EXCEL CRASH COURSE EXAM FROM WALL STREET PREP - WALL STREET PREP QUESTIONS AND ANSWERS UPDATED 2025 | ASSURED SUCCESS

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80 Terms

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All of the following are keyboard shortcut that allow the user input to add more sheets to a workbook EXCEPT:

Alt h i w

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What is a keyboard shortcut to open a file?

Ctrl o

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What is the recommended workbook calculation setting for Excel?

Automatic except for Data Tables

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To add a cell reference from a different worksheet into an existing formula with your keyboard, you should follow the following steps:

1. Hit F2 to get into the existing formula; delete any incorrect formulas or operators 2. Hit F2 again to enable "Enter" mode on the bottom-left corner of the Excel sheet 3. Holding down Ctrl, use PageUp or PageDown to find the desired worksheet 4. Let go of the Ctrl and PageUp/Down keys 5. Use the arrow keys to locate the desired cell reference 6. Hit Enter

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Alt h o i

exact column width

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Alt h o w

identical column widths

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Alt h o h

identical column height

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Control + Space

highlight column

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Shift + Space

highlight row

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Command + B

bold

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Command + I

italicize

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Alt e s / control command v

paste special

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What is the keyboard shortcut to move sheets within a workbook?

Alt H O M

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What is the keyboard shortcut to open the formatting cells dialog box?

Ctrl 1

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What are the keyboard shortcuts for auto-fitting a range of columns?

1) Select the columns by hitting Ctrl Spacebar. 2) Hold down the shift key and use left and right arrow keys to highlight the range of columns. 3) Hit Alt H O I to auto fit the columns.

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When you are in the Format Cells dialog (Ctrl 1):

What is the keyboard shortcut for moving across tabs (Number, Alignment, Font Border, Fill, Protection)?

How do you move counter clockwise across form elements?

How do you select a checkbox (put a checkbox next to it)

1) Ctrl Tab

2) Shift Tab

3) Spacebar

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alt w f f

freeze pane

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alt w s

split pane

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F6

jump between panes

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Alt H E A

delete everything about a cell

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Control Shift +

insert new row

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Control Shift !

number format; 2 decimals

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Control Shift $

currency format; 2 decimals

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Control Shift %

percentage format with no decimal points

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Control Shift _

remove all borders

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Alt H I S

new worksheet

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Alt e l

delete worksheet

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Alt h o r

rename worksheet

29
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To Group Columns

1. Ctrl Space to select desired columns

2. Shift Alt Right Arrow Key to create the group

3. Alt A H to hide the columns

4. Alt A J will unhide the columns

5. Shift Alt Left Arrow Key to remove group

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To Group Rows

1. Shift Space to select desired rows

2. Shift Alt Right Arrow Key to create the group

3. Alt A H to hide the rows

4. Alt A J will unhide the rows

5. Shift Alt Left Arrow Key to remove group

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Ctrl [ or Ctrl ]

formula audit

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F5

go to special

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Alt O D

conditional formatting

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If I want to add the title "Company Financials" in cell A1 ensure that all columns are the same width across all the worksheets in my workbook, how would I do that?

1. Group the wroksheets by hitting Ctrl Shift and use the PageUp/Down keys to select the worksheets. 2. In the active sheet type in "Company Financials" in A1 and apply the desired width to all columns 3. Remember to hit Ctrl Pageup or Pagedown to make sure that future edits only apply to active sheet.

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What is the keyboard sequence to

1) Group highlighted columns (but not to hide group)

2) Hide the group (will show a + sign above the column)

3) Show the group (will show a + sign above the column)

1. Shift Alt Right Arrow 2. Alt a h 3. Alt a j

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What is the keyboard shortcut to open the paste special dialog box?

Alt e s or Alt h v s

37
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Which of the following keys IS NOT a way to trace precedent cells?

Ctrl Alt [

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What is the keyboard shortcut to freeze panes within a worksheet?

Alt W F F

39
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Please select the answer that best describes the shortcut to

Split (not freeze) an excel sheet into just two panes (top and bottom)

To navigate from pane to pane

1. With the active cell on any row but in column A, hit Alt W S to split the panes to a top and bottom. 2. Hit F6 to jump from pane to pane (in some versions of Excel you will need to hit F6 several times to get from one pane to the other).

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You are in cell A1 and start a formula by typing = in a worksheet with split top and bottom panes. In order to jump to the bottom pane while working on the formula:

Hit F6

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&

concatenate words and data

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EOMONTH(start_date,months)

create monthly date headers by outputting the last day of a specified month

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EDATE(start_date,months)

returns the exact date, x months from the start date

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Identify a function in cell D6 that will return the fraction of the year elapsed assuming a 360 day count basis.

=YEARFRAC(D4,D5,2)

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Identify the formula that will always output a date that is the end-of-month date 3 months after the date inputted in D5.

=EOMONTH(D5,3)

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Identify the formula that, based in user inputs in cells B1 and B2, outputs the text "animal lover" for users who have at least 1 dog and at least one cat, and outputs "lonely person" when those conditions are not met.

=IF(AND(B1>0,B2>0),"animal lover","lonely person")

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=HLOOKUP(look up value, table range, row number)

searches for a value in the top row of a table or an array of values and then returns a value in the same column from a row you specify in the table or array

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=VLOOKUP(look up value, table range, column number)

searches for a value in the leftmost column of a table or an array of values and then returns a value in the same row from a column you specify in the table or array

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=MATCH(lookup_value, lookup_array, match_type)

returns the relative position of an item in an array that matches a specified lookup value

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HLOOKUP w/ MATCH

=HLOOKUP(look up value, table range, MATCH((lookup_value, lookup_array, match_type))

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VLOOKUP w/ MATCH

=VLOOKUP(look up value, table range, MATCH(lookup_value, lookup_array, match_type), 0)

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OFFSET w/ MATCH

=OFFSET(reference, MATCH(lookup_value, lookup_array, match_type) -1, MATCH(lookup_value, lookup_array, match_type) -1)

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INDEX w/ MATCH

=INDEX(array, MATCH(lookup_value, lookup_array, match_type), MATCH(lookup_value, lookup_array, match_type))

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CHOOSE w/ MATCH

=CHOOSE(MATCH(lookup_value, lookup_array, match_type), values)

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INDIRECT w/ MATCH

=INDIRECT("R"&MATCH(lookup_value, lookup_array, match_type)&"C"&MATCH(lookup_value, lookup_array, match_type),FALSE)

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Address Function

=ADDRESS(MATCH(lookup_value, lookup_array, match_type), column_num)

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True

true multiplied by an operator equals 1

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False

false multiplied by an operator equals 0

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ABS(number)

return absolute value

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CEILING(number, significance)

round input up to number of significance

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FLOOR(number, significance)

round input down to number of significance

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COUNT

counts the number of cells that contain numbers within the list of arguments

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COUNTA

counts the number of cells that contain numbers and text within the list of arguments

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COUNTIF

counts the number of items in the range that satisfy a specific criteria

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PV(rate, nper, pmt, fv, type)

returns the present value of a series of future payments

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NPV(rate, value1, value2, ...)

returns the net present value of an investment based on a discount rate and a series of future payments and income

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XNPV(rate, values, dates)

returns the net present value for a set of cash flows that don't necessarily occur at equal time intervals

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IRR(values, guess)

returns the IRR for a series of values; IRR is the rate corresponding to an NPV of 0

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XIRR(values, dates, guess)

returns the IRR for a series of values which may not be periodic

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=LEN

tells you the length of characters in cell

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=SEARCH(Find Text, Within Text, [Start Number])

Returns position of character or word within a block of text

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=FIND(find_text, within_text, start_num)

Search for text within text, case sensitive

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=SUBSTITUTE(Text, Old Text, New Text, [Instance Number])

substitutes a portion of a string with another string

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Flash Fill

CTRL E

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=VALUE

recognizes the value as a number

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=DATEVALUE

recognizes the value as a date

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ALT D S

data tab --> sort

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ALT A B

subtotal

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ALT A T

auto-filter; filter by a wider range of criteria

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ALT N V

creates a pivot table