A simple Microsoft Excel quiz! Have you recently completed Microsoft Excel training and want to put your knowledge to the test? The practice exam below is designed to assess your ability to efficiently utilize Excel. Give it a shot and be sure to read up on the bits you don’t understand.
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Microsoft Excel Definition
Excel is a spreadsheet-based software tool developed by Microsoft that employs formulae and functions to organize numbers and data. Excel analysis is used by businesses of all sizes all around the world to undertake financial analysis.
Uses Of Microsoft Excel
Excel is typically used to organize data and produce financial analysis. It is used for overall for business purposes and at companies from small to large.
The main uses of Excel include:
- Data entry
- Data management
- Financial analysis
- Charting and graphing
- Time management
- Task management
- Financial modeling
- Customer relationship management (CRM)
- Almost anything that needs to be organized!
Importance of Microsoft Excel in Our Daily Life
Solutions to Simple Arithmetic
The capacity to perform mass arithmetic calculations is maybe the most essential feature of MS Excel. It can add, subtract, multiply, and divide hundreds of integers with a large program full of formulae, and it can quickly re-do it if a value is modified or added. This tool can be used to quickly create yearly sales and other spreadsheets for a business.
Businesses can use a variety of formatting options, including as italics, highlighting, and colors, to make the most important data stand out from the rest. This tool can perform a variety of functions, like complete row highlighting and comparing lists and values, to mention a few. You can use them to draw attention to specific Accounting entries.
Online access is available
Excel is part of the Office 365 Productivity Suite, which means that business owners and employees may access their files over the cloud network without having to worry about file transfers. You can use the same program and access the same file remotely using a web-enabled PC, mobile device, or tablet, making it easy to make changes if you can’t reach your PC and need to transmit the spreadsheet right away!
You’ll need to make charts if you operate in a huge organization where the boss demands a detailed visual representation of the numerous business areas. It’s simple to accomplish with MS Excel! With a simple click, you can convert your data into a Pie Chart or Clustered Columns after filtering and correctly inputting it. Even better, the colors and limits of the charts and pie graphs can be customized!