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Question 41

How can you quickly adjust the width of a column to fit its content?

A. Double-click the right edge of the column header
B. Right-click and select “Fit to Content”
C. Press Ctrl + W
D. Use the Format Painter

Answer: A. Double-click the right edge of the column header

Explanation: Double-clicking the boundary between column headers automatically adjusts the width to fit the content.

Question 42

Which of the following functions can be used to calculate monthly loan payments in Excel?

A. FV
B. PV
C. PMT
D. SUM

Answer: C. PMT

Explanation: The PMT function calculates the periodic payment for a loan based on a constant interest rate and payment amount.

Question 43

What is the purpose of the LEN function in Excel?

A. To count the number of cells in a range
B. To calculate the length of a string of text
C. To calculate the length of a range of values
D. To remove extra spaces from text

Answer: B. To calculate the length of a string of text

Explanation: LEN returns the number of characters in a text string, including spaces.

Question 44

Which of the following will you use to restrict user input in a cell to only predefined values?

A. Data Validation
B. Conditional Formatting
C. Trace Dependents
D. Protect Sheet

Answer: A. Data Validation

Explanation: Data Validation is used to control the type of data or values that users can enter into a cell.

Question 45

Which function allows you to retrieve data from multiple worksheets at once?

A. INDIRECT
B. VLOOKUP
C. SUMIF
D. MULTIREF

Answer: A. INDIRECT

Explanation: INDIRECT allows you to reference cells and ranges dynamically across multiple worksheets based on their text values.

Question 46

 How do you switch between different open workbooks in Excel?

A. Press Alt + Tab
B. Press Ctrl + Tab
C. Press Shift + Tab
D. Press Ctrl + Shift + Tab

Answer: B. Press Ctrl + Tab

Explanation: Ctrl + Tab cycles between open workbooks in Excel.

Question 47

What is the result of the formula =ROUND(15.75, 0)?

A. 15
B. 16
C. 17
D. 15.8

Answer: B. 16

Explanation: ROUND(15.75, 0) rounds the number to the nearest integer, which is 16.

Question 48

Which function calculates the internal rate of return for a series of cash flows in Excel?

A. IRR
B. PV
C. FV
D. RATE

Answer: A. IRR

Explanation: The IRR function calculates the internal rate of return for a series of cash flows, which is the interest rate at which the net present value (NPV) of cash flows equals zero

Question 49

How can you quickly copy the formatting of a cell to another cell in Excel?

A. Use the Format Painter tool
B. Press Ctrl + Shift + C
C. Use Data Validation
D. Press Alt + C

Answer: A. Use the Format Painter tool

Explanation: The Format Painter tool allows you to copy the formatting from one cell and apply it to others.

Question 50

Which of the following will you use to create a summary of a dataset with totals and averages?

A. PivotTable
B. Data Validation
C. Conditional Formatting
D. Filter

Answer: A. PivotTable

Explanation: A PivotTable is used to summarize large datasets by providing totals, averages, and other aggregate data.

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