VERIFIED QUESTIONS & CORRECT ANSWERS |
WALL STREET PREP LATEST EDITION
EXCEL CRASH COURSE EXAM 2026
Wall Street Prep | Latest Edition | 300 Verified Questions
QUESTION 1 What does the Excel function SUM do?
A) Counts the number of cells in a range
B) Finds the average of a range
C) Multiplies all numbers in a range
D) Adds all numbers in a specified range
E) Finds the maximum value in a range
✔ CORRECT ANSWER: D RATIONALE: The SUM function adds all numeric
values within a specified range or list of arguments, making it the most basic and widely
used function in Excel.
QUESTION 2 Which keyboard shortcut is used to copy a selected cell or range in
Excel?
A) Ctrl + X
B) Ctrl + V
C) Ctrl + Z
D) Ctrl + S
E) Ctrl + C
✔ CORRECT ANSWER: E RATIONALE: Ctrl + C is the universal copy shortcut in
Excel. Ctrl + X cuts, Ctrl + V pastes, Ctrl + Z undoes, and Ctrl + S saves.
QUESTION 3 What is the correct syntax for an IF function in Excel?
A) =IF(value, then, logical_test)
B) =IF(logical_test, value_if_true, value_if_false)
, C) =IF(true, false, condition)
D) =IF(logical_test, value_if_true, value_if_false)
E) =IF(condition; result1; result2)
✔ CORRECT ANSWER: D RATIONALE: The IF function syntax is
=IF(logical_test, value_if_true, value_if_false). It evaluates a condition and returns one
of two values depending on whether the condition is TRUE or FALSE.
QUESTION 4 Which function returns the largest value in a set of values?
A) LARGE()
B) TOP()
C) MAX()
D) HIGH()
E) PEAK()
✔ CORRECT ANSWER: C RATIONALE: The MAX function returns the largest
numeric value in a specified range or list of arguments. LARGE() can also return the nth
largest value but MAX() is the direct function for the absolute largest.
QUESTION 5 What does VLOOKUP stand for?
A) Variable Lookup
B) Value Lookup
C) Vertical Lookup
D) Virtual Lookup
E) Vector Lookup
✔ CORRECT ANSWER: C RATIONALE: VLOOKUP stands for Vertical Lookup. It
searches for a value in the first column of a table and returns a value in the same row
from a specified column.
QUESTION 6 How many arguments does the VLOOKUP function require at minimum?
, A) 1
B) 2
C) 3
D) 4
E) 5
✔ CORRECT ANSWER: C RATIONALE: VLOOKUP requires at minimum 3
arguments: lookup_value, table_array, and col_index_num. The fourth argument
(range_lookup) is optional and defaults to TRUE (approximate match).
QUESTION 7 What symbol is used to create an absolute cell reference in Excel?
A) @
B) #
C) &
D) $
E) %
✔ CORRECT ANSWER: D RATIONALE: The dollar sign ($) is used to lock a cell
reference, making it absolute. For example, $A$1 locks both the column and row, so the
reference does not change when the formula is copied.
QUESTION 8 What is the keyboard shortcut to toggle absolute and relative references
in Excel?
A) F1
B) F2
C) F3
D) F4
E) F5
✔ CORRECT ANSWER: D RATIONALE: Pressing F4 while a cell reference is
selected in the formula bar cycles through all four reference types: absolute ($A$1), row
absolute (A$1), column absolute ($A1), and relative (A1).
, QUESTION 9 Which function counts only the cells that contain numbers?
A) COUNTA()
B) COUNT()
C) COUNTIF()
D) COUNTBLANK()
E) SUMCOUNT()
✔ CORRECT ANSWER: B RATIONALE: COUNT() counts only cells containing
numeric values. COUNTA() counts all non-empty cells, COUNTIF() counts based on a
condition, and COUNTBLANK() counts empty cells.
QUESTION 10 What does the CONCATENATE function do?
A) Splits text into multiple cells
B) Counts characters in a string
C) Joins two or more text strings into one
D) Converts numbers to text
E) Finds a character within a string
✔ CORRECT ANSWER: C RATIONALE: CONCATENATE (or the & operator /
CONCAT function in newer versions) joins two or more text strings into one single
string.
QUESTION 11 What is the shortcut to insert a new worksheet in Excel?
A) Ctrl + N
B) Ctrl + W
C) Shift + F11
D) Alt + N
E) Ctrl + T