Troubleshooting Excel Formulas: Discover and Use Formula

School: Seneca College - Course: MKM 805 - Subject: Accounting

ISM 382 First Examination Closed, Fall Semester 2022 Part One.Closed book, closed notes, computer used only to download this file of questions, type responses, and upload file back to Canvas Assignment; cellular telephone off, closed mouth.Opening Excel® forbidden. College of Business and university academic honor codes in force.All questions count equally.Total 100 points possible. 1.Name, and briefly explain the use of, three of the Formula Auditing tools available in Microsoft Excel® for troubleshooting computational problems in a worksheet. First tool Trace Precedent- it's Before making modifications to the Excel spreadsheet, trace precedents are used to identify the error's root cause and comprehend how the formulas are organized. Excel's Trace Precedents tool assists analysts in looking for possible connections between cells and an active cell. Second tool Remove Arrows-To get rid of these arrows, use the "Remove Arrows" command found in the "Formula Auditing" group under the "Formulas" tab. Third tool Error Checking- Auditing tools to check the formula or function error that has been supplied. 2.You have "inherited" a workbook from a co-worker who has been promoted. Part A:When you look at a function in the formula bar, how can you know at once that the function is an array function? Where you might otherwise need to utilize many formulas to perform computations on rows and columns of cells, an array formula (one that spans multiple cells) can be used. Part B:When you look at a formula in the formula bar, how can you know at once that the formula uses a value from a worksheet other than the worksheet in which the formula appears? The formula bar contains =CONCATENATE (Sheet1!A4, ", ", Sheet2!A5) =SUM(Sheet2!B3:E3) as indicated the single cell value range. The formula bar also has a delimiter. 78f7b8e73dfdd3187db8c944e3d3eea3f6f13039.docx Page 1 of 4 2 October 2022
3.In a formula, distinguish between B4, $B4, B$4, and $B$4.If the formula in question is in F10, how do these 4 choices affect the calculated result which will appearin F10? Significance of "B4" B4 - It is the relative cell reference that is adjusted for each and every row Significance of "$B4" $B4 - It is the relative cell reference for the row as we have fixed it for column B. Significance of "B$4" B$4 - It is the relative cell reference for the column side and the position of the row is absolute/fixed. Significance of "$B$4" $B$4 - It is the absolute cell reference that never changes no matter where the formula is copied.

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