Excel Round

Instructions: Below there are a total of seven (7) questions related to Excel. It is expected
that you will need approximately 50 minutes to complete these Sample Test Questions, so time
yourself accordingly.



Question 1
(Excel) Assume that cell E4 in a spreadsheet has the following formula:


=BB$4+$C44


What formula will result from copying it into cell G8?

Question 2
(Excel) Review the accompanying worksheet image and then answer the questions below. The
first row and column in the table refer to Excel column and row labels, respectively.















At the county courthouse, speeders pay a fine for exceeding the posted speed limit.
(A) What formula should be entered in cell E5 to do the following:

If the driver was not speeding, show the text "No Fine".

Otherwise, if the driver was speeding at less than 20 MPH over the stated speed limit,
show a fine of $50 plus $5 for each MPH over the stated speed limit.

Otherwise, if the driver was speeding at less than 35 MPH over the stated speed limit,
show a fine of $250 plus $10 for each MPH over the stated speed limit.

Otherwise, show the text Youre going to jail!!

(Note: Your formula will need to work properly for all other drivers when copied down
though cell E9.)

(B) What is the formula to determine the name of the driver who was driving the fastest?



Question 3
(Excel) Review the accompanying worksheet image and then answer the questions below. The
first row and column in the table refer to Excel column and row labels, respectively.



Evaluate each of the lookup functions below to determine what value will result..
(A) =VLOOKUP(D15, $D$8:$F$20, 3, FALSE)
(B) =VLOOKUP(SUM(B4:G4), $E$12:$G$24, 3, TRUE)

(C) =VLOOKUP(MIN(B14:D18) + MAX(E3:G13), $C$10:$D$25, 2)
(D) =VLOOKUP(B21, $C$11:$G$22, 4, TRUE)
(E) =HLOOKUP(SMALL(G3:G10,4),B4:G10,4,FALSE)


(F) =HLOOKUP(SUMIF(B3:G3,>5),C11:F24,COUNTIF(B3:G3,>5),FALSE)





Question 4
(Excel) Review the accompanying worksheet image and then answer the questions below. The
first row and column in the table refer to Excel column and row labels, respectively.



Note: Assume that the payment amounts correspond to a residential mortgage loan of
$100,000 and that the applicant's FICO score is entered in cell A10.


(A) Provide a formula that uses a lookup function to determine the monthly payment
for a primary mortgage with a loan amount of $100,000. Remember that the applicants
FICO score is entered in cell A10.


(B) Provide a formula that uses a lookup function to determine the APR of the applicants
mortgage loan.



Question 5: Fill-in-the-Blanks
(Excel) Review the accompanying worksheet image and then answer the questions below. The
first row and column in the worksheet refer to Excel column and row labels, respectively.



Evaluate each of the lookup functions below to determine what value will result.
(A) =VLOOKUP(LARGE(B3:B13,2), $D$8:$F$20, 3, TRUE)
(B) =VLOOKUP(F16, $E$12:$G$24, 4, FALSE)

(C) =VLOOKUP(B21, $C$11:$G$22, COUNTIF(B20:B27,>85), TRUE)
(D) =VLOOKUP(B21, $C$11:$G$22, 4, FALSE)
(E) =HLOOKUP(SMALL(B3:B13,2), $C$4:$F$23, 8, FALSE)
(F) =HLOOKUP(F19, B17:E27, 5)





Question 6: Fill-in-the-Blank
(Excel) Review the accompanying worksheet image and then answer the question below. The
first row and column in the worksheet refer to Excel column and row labels, respectively.



DeepSix Legal Services has offices in Chicago, Louisville, and Nashville. In the worksheet above the
Employee List lists the employees, their office locations, and their job titles. In addition, the
Bonus Lookup Table shows that the annual bonus awarded to an employee is based on the
location and the job title of the employee. For example, each Manager in Chicago gets a bonus of
$10,000, each Staff employee in Louisville gets a bonus of $5,000, and each Clerical
employee in Nashville gets a bonus of $2,000.


(A) What VLOOKUP formula may be entered in cell E10 to determine the bonus for Allisa, the first
employee listed in the Employee List? (Note: Your formula will need to work properly for all
other employees when copied down though cell E24.)

(B) What HLOOKUP formula may be entered in cell E10 to determine the bonus for Allisa, the first
employee listed in the Employee List? (Note: Your formula will need to work properly for all
other employees when copied down though cell E24.)



Question 7
(Excel) Review the accompanying worksheet image and then answer the questions below.
The first row and column in the worksheet refer to Excel column and row labels,
respectively.



The worksheet above lists the annual salaries for a companys employees.


(A) What is the formula to determine the total number of employees who earn between
$50,000 and $70,000 in annual salary (inclusive)?


(B) What is the formula to determine the sum of the salaries of employees who have
first names that begin with the letter A?

(C) What is the formula to determine the average salary of employees who earn more than
the third (3
rd
) highest salary?