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BusIM Unit 2, Lesson 3, Part 1
Test Description: MS Excel
Instructions: Answer all questions to get your test result.
1) Name one common report that businesses prepare on a regular basis.
A
Value
B
Proit-and-Loss
C
Assets
D
Brokers
2) They help people save money for retirement, children's college education and other financial needs.
A
Service planners
B
Income planners
C
Insurance planners
D
Financial planners
3) What does a balance sheet measure as of a certain date, usually the date that the report is prepared.
A
Net
B
Financial
C
Value
D
Balance
4) These built-in business features in MS Excel can be used to create a new workbook.
A
totals
B
templates
C
income
D
assets
5) These people help others when they want to buy and sell stocks and bonds.
A
brokers
B
services
C
equity
D
Insurance
6) In a balance sheet, these must equal the sum of liabilities and owner's net worth.
A
assets
B
income
C
equity
D
expenses
7) This handle is used to copy a value or formula into adjacent cells
A
hidden
B
fill
C
autofilter
D
bar
8) The type of cell reference which automatically adjusts when you copy it is called a
A
dollar reference
B
absolute reference
C
fill reference
D
relative reference
9) This is a predefined formula in Excel that performs a specific, built-in operation.
A
argument
B
syntax
C
autofilter
D
function
10) This refers to the structure of functions.
A
argument
B
template
C
syntax
D
absolute
*select an answer for all questions
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