What is a pivot table? When do you use it?

Pivot table is a feature of Excel that is used for sorting, summarizing and filtering the data. It can be used when dealing with a vast quantity of data.

What is the LOOKUP function in Excel?

The LOOKUP function in Excel is used for finding exact or partial matches in the processed data. It has VLOOKUP for vertical searches and HLOOKUP for horizontal searches.

Do you prefer to use Microsoft Excel with a mouse or a keyboard?

While it is important to use a combination of the two methods, I prefer mostly keyboard shortcuts and keys. So that I do not have to reach for my mouse and lose time

How can you protect your Excel file?

Excel worksheets can be protected with a password from the toolbar above in the Review section.

What are the data formats used in Microsoft Excel?

Excel has a number of data formats; but, my most used ones are numbers, dates, percentages and currencies.

What is a spreadsheet?

Spreadsheet is the essence of programs such as Microsoft Excel. It is a digital ledger sheet.

What does Excel consist of?

Microsoft Excel’s main elements consist of columns and rows. Also, the small boxes which you put your data in are called cells.

What is the SUM function?

The SUM function helps to add up the data for each of the rows and columns you choose. It saves a lot of time regardless of the size of the data you are dealing with.

What is the IF function?

The IF function gives possible results while checking certain conditions. If the conditions are true or false, then the if statements show results according to those conditions.

Can you customize the Quick Access Toolbar?

Excel’s Quick Access Toolbar helps save time and does not waste your attention on finding the useful shortcuts. However, if you want to change these shortcuts to suit your own use, you can.

How can you wrap a text?

You can wrap the text by selecting the whole text or only selecting the cell and click the ‘Wrap Text’ button located in the Home tab. You can adjust the size of the cell by moving its vertical and horizontal lines.

What are the report formats in Excel?

There are three report formats: Compact, outline and tabular form.

What is the order in the sequence of mathematical functions?

The order of mathematical functions are Brackets, Exponents, Division, Multiplication, Addition and Subtraction.

What is conditional formatting?

Conditional formatting helps you to format any cell you want based on their data value. For example, you want all the cells which include a value of 5 to be highlighted and made italic. By using conditional formatting, Excel will do this task for you in seconds.

What is a formula and what is a function?

A function is a built-in tool in Excel which has more than 400 functions. On the other hand, a formula is the creation of the user which instructs the program to do the tasks. A formula has a lot of functions in it, but a function does not have to include a formula in order to operate.

What Do Financial Analysts Use Excel For?

Making Basic Spreadsheets Custom Formatting Storing and Navigating Data Financial Modelling

Business Related Articles - Someka Excel Solutions

Business and Excel Related Articles

Is there anything Excel can’t do? There are many reasons Excel is one of the “absolute must” for any business process. That’s why you can always use it to do almost anything related data, tracking, automating and more.

Explore this category for extensive use of Excel in your business. Save a lot of time for your project with the recommended tools!

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