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2024 EXCEL CRASH COURSE EXAM 3 FROM WALL STREET PREP WALL STREET PREP ACTUAL QUESTIONS AND CORRECT ANSWERS (CORRECT VERIFIED SOLUTIONS) A NEW UPDATED VERSION

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2024 EXCEL CRASH COURSE EXAM 3 FROM WALL STREET PREP WALL STREET PREP ACTUAL QUESTIONS AND CORRECT ANSWERS (CORRECT VERIFIED SOLUTIONS) A NEW UPDATED VERSION

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1h|hP a g e



EXCEL CRASH COURSE EXAM|| ALL QUESTIONS A h h h h h h



ND CORRECT ANSWERS|| LATEST AND COMPLETE
h h h h h h



UPDATE 2024 WITH EXPERT SOLUTIONS|| ASSURE h h h h h



D PASS!!! h




Which of the following keys IS NOT a way to trace precedent cells?
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Ctrl [ h




Alt m p h h




Alt t u t h h h




Ctrl Alt [ - h h h


hANSWER: The correct answer is: Ctrl [. Ctrl [ is not a valid shortcut. Alt m p, Alt t u
h h h h h h h h h h h h h h h h h h h h


t, and Ctrl Alt [ are all shortcuts that can be used to trace precedent cells.
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What is the keyboard shortcut to freeze panes within a worksheet?
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Alt F W V h h h




Alt W S h h




Alt W F F h h h




Alt A W T - ANSWER: The correct answer is: Alt w f f.
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Alt f w v is the shortcut for Print Preview. Alt w s is the shortcut to split panes. Alt a w
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t is a shortcut to build data tables.
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Please select the answer that best describes the shortcut to
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Split (not freeze) an excel sheet into just two panes (top and bottom)
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To navigate from pane to pane
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1. Anywhere in the Excel worksheet hit Alt W S to split the panes to a top and bottom.
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2. Hit F6 to jump from pane to pane (in some versions of Excel you will need to hit F
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6 several times to get from one pane to the other).
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,2h|hP a g e


1. With the active cell on any row but in column A, hit Alt W S to split the panes to a t
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op and bottom. 2. Hit F6 to jump from pane to pane (in some versions of Excel you wi
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ll need to hit F6 several times to get from one pane to the other).
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1. With the active cell on any column but in row 1, hit Alt W S to split the panes to a to
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p and bottom. 2. Hit F6 to jump from pane to pane (in some versions of Excel you will
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need to hit F6 several times to get from one pane to the other). -
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ANSWER: The correct answer is:
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With the active cell on any row but in column A, hit Alt w s to split the panes to a top a
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nd bottom. h




Hit F6 to jump from pane to pane (in some versions of Excel you will need to hit F6 se
h h h h h h h h h h h h h h h h h h h


veral times to get from one pane to the other).
h h h h h h h h h




If the active cell is not in Column A, the user will have more than 2 panes. If the activ
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e cell is in Row 1, the user will get two vertical panes.
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You are in cell A1 and start a formula by typing = in a worksheet with split top and bo
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ttom panes. In order to jump to the bottom pane while working on the formula:
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Hit Tab h




Hit F6 h




Hit Alt F6 h h




Hit Alt Tab - ANSWER: The correct answer is: Hit F6
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Tab will navigate to the next cell. Alt F6 is not a valid shortcut. Alt Tab will navigate t
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o a different window.
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See lesson: Splitting & Freezing Panes
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Identify the commands to insert a comment and delete a comment
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1)Alt e m 2) Alt e m h h h h h h




1)Alt h e m 2) Alt I m h h h h h h h




1)Shift F2 2) Alt h e m h h h h h h




1)Alt h e m 2) Alt I s - ANSWER: The correct answer is Shift F2, Alt h e m.
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,3h|hP a g e


Alt e m is a shortcut to open the menu to move or copy a selected sheet. Alt I s is the s
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hortcut to insert a symbol. h h h h




Identify the utility used to create a dropdown menu in Excel.
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Alt d t h h




Alt d v l h h h




Alt d l h h




Alt d d t - ANSWER: The correct answer is: alt d l.
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Alt d t is the shortcut to build a data table. Alt d v l is not a valid shortcut. Alt d d t is no
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t a valid shortcut.
h h h




Which of the following is NOT a shortcut for changing the format of a cell
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Ctrl Tab h




Ctrl Shift 1 h h




Ctrl B h




Alt h f c - ANSWER: The correct answer is Ctrl Tab.
h h h h h h h h h h h




Ctrl Tab will move the selected cell. It is not a shortcut used to format cells. Ctrl Shift
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1 will change the cell to a Number format, Ctrl B makes the cell text bold, Alt h f c wil
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l allow to change the text color.
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Identify the shortcut to remove arrows from Trace Precedents or Trace Dependents.
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Alt d t h h




Alt m p h h




Alt m d h h




Alt m a - ANSWER: The correct answer is Alt m a.
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Alt d t inserts a data table. Alt m p is the shortcut to trace precedents. Alt m d is the sh
h h h h h h h h h h h h h h h h h h h h h


ortcut to trace dependents.
h h h

, 4h|hP a g e




Identify a function in cell D6 that will return the fraction of the year elapsed assuming
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ha 360 day count basis.
h h h h




=STUB(D4,D5)
=YEARFRAC(D4,D5,2)
=DAYS360(D4,D5)
=YEARFRAC(D4,D5) - h


ANSWER: The correct answer is: =YEARFRAC(D4,D5,2). STUB is not an Excel f
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ormula. DAYS360 will return the number of days in a 360 day year. YEARFRAC(D
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4,D5) will calculate the fraction using a 365-day year.
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Identify the formula that will always output a date that is the end-of-
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month date 3 months after the date inputted in D5.
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=DATE(YEAR(D5),MONTH(D5)+3,DAY(D5))
=EOMONTH(3,D5)
=EOMONTH(D5,3) - ANSWER: The correct answer is: =EOMONTH(D5,3) h h h h h h h




=DATE(YEAR(D5),MONTH(D5)+3,DAY(D5)) will add 3 months to the data input h h h h h h h h


ted in D5. EOMONTH(3,D5) reverses the arguments required for this function.
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Identify the formula that, based in user inputs in cells B1 and B2, outputs the text "ani
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mal lover" for users who have at least 1 dog and at least one cat, and outputs "lonely p
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erson" when those conditions are not met.
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=IF(OR(B1>0,B2>0),"animal lover","lonely person") h h




=IF(AND(B1>1,B2>1),"animal lover","lonely person") h h




=IF(AND(B1>0,B2>0),"animal lover","lonely person") h h




=AND(IF(B1>0,"animal lover","lonely person"),IF(B2>0,"animal lover","lonely pe h h h h


rson")) - h
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