EXCEL CRASH COURSE EXAM FROM
WALL STREET PREP - WALL STREET
PREP QUESTIONS AND ANSWERS
UPDATED 2025 | ASSURED SUCCESS
Which of the following keys IS NOT a way to trace precedent cells?
Ctrl Alt [
What is the keyboard shortcut to freeze panes within a worksheet?
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
1. With the active cell on any row but in column A, hit Alt W S to split the panes to a top and
bottom. 2. 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:
Hit F6
&
concatenate words and data
EOMONTH(start_date,months)
create monthly date headers by outputting the last day of a specified month
EDATE(start_date,months)
returns the exact date, x months from the start date
Identify a function in cell D6 that will return the fraction of the year elapsed assuming a 360 day
count basis.
=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.
=EOMONTH(D5,3)
Identify the formula that, based on 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(AND(B1>0,B2>0),"animal lover","lonely person")
=HLOOKUP(look up value, table range, row number)
searches for a value in the top row of a table or an array of values and then returns a value in
the same column from a row you specify in the table or array
=VLOOKUP(look up value, table range, column number)
searches for a value in the leftmost column of a table or an array of values and then returns a
value in the same row from a column you specify in the table or array
=MATCH(lookup_value, lookup_array, match_type)
returns the relative position of an item in an array that matches a specified lookup value
HLOOKUP w/ MATCH
=HLOOKUP(look up value, table range, MATCH((lookup_value, lookup_array, match_type))
VLOOKUP w/ MATCH
=VLOOKUP(look up value, table range, MATCH(lookup_value, lookup_array, match_type), 0)
OFFSET w/ MATCH
=OFFSET(reference, MATCH(lookup_value, lookup_array, match_type) -1,
MATCH(lookup_value, lookup_array, match_type) -1)
INDEX w/ MATCH
=INDEX(array, MATCH(lookup_value, lookup_array, match_type), MATCH(lookup_value,
lookup_array, match_type))
CHOOSE w/ MATCH
=CHOOSE(MATCH(lookup_value, lookup_array, match_type), values)
INDIRECT w/ MATCH
=INDIRECT("R"&MATCH(lookup_value, lookup_array,
match_type)&"C"&MATCH(lookup_value, lookup_array, match_type),FALSE)
, Address Function
=ADDRESS(MATCH(lookup_value, lookup_array, match_type), column_num)
True
true multiplied by an operator equals 1
False
false multiplied by an operator equals 0
ABS(number)
return absolute value
CEILING(number, significance)
round input up to number of significance
FLOOR(number, significance)
round input down to number of significance
COUNT
counts the number of cells that contain numbers within the list of arguments
COUNTA
counts the number of cells that contain numbers and text within the list of arguments
COUNTIF
counts the number of items in the range that satisfy a specific criteria
PV(rate, nper, pmt, fv, type)
returns the present value of a series of future payments
NPV(rate, value1, value2, ...)
returns the net present value of an investment based on a discount rate and a series of future
payments and income
XNPV(rate, values, dates)
returns the net present value for a set of cash flows that don't necessarily occur at equal time
intervals
IRR(values, guess)
returns the IRR for a series of values; IRR is the rate corresponding to an NPV of 0
XIRR(values, dates, guess)
returns the IRR for a series of values which may not be periodic
WALL STREET PREP - WALL STREET
PREP QUESTIONS AND ANSWERS
UPDATED 2025 | ASSURED SUCCESS
Which of the following keys IS NOT a way to trace precedent cells?
Ctrl Alt [
What is the keyboard shortcut to freeze panes within a worksheet?
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
1. With the active cell on any row but in column A, hit Alt W S to split the panes to a top and
bottom. 2. 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:
Hit F6
&
concatenate words and data
EOMONTH(start_date,months)
create monthly date headers by outputting the last day of a specified month
EDATE(start_date,months)
returns the exact date, x months from the start date
Identify a function in cell D6 that will return the fraction of the year elapsed assuming a 360 day
count basis.
=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.
=EOMONTH(D5,3)
Identify the formula that, based on 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(AND(B1>0,B2>0),"animal lover","lonely person")
=HLOOKUP(look up value, table range, row number)
searches for a value in the top row of a table or an array of values and then returns a value in
the same column from a row you specify in the table or array
=VLOOKUP(look up value, table range, column number)
searches for a value in the leftmost column of a table or an array of values and then returns a
value in the same row from a column you specify in the table or array
=MATCH(lookup_value, lookup_array, match_type)
returns the relative position of an item in an array that matches a specified lookup value
HLOOKUP w/ MATCH
=HLOOKUP(look up value, table range, MATCH((lookup_value, lookup_array, match_type))
VLOOKUP w/ MATCH
=VLOOKUP(look up value, table range, MATCH(lookup_value, lookup_array, match_type), 0)
OFFSET w/ MATCH
=OFFSET(reference, MATCH(lookup_value, lookup_array, match_type) -1,
MATCH(lookup_value, lookup_array, match_type) -1)
INDEX w/ MATCH
=INDEX(array, MATCH(lookup_value, lookup_array, match_type), MATCH(lookup_value,
lookup_array, match_type))
CHOOSE w/ MATCH
=CHOOSE(MATCH(lookup_value, lookup_array, match_type), values)
INDIRECT w/ MATCH
=INDIRECT("R"&MATCH(lookup_value, lookup_array,
match_type)&"C"&MATCH(lookup_value, lookup_array, match_type),FALSE)
, Address Function
=ADDRESS(MATCH(lookup_value, lookup_array, match_type), column_num)
True
true multiplied by an operator equals 1
False
false multiplied by an operator equals 0
ABS(number)
return absolute value
CEILING(number, significance)
round input up to number of significance
FLOOR(number, significance)
round input down to number of significance
COUNT
counts the number of cells that contain numbers within the list of arguments
COUNTA
counts the number of cells that contain numbers and text within the list of arguments
COUNTIF
counts the number of items in the range that satisfy a specific criteria
PV(rate, nper, pmt, fv, type)
returns the present value of a series of future payments
NPV(rate, value1, value2, ...)
returns the net present value of an investment based on a discount rate and a series of future
payments and income
XNPV(rate, values, dates)
returns the net present value for a set of cash flows that don't necessarily occur at equal time
intervals
IRR(values, guess)
returns the IRR for a series of values; IRR is the rate corresponding to an NPV of 0
XIRR(values, dates, guess)
returns the IRR for a series of values which may not be periodic
