt h-o-w
Custom fit rows - CORRECT ANSWER alt h-o-h
Select entire column/row - CORRECT ANSWER ctrl shift-arrow key
Format cells - CORRECT ANSWER ctrl 1
Paste special - CORRECT ANSWER alt e-s
Freeze panes - CORRECT ANSWER alt w-f-f
Split panes - CORRECT ANSWER alt w-s
Move between panes - CORRECT ANSWER F6
Get in cell AND navigate to others while inside - CORRECT ANSWER F2
Edit a cell from the outside - CORRECT ANSWER alt h-e
Add comments - CORRECT ANSWER Shift F2
Right (and down) fill - CORRECT ANSWER Ctrl (d) r
Insert/delete row - CORRECT ANSWER alt i-r/h-d-r
Insert/delete column - CORRECT ANSWER alt i-c/h-d-c
Date formatting - CORRECT ANSWER Ctrl shift #
Currency formatting - CORRECT ANSWER Ctrl shift $
Percentage formatting - CORRECT ANSWER Ctrl shift %
Number formatting - CORRECT ANSWER Ctrl shift !
Anchoring a cell - CORRECT ANSWER F4
Group columns - CORRECT ANSWER Ctrl space; shift alt right; hide: alt a-h && show: alt a-j
Group rows - CORRECT ANSWER Shift space; shift alt right; hide: alt a-h && show: alt a-j
Auditing Cell - CORRECT ANSWER Ctrl [ = highlights precedent cell
Ctrl ] highlights dependent cell
alt m-p highlights precedent cell
alt m-d highlights dependent cell
alt m-a-a erases arrows
Center across selection - CORRECT ANSWER Better than merge; effectively does same thing
Go to special - CORRECT ANSWER F5 alt s
Conditional Formatting - CORRECT ANSWER Custom: alt o-d
Native: alt h-l
Page breaks - CORRECT ANSWER alt enter
=SUM() - CORRECT ANSWER Sums values; alt = is shortcut
=AND() - CORRECT ANSWER True if all arguments are true
=OR() - CORRECT ANSWER True if one of more arguments are true
=IF() - CORRECT ANSWER Condition, output for true, output for false
=IFS() - CORRECT ANSWER Better than nested IF, last argument is TRUE
=IFERROR() - CORRECT ANSWER If there is an error, then a certain output is given
Concatenation - CORRECT ANSWER Making dynamic headers with &
=EOMONTH() - CORRECT ANSWER Gives date at end of month from specific start date
=EDATE() - CORRECT ANSWER Gives exact date from specific start date
=ISNUMBER() and =ISTEXT() - CORRECT ANSWER Determines if cell has numbers or text in it; if yes, certain output is given, if not same thing; embedded in =IF()
=YEARFRAC() - CORRECT ANSWER Percentage of year between two dates
=DATE() - CORRECT ANSWER Put in specific numbers and spits out date w/o serial number
=HLOOKUP() - CORRECT ANSWER (look up value, table range, row #)
=VLOOKUP() - CORRECT ANSWER (look up value, table range, column #); when using words add 0 to end
=INDEX() - CORRECT ANSWER enter table range and then R&C of what you want; static
=CHOOSE() - CORRECT ANSWER index of value you want and then manually input cells
=OFFSET() - CORRECT ANSWER start with reference point, then put in how many R&C you want to go down
=MATCH() - CORRECT ANSWER Relative position of an item in an array that matches a lookup value; use 0 at end
=INDIRECT() - CORRECT ANSWER Use with concatenation; put a cell in quotes and it returns value for you
=COLUMN() and =ROW() - CORRECT ANSWER Can be used with indirect to be dynamic [Show Less]