Introduction to Microsoft Excel

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Questions and Answers

What is the primary function of a spreadsheet application?

  • Writing documents
  • Managing emails
  • Creating presentations
  • Performing calculations and data analysis (correct)

Which Microsoft Office application is designed for creating and managing databases?

  • Microsoft Access (correct)
  • Microsoft Excel
  • Microsoft Word
  • Microsoft PowerPoint

Which of the following is NOT a typical use of spreadsheets in the accounting field?

  • Creating graphic designs (correct)
  • Preparation of budgets
  • Analysis of cash flows
  • Costing projects

In what context would a spreadsheet be used to its greatest potential?

<p>Forecasting financial performance based on variable inputs (D)</p> Signup and view all the answers

Which of the following tasks can be performed using spreadsheets in a scientific environment?

<p>Calculating regression coefficients (B)</p> Signup and view all the answers

How can spreadsheets aid in graphical representation of data for hospitals?

<p>By visualizing mortality and morbidity values (A)</p> Signup and view all the answers

What capability of spreadsheets is particularly useful for multi-national corporations?

<p>Currency conversions (B)</p> Signup and view all the answers

What functionality do spreadsheets offer for database management?

<p>Sorting and extracting data (C)</p> Signup and view all the answers

What 'what-if' scenario can spreadsheets help builders or architects assess?

<p>Effects of a storm drain's diameter on water flow rate (D)</p> Signup and view all the answers

Which is NOT a spreadsheet package?

<p>Pages (C)</p> Signup and view all the answers

What term is sometimes used interchangeably with 'spreadsheet'?

<p>Worksheet (A)</p> Signup and view all the answers

What is the first step to starting the Excel application?

<p>Clicking the Start button on the taskbar (D)</p> Signup and view all the answers

To edit data within an Excel cell directly in the formula bar, what is the correct sequence of actions?

<p>Select the cell, then edit in the formula bar (D)</p> Signup and view all the answers

After double-clicking a cell for direct editing in Excel, what is the function of the arrow keys?

<p>To move the insertion point within the cell (C)</p> Signup and view all the answers

How does Excel handle text alignment by default in a cell with the General format?

<p>Aligns text to the left (C)</p> Signup and view all the answers

How can you ensure that Excel treats a number as text during data entry?

<p>By typing an apostrophe before the number (A)</p> Signup and view all the answers

What does Excel display when a number exceeds the cell width and cannot be displayed?

<p>A series of # signs (C)</p> Signup and view all the answers

Which characters are valid in Excel for a number?

<p>Digits, plus sign, minus sign, period, 'E' (C)</p> Signup and view all the answers

What happens if you enter 1/2 in an excel cell?

<p>Displays as a date (C)</p> Signup and view all the answers

What does Excel convert to a serial number when a date is typed?

<p>The number of days from the beginning of the 20th century (B)</p> Signup and view all the answers

What shortcut applies the default date format to a cell in Excel?

<p>Ctrl + # (D)</p> Signup and view all the answers

What keyboard shortcut is used to enter the current date into an Excel cell?

<p>Ctrl + ; (C)</p> Signup and view all the answers

What is the function of the 'Auto Complete' feature in Excel?

<p>To automatically fill in repeated text items in a column (B)</p> Signup and view all the answers

What condition must be met for Excel’s AutoComplete to work for repeated text items?

<p>The items must be in the same column (D)</p> Signup and view all the answers

How do you activate a fill handle for continuous filling in Excel?

<p>It is displayed by default (B)</p> Signup and view all the answers

What type of data will Excel NOT automatically complete using the auto fill function

<p>Dates and times (D)</p> Signup and view all the answers

Which fill type will increment by day, week, month, or year?

<p>Date (B)</p> Signup and view all the answers

What happens if you drag the fill handle up or to the left without passing the first row or column?

<p>Excel deletes the data (D)</p> Signup and view all the answers

If cells A10:A25 and B10:B25 contain numerical values, and cell C10 has the formula =A10+B10, how can this formula be quickly applied to cells C11:C25?

<p>By using the autofill handle of cell C10 (B)</p> Signup and view all the answers

Which of the following is true for custom lists in Excel?

<p>All are correct (A)</p> Signup and view all the answers

How do you specify a cell range when deleting columns in Excel?

<p>The dialogue box will appear (C)</p> Signup and view all the answers

How would you write 5 to the power of B5+B4?

<p>=5^(B5+B4) (B)</p> Signup and view all the answers

What is the effect of using the minus sign at the beginning of a formula?

<p>It negates the value of the constant or address that follows (D)</p> Signup and view all the answers

How does excel treat cell references when formulas are copied to another cell?

<p>By creating realitive references (B)</p> Signup and view all the answers

If cell F4 contains the formula =SUM(B4:D4)*$D$4 and the formula is copied to cell F5, what is the resulting formula in F5?

<p>=SUM(B5:D5)*$D$4 (B)</p> Signup and view all the answers

How can a cell reference be made absolute in Excel?

<p>Use a dollar sign before the column and/or row (D)</p> Signup and view all the answers

What type of cell addressing has the row and column referenced relatively?

<p>Relative Addressing (B)</p> Signup and view all the answers

Which cell referencing type locks the column and or row cell reference?

<p>Absolute Cell Referencing (D)</p> Signup and view all the answers

What is a mixed cell address?

<p>An address that is both an absolute and relative address (C)</p> Signup and view all the answers

What addressing is not permitted in excel?

<p>Circular Addressing (A)</p> Signup and view all the answers

If cell D3 contains the formula (D1+D2-D3)/3, what type of cell reference is used?

<p>Circular addressing (A)</p> Signup and view all the answers

If you need to refer to cell A10 on 'Sheet5', what is the proper syntax for the cell reference in the formula?

<p>Sheet5!A10 (C)</p> Signup and view all the answers

With multi worksheets in Excel, you can specify a range from Sheet 1 to Sheet4, what address is used to reference this in SUM function?

<p>=SUM(Sheet1:Sheet4!$D$1:$D$10)) (A)</p> Signup and view all the answers

Identify the function of comparison operators. Choose the best option:

<p>Enable users to compare two values (A)</p> Signup and view all the answers

Which operation is given preference over Addition when an Excel formula is evaluated?

<p>Exponentiation (C)</p> Signup and view all the answers

You can use parenthesis () to:

<p>Force change to order equation is read in Excel. (D)</p> Signup and view all the answers

If a formula contains both exponentiation and multiplication where is operation will be evaluated first?

<p>The exponential (A)</p> Signup and view all the answers

What two mathematical operations if in the equation will be evaluated based on position?

<p>B and C (B)</p> Signup and view all the answers

How would you make a custom list in Excel?

<p>File -&gt;Options -&gt; Advanced - &gt; under the General Section -&gt; click the Edit Custom Lists (D)</p> Signup and view all the answers

Flashcards

Spreadsheet

A software program that is the electronic equivalent of an accounting worksheet, consisting of rows and columns to store numbers and text, enable arithmetic calculations and automated analysis.

Accounting

The process of holding data in a spreadsheet for financial and other non financial institutions.

Scientific environment

The use of spreadsheets by scientists such as mathematicians, engineers, physicists, chemists, meteorologists, statisticians, biologist, etc. to perform statistical computations.

Graphical Representation

The use of spreadsheets in many disciplines to represent data graphically for easy analysis such as Pie chart, Histogram, line graphs, etc.

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Forex bureau

Where multi-national companies use spreadsheets for their currency conversions.

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Database management

Where businesses and individuals can use spreadsheets for maintaining their data base.

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Auto Complete

A feature in Excel that automatically completes repeated text entries in a column.

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Fill handle

A command to fill data into worksheet cells that Excel automatically continues a series of numbers, number and text combinations, dates, or time periods, based on a detected pattern.

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Data Entry Efficiency

A function that Excel uses to automatically repeat data or fill data automatically.

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Formula

A formula may be defined as any data that does not place itself in a cell but rather the result that it generates.

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Mathematical formula

A feature that allow the use of mathematical operators such as + (addition), - (subtraction), * (multiplication) and ^ (exponentiation), etc

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Excel Numbers

A term for values containing only the characters 1 2 3 4 5 6 7 8 9 0 - + / . E e

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Cell Referencing

Cell references, also called addresses, are used in a formula to refer to the contents of a cell or a group of cells.

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Relative cell references

Cell references that refer to cells relative to a position in a formula.

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Absolute cell references

A cell reference that refers to cells in a specific location.

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Mixed cell referencing

A cell reference where does both, the column or the row remains absolute while the column is relative or the column is relative and the row is absolute.

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Circular references

Involves the use of the current cell's address in the formula for the current cell either directly or indirectly.

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Arithmetic operators

Operators that are used in performing basic mathematical operations such as addition, subtraction, or multiplication, division, etc to produce numeric results.

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Comparison operators

Operators that make it possible for you to compare two values.

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Text concatenation operator

The ampersand (&) sign which is used to join, or concatenate, one or more text strings to produce a single piece of text.

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Reference operators

Operators that make it possible to combine cells or range of cells for calculations.

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Order of Evaluation

States that given two operators with different precedence in the same formula, the operator with the higher precedence would be evaluated first.

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Naming Cells and Ranges

When the content of data needs to be referenced it is easier to reference a name rather than a A1 or B1.

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Built-in functions

A function that has already been defined by the Excel software developers

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Arguments

The data, values and references for the information needed to do the calculation.

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NOW Function

The NOW function calculates the serial number of the date and time in the computer's clock.

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TODAY Function

The TODAY function calculates the date serial number for the current date, which is the current date from the system clock on the computer.

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Financial Functions

Excel is a tool that is used to produce financial analyses

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Logical Functions

Excel is a tool that is used to build the rule of truth is test logic.

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Formatting

Excel makes changes of appearance.

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Formatting A Table Automatically

The option to make a table when formatting cells.

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Format Painter

This help you to copy formats from one cell to another

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ENTERING TEXT AND NUMBERS

Text in a cell will automatically align on the left side of the cell.

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Del Key

Shortcut Keys for changing the Worksheet layout.

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ENTERING DATES AND TIMES

Function of Excel that recognizes dates and times typed in most common ways.

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Table

It helps you to organize information.

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PRINTING EXCEL WORKSHEETS

A tool that enables you to see the full capabilities of one's printer.

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3-D References

This consists of sheet range specifying the beginning and ending referred to.

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Auto Sum Command

Clicking those will give you other functions such as Average, Count of entries in the selected range, minimum entries, etc.

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Importing Files

Can limit the type of files that are displayed, and open several different types of files without having to go through a special conversion.

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Study Notes

Getting Started with Excel

  • Microsoft Office suite includes applications like Microsoft Word, Access, PowerPoint, Outlook, Publisher, and Excel.
  • Microsoft Excel is a spreadsheet application.

Spreadsheets and Uses

  • Spreadsheets, also known as electronic spreadsheets, are software equivalents of accounting worksheets.
  • Spreadsheets consist of rows and columns and the intersection of these are used to store numbers and text.
  • Spreadsheets have a wide range of uses, from simple arithmetic to complex analysis.
  • Spreadsheets are widely used in research, industry, and business for data storage, manipulation, comparison, planning, and forecasting.
  • Financial and non-financial institutions utilize spreadsheets for budgets, financial statements, cash flow analysis, and investment proposals.
  • Scientists use spreadsheets for statistical computations like averages, standard deviations, and ANOVA.
  • Spreadsheets serve for data graphical representation such as pie charts and histograms.
  • Forex bureaus use spreadsheets for currency conversions which allows conversion from one currency to another without an external calculating device.
  • Spreadsheets are used for database management, enabling sorting and extraction of data.
  • Spreadsheets excel at "what if" questions, aiding in planning and financial analysis.
  • Excel can automatically update values based on changes in dependent values, making it a planning tool and not only just for financial statements.
  • Spreadsheet software options include AS-EASY-AS, SUPERCALC, LOTUS 1-2-3, SYMPHONY, QUATROPRO, FRAMEWORK IV, and EXCEL.
  • "Spreadsheet" is often used to refer to the computer program or the sheet on which you work and some programs use the term 'worksheet'.

Starting and Quitting Excel

  • To start Excel, click the Start button, scroll through programs, and select Excel.
  • Excel can also be started by double-clicking a desktop shortcut.
  • To close Excel, ensure your work is saved and click the close button in the title bar.

Editing Cells

  • To edit in the formula bar, first select a cell, then position the text pointer and click, then edit.
  • To edit directly in a cell, double-click the cell, move to the desired position using arrow keys, make the changes, and press Enter.

Entering Data

  • A cell can contain up to 255 characters.
  • If a cell isn't wide enough, data is truncated if the adjacent cell is occupied.
  • In general format, text aligns at the left side of a cell..
  • Prefacing a number with an apostrophe or enclosing it in quotation marks with an equal sign allows Excel to treat numbers as text.
  • Numbers exceeding the cell width are displayed as text, with "#" signs, or in E notation.
  • Although these methods may help display the entry, you cannot perform arithmetic operations using text values.
  • Valid number characters include 0-9, -, +, /, ., and Ee.
  • When a number is entered, Excel stores the number and the appearance format for that number.
  • When entering a fraction, type the integer, a space, then the fraction (e.g., 7 1/2). To enter a simple fraction, type zero, a space then the fraction (e.g. 0 1/2)
  • When dates and times are typed in excel they are converted to a serial number

Date and Time

  • Excel recognizes dates and times entered in many common formats, converting them to serial numbers for calculations.
  • For dates, the serial number represents the number of days since January 1, 1900.
  • Times translate to decimal fractions of a 24-hour day.
  • To format a date in the default date format, select the cell and press Ctrl + #.
  • To format a time in the default format, select the cell and press Ctrl + @.
  • To quickly enter the current date, press Ctrl + ;.
  • To quickly enter the current time, press Ctrl + :.
  • Valid date entries align to the right and appear in m/d/yyyy format in the formula bar.
  • Times may be entered in h:mm, h:mm:ss, h:mm AM/PM, etc. formats.
  • If using a 12-hour clock, follow the time entry with a space, then A, AM, P, or PM.

Auto Complete

  • Auto complete makes it easier to enter text items that are repeated in a column.
  • Excel automatically completes entries after the first few letters and pressing Enter accepts the entry.
  • If the suggestion is incorrect, you can just continue typing a different entry.
  • The feature completes text and combinations of text and numbers (not dates and times).
  • The option can be turned off in Excel Options under Advanced > Editing options.
  • The AutoComplete list is based on the active column.

The Fill Handle

  • You can use the fill handle to fill data into worksheet cells by dragging on it
  • Enable Fill handle and cell drag-and-drop is a setting in Advanced options for Excel
  • Alert before overwriting cells is an option to prevent data loss when dragging the fill handle.
  • An "AutoFill Options" button appears after dragging which allows filling series either with formatting, without formatting or by filling days, months or years etc

Clearing, Inserting or Deleting

  • Del key clears selected formula for Edit, Clear, Contents
  • Backspace keystroke clears the formula bar
  • Ctrl + X cuts the selected text
  • Ctrl + V pastes in text
  • Ctrl + Z Will undo actions
  • Avoid entering space by typing the command instead use "Clear command"

Erasing a Cell

  • Del Key after selecting a cell to delete the only the contents of a cell, not the notes or formatting
  • The clear command deletes the notes or formats that were attached to the cell along with options to clear the notes, the formatting or a combination of both

Modifying Cells

  • The "Edit, Delete command deletes all rows and cells and sides in other cells to fill the gap
  • You can choose the direction from Edit, Delete

How to Remove Cells

  • Select the cells or arrange the cells in rows an column to delete
  • Either press ctrl or minus for the same effect
  • Select the right mouse button and select delete
  • Click the Home button and select Delete from the cell group and select the appropriate option

How to insert Rows and Columns

  • Press Ctrl shift + plus (+), or click the right mouse button and select insert

Increasing Data-Entry Efficiency

  • Can select Excel to automatically repeat or fill data

  • Automatically repeating items is from what is already entered in a column

  • First few Characters that you type, need to match an existing one automatically

  • Excel automatically only completes entries with text or text and number

  • You can either press Enter to accept proposed entry

  • Replace the automatically entered characters by typing or deleting autmatically entered Characters, by pressing backspace

  • Can still type to type a different text, item, or change a setting

Turning it Off

  • Turning off is an Advanced option in Edit settings
  • Excel Bases on the active cells column
  • Bases to that contains the active cell, if it repeats, they may not automatically be be able to copy

Using the Fill Handle

  • Display is turned on in Editing Options
  • Command is used to fill data into the work sheet

Entering Text and Numbers

  • Is the idea that the next entry in cell is based on the previous

To Enter fractions such as 7 1/2

  • Type the intenger, which is a space
  • excel will either iterpret the entry as a date

Entering Dates and Times

  • Is in the common Ways
  • When Excel convert those to serial number
  • 1/1/1902 is interperted to 732
  • Time is enterpreted as a decimal action
  • Select CTRL # to default date from

Adding a Cell

  • The Excel formula is based around the "Edit, Delete" function
  • Select and choose the direction in to the

Excel and the What IF

  • Very frequent in Business you want to find alternative questions
  • Want to know the answer so you what to assist those

Planning Tool

  • A business May want to what will happen to profit
  • Excel will automatically update the values that are dependents

Spreadsheet Program

  • That is ised a to the computer program

  • The same term is referring to the sheet on

           STARTING AND QUITING EXAMPLE
    
  • Click the star button on the taskbar of the screen

            EDITIN ON THE FORMAT
    
  • Edit formula

  • Position pointer

            ENTERING TEXT FOR NUMBERRS
    
  • You can type 255 chacters into the string

  • the test with the generator

  • text is automaticall aligned

Making Excel to Accept a number

Display Number

  • Display number is text, cell # signs, scientific rotation

Numbers Constand

  • 1234

Enter a Function

  • Such as 7 1/2 Date and Time

  • Excel recognizes date and time in the serial

  • It enables data in the time calculation

      Date
    

Auto Complete

  • Make it easier to send repeat text in a the column,

  • You can automatically Excel do not have to Them the send text, and

                      SHORT CUT KEY FOR CHANDING THE LAYOUT
                   Del- clear selected formula,
                      Backward Space- clear formula
                  Ctrl
                  Ctrl x to past select cell to copy
    

To earse The content of the cell

  • Reffrain and the Typing of the original component

Cell Control

  • All sell content and note and clear the generic

Edit DELETE and the Cell

  • It completely removes the selecting, it will

  • Ie the selected or and then it will

                TO Remove the cell and row or to column
    
    • Select Cell,

Topic: Chapter 1: Microsoft Excel and Spreadsheets

Getting Started with Excel

  • Microsoft Office, that includes Microsoft Word, Access, PowerPoint, Outlook, Publisher, and Excel, an applications suite.

Spreadsheets and Their Uses

  • Spreadsheets, also known as Electronic Spreadsheets, can function as a computer program.
  • Rows and columns are their basic organization.
  • Stores numbers and text at row & column intersections.
  • Performs basic arithmetic; from totals and percentages to complex automated calculations.
  • Used in research, industry and business.

Application of Spreadsheets

  • Accounting: Used to prepare budgets, analyze cash flows, manage inventory, and calculate interest. Financial institutions like KNUST, CSIR, SSNIT, and Bank of Ghana use it.
  • Scientific Environment: Use statistical computations such as averages, standard deviations, variance and R-Squared.
  • Use analysis of variance (ANOVA) to solve simultaneous equations, to build frequency distribution tables.
  • Graphical Representation: Used to represent data graphically in pie charts and histograms enabling hospitals to represent mortality/morbidity values.
  • Forex Bureaus: Spreadsheet use to calculate currency conversions.
  • Database Management: Businesses and individuals can use spreadsheets to maintain databases, sort data, and extract data from a given database.
  • Excel can provide answers to the question such as ‘what if’.
  • Can be used as planning tool
  • Spreadsheet Packages: AS-EASY-AS, SUPERCALC, LOTUS 1-2-3, SYMPHONY, QUATROPRO, FRAMEWORK IV, and EXCEL.
  • The term "spreadsheet" is used to refer to the computer program.
  • Terms "spreadsheet" and "worksheet" may refer to same sheet on which the work will be done.

Starting and Quitting Excel

  • Click the Start button on the taskbar. Then, scroll through and find Excel.
  • Another way to start Excel is by clicking a shortcut on the desktop.
  • To close, save your work and click the close button in the title bar.

Editing and Entering Values

  • Select a Cell and Edit formula in the formula bar:
  • Edit
  • Position
  • Then edit formula
  • Edit directly in a cell by performing the following:
  • Double Click.
  • Using arrow
  • Makes necessary Changes.

Entering Text and Numbers

  • Cells can contain up to 255 characters.
  • If the cell is not wide enough, not all of data displays.
  • In General text alignment to the left.
  • Numbers are constant values.
  • To make Excel accept a number as Text: Apostrophe E.g. ‘
  • Equal (“) quotation marks equal sign.
  • Note that it can not be do any air thematic operators.
  • Date 1/1/1900 as a serial

Date and Times

  • CTRL # for the data format
  • CTRL; to Current Date
  • CTRL : to enter the time
  • Date on a Excel sheet can be with any of the format: dd/mm/yy
  • Time may be enterpreted in the following format: h:mm::S

Using Autocomplet

  • To to make it easier to enter a repeating text item in a comment Excel include an automated complete
  • Just type items, in over you need to type it one Excel will complete the reset,

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