Mastering Excel Formulas
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Questions and Answers

What is the main benefit of using advanced Excel formulas?

  • They transform lengthy manual tasks into quick automated tasks (correct)
  • They make Excel look more professional
  • They allow you to impress your boss
  • They make Excel more difficult to use

What does the INDEX function in Excel do?

  • It returns the value of a cell based on the column and row number (correct)
  • It returns the position of a cell in a row or column
  • It combines two separate functions into one
  • It allows you to search for a specific value

What does the MATCH function in Excel do?

  • It returns the position of a cell in a row or column (correct)
  • It combines two separate functions into one
  • It allows you to search for a specific value
  • It returns the value of a cell based on the column and row number

What is the INDEX MATCH formula in Excel?

<p>It's a function that combines the INDEX and MATCH functions (B)</p> Signup and view all the answers

Why would you use the INDEX MATCH formula instead of the VLOOKUP or HLOOKUP formula in Excel?

<p>Because it has fewer drawbacks for performing lookup tasks (B)</p> Signup and view all the answers
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