Microsoft 77-888 Exam Practice Questions (P. 4)
- Full Access (61 questions)
- Six months of Premium Access
- Access to one million comments
- Seamless ChatGPT Integration
- Ability to download PDF files
- Anki Flashcard files for revision
- No Captcha & No AdSense
- Advanced Exam Configuration
Question #16
You work as an Office Assistant for Tech Tree Inc. You have created a report in a workbook in Microsoft Excel 2010. You have a number of PivotTables in a single report. You want to apply the same filter to all of those PivotTables. For this purpose, you are required to create a slicer in one PivotTable and share it with other
PivotTables. Which of the following steps will you take to accomplish the task?
Each correct answer represents a part of the solution. Choose all that apply.
PivotTables. Which of the following steps will you take to accomplish the task?
Each correct answer represents a part of the solution. Choose all that apply.
- AIn the Insert Slicers dialog box, select the check box of the PivotTable fields for which you want to create a slicer.
- BClick Insert Slicer in the Sort & Filter group on the Options tab.
- CHold down CTRL, and then click the items on which you want to filter.
- DSelect the Macro enabled checkbox of the PivotTable fields for which you want to create a slicer in the Insert Security dialog box and then click OK.
- EClick anywhere in the PivotTable report for which you want to create a slicer.
Correct Answer:
ABCE
ABCE
send
light_mode
delete
Question #17
Jack wants the rows containing the name Tom and product Jam. There are thousands of entries in the log. Plowing through all the records will be time taking.
Which option can be used to view only the relevant records?
Which option can be used to view only the relevant records?
- AAutofilter
- BFind
- CSort
- DAll filter
Correct Answer:
A
Autofilter is used to filter the record as per the condition by hiding the rest. Defining different filters, you can compare data in multiple ways, so you can glean vital information without wasting vital time.
Answer options B and D are incorrect. There are no such options defined in Excel to filter the records.
Answer options C is incorrect. The Sort function is used to arrange the records in ascending or descending order.
A
Autofilter is used to filter the record as per the condition by hiding the rest. Defining different filters, you can compare data in multiple ways, so you can glean vital information without wasting vital time.
Answer options B and D are incorrect. There are no such options defined in Excel to filter the records.
Answer options C is incorrect. The Sort function is used to arrange the records in ascending or descending order.
send
light_mode
delete
Question #18
Rick works as an Office Assistant for Tech Perfect Inc. The company has a Windows-based network. He is creating a form through Microsoft Excel 2010. He wants to enable worksheet forms to satisfy the flexible design requirements and to customize their appearance, behavior, fonts, and other characteristics. Which of the following will Rick use to accomplish the task?
- AForm control
- BAccounting template
- CTrust Center
- DActiveX control
Correct Answer:
D
ActiveX controls are used on worksheet forms, with or without the use of VBA code, and on VBA UserForms. They are used when a user needs more flexible design requirements than those provided by Form controls. They have extensive properties that can be used to customize their appearance, behavior, fonts, and other characteristics. The user can control different events that occur when an ActiveX control is interacted with. He can also write macros that respond to events associated with the ActiveX controls. When a user interacts with the control, the VBA code runs to process any events that occur for that control. The ActiveX controls cannot be added to chart sheets from the user interface or to XLM macro sheets. It is not possible to assign a macro to run directly from the ActiveX control.
Answer option A is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros.
He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages.
Answer option B is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months. Answer option C is incorrect.
Trust Center is where a user can find security and privacy settings for Microsoft Office 2010 programs.
D
ActiveX controls are used on worksheet forms, with or without the use of VBA code, and on VBA UserForms. They are used when a user needs more flexible design requirements than those provided by Form controls. They have extensive properties that can be used to customize their appearance, behavior, fonts, and other characteristics. The user can control different events that occur when an ActiveX control is interacted with. He can also write macros that respond to events associated with the ActiveX controls. When a user interacts with the control, the VBA code runs to process any events that occur for that control. The ActiveX controls cannot be added to chart sheets from the user interface or to XLM macro sheets. It is not possible to assign a macro to run directly from the ActiveX control.
Answer option A is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros.
He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages.
Answer option B is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months. Answer option C is incorrect.
Trust Center is where a user can find security and privacy settings for Microsoft Office 2010 programs.
send
light_mode
delete
Question #19
You work as a Finance Manager for Blue Well Inc. The company has a Windows-based network. You are using Excel spreadsheet for maintaining the financial budget and other financial calculations. You want to return the price per $100 face value of a security that pays interest at maturity. Which of the following financial functions will you use to accomplish the task?
- APRICE function
- BPPMT function
- CPRICEMAT function
- DPRICEDISC function
Correct Answer:
C
Various financial functions (reference) are as follows:
1. ACCRINT function: It is used to return the accrued interest for a security that pays periodic interest.
2. ACCRINTM function: It is used to return the accrued interest for a security that pays interest at maturity.
3. AMORDEGRC function: It is used to return the depreciation for each accounting period by using a depreciation coefficient.
4. COUPDAYBS function: It is used to return the number of days from the beginning of the coupon period to the settlement date.
5. AMORLINC function: It is used to return the depreciation for each accounting period.
6. COUPDAYS function: It is used to return the number of days in the coupon period containing the settlement date.
7. COUPDAYSNC function: It is used to return the number of days from the settlement date to the next coupon date.
8. COUPNCD function: It is used to return the next coupon date after the settlement date.
9. COUPNUM function: It is used to return the number of coupons payable between the settlement date and maturity date.
10. COUPPCD function: It is used to return the previous coupon date before the settlement date.
11. CUMIPMT function: It is used to return the cumulative interest paid between two periods.
12. CUMPRINC function: It is used to return the cumulative principal paid on a loan between two periods.
13. DB function: It is used to return the depreciation of an asset for a specified period by using the fixed-declining balance method.
14. DDB function: It is used to return the depreciation of an asset for a particular period by using the double-declining balance method.
15. DISC function: It is used to return the discount rate for a security.
16. DOLLARDE function: It is used to convert a dollar price that is expressed as a fraction into a dollar price that is expressed as a decimal number.
17. DOLLARFR function: It is used to convert a dollar price that is expressed as a decimal number into a dollar price that is expressed as a fraction.
18. DURATION function: It is used to return the annual duration of a security with periodic interest payments.
19. EFFECT function: It is used to return the effective annual interest rate.
20. FV function: It is used to return the future value of an investment.
21. FVSCHEDULE function: It is used to return the future value of a starting principal after applying a series of compound interest rates.
22. INTRATE function: It is used to return the interest rate for a fully invested security.
23. IPMT function: It is used to return the interest payment for an investment for a specified period.
24. IRR function: It is used to return the internal rate of return for a series of cash flows.
25. ISPMT function: It is used to calculate the interest paid during a particular period of an investment.
26. MDURATION function: It is used to return the Macauley modified duration for a security with an assumed par value of $100.
27. MIRR function: It is used to return the internal rate of return in which positive and negative cash flows are financed at different rates.
28. NOMINAL function: It is used to return the annual nominal interest rate.
29. NPER function: It is used to return the number of periods for an investment.
30. NPV function: It is used to return the net present value of an investment on the basis of a series of periodic cash flows and a discount rate.
31. ODDFPRICE function: It is used to return the price per $100 face value of a security with an odd first period.
32. ODDFYIELD function: It is used to return the yield of a security with an odd first period.
33. ODDLPRICE function: It is used to return the price per $100 face value of a security with an odd last period.
34. ODDLYIELD function: It is used to return the yield of a security with an odd last period.
35. PMT function: It is used to return the periodic payment for an annuity.
36. PPMT function: It is used to return the payment on the principal for an investment for a particular defined period.
37. PRICE function: It is used to return the price per $100 face value of a security that pays periodic interest.
38. PRICEDISC function: It is used to return the price per $100 face value of a discounted security.
39. PRICEMAT function: It is used to return the price per $100 face value of a security that pays interest at maturity.
40. PV function: It is used to return the current value of an investment.
41. RATE function: It is use d to return the interest rate per period of an annuity.
42. RECEIVED function: It is used to return the amount received at maturity for a fully invested security.
43. SLN function: It is used to return the straight-line depreciation of an asset for one period.
44. SYD function: It is used to return the sum-of-years' digits depreciation of an asset for a particular period.
45. TBILLEQ function: It is used to return the bond-equivalent yield for a Treasury bill.
46. TBILLPRICE function: It is used to return the price per $100 face value for a Treasury bill.
47. TBILLYIELD function: It is used to return the yield for a Treasury bill.
48. VDB function: It is used to return the depreciation of an asset for a specified or partial period by using a declining balance method.
49. XIRR function: It is used to return the internal rate of return for a schedule of cash flows that is not necessarily periodic.
50. XNPV function: It is used to return the net present value for a schedule of cash flows that is not necessarily periodic.
51. YIELD function: It is used to return the yield on a security that pays periodic interest.
52. YIELDDISC function: It is used to return the annual yield for a discounted security.
53. YIELDMAT function: It is used to return the annual yield of a security that pays interest at maturity.
C
Various financial functions (reference) are as follows:
1. ACCRINT function: It is used to return the accrued interest for a security that pays periodic interest.
2. ACCRINTM function: It is used to return the accrued interest for a security that pays interest at maturity.
3. AMORDEGRC function: It is used to return the depreciation for each accounting period by using a depreciation coefficient.
4. COUPDAYBS function: It is used to return the number of days from the beginning of the coupon period to the settlement date.
5. AMORLINC function: It is used to return the depreciation for each accounting period.
6. COUPDAYS function: It is used to return the number of days in the coupon period containing the settlement date.
7. COUPDAYSNC function: It is used to return the number of days from the settlement date to the next coupon date.
8. COUPNCD function: It is used to return the next coupon date after the settlement date.
9. COUPNUM function: It is used to return the number of coupons payable between the settlement date and maturity date.
10. COUPPCD function: It is used to return the previous coupon date before the settlement date.
11. CUMIPMT function: It is used to return the cumulative interest paid between two periods.
12. CUMPRINC function: It is used to return the cumulative principal paid on a loan between two periods.
13. DB function: It is used to return the depreciation of an asset for a specified period by using the fixed-declining balance method.
14. DDB function: It is used to return the depreciation of an asset for a particular period by using the double-declining balance method.
15. DISC function: It is used to return the discount rate for a security.
16. DOLLARDE function: It is used to convert a dollar price that is expressed as a fraction into a dollar price that is expressed as a decimal number.
17. DOLLARFR function: It is used to convert a dollar price that is expressed as a decimal number into a dollar price that is expressed as a fraction.
18. DURATION function: It is used to return the annual duration of a security with periodic interest payments.
19. EFFECT function: It is used to return the effective annual interest rate.
20. FV function: It is used to return the future value of an investment.
21. FVSCHEDULE function: It is used to return the future value of a starting principal after applying a series of compound interest rates.
22. INTRATE function: It is used to return the interest rate for a fully invested security.
23. IPMT function: It is used to return the interest payment for an investment for a specified period.
24. IRR function: It is used to return the internal rate of return for a series of cash flows.
25. ISPMT function: It is used to calculate the interest paid during a particular period of an investment.
26. MDURATION function: It is used to return the Macauley modified duration for a security with an assumed par value of $100.
27. MIRR function: It is used to return the internal rate of return in which positive and negative cash flows are financed at different rates.
28. NOMINAL function: It is used to return the annual nominal interest rate.
29. NPER function: It is used to return the number of periods for an investment.
30. NPV function: It is used to return the net present value of an investment on the basis of a series of periodic cash flows and a discount rate.
31. ODDFPRICE function: It is used to return the price per $100 face value of a security with an odd first period.
32. ODDFYIELD function: It is used to return the yield of a security with an odd first period.
33. ODDLPRICE function: It is used to return the price per $100 face value of a security with an odd last period.
34. ODDLYIELD function: It is used to return the yield of a security with an odd last period.
35. PMT function: It is used to return the periodic payment for an annuity.
36. PPMT function: It is used to return the payment on the principal for an investment for a particular defined period.
37. PRICE function: It is used to return the price per $100 face value of a security that pays periodic interest.
38. PRICEDISC function: It is used to return the price per $100 face value of a discounted security.
39. PRICEMAT function: It is used to return the price per $100 face value of a security that pays interest at maturity.
40. PV function: It is used to return the current value of an investment.
41. RATE function: It is use d to return the interest rate per period of an annuity.
42. RECEIVED function: It is used to return the amount received at maturity for a fully invested security.
43. SLN function: It is used to return the straight-line depreciation of an asset for one period.
44. SYD function: It is used to return the sum-of-years' digits depreciation of an asset for a particular period.
45. TBILLEQ function: It is used to return the bond-equivalent yield for a Treasury bill.
46. TBILLPRICE function: It is used to return the price per $100 face value for a Treasury bill.
47. TBILLYIELD function: It is used to return the yield for a Treasury bill.
48. VDB function: It is used to return the depreciation of an asset for a specified or partial period by using a declining balance method.
49. XIRR function: It is used to return the internal rate of return for a schedule of cash flows that is not necessarily periodic.
50. XNPV function: It is used to return the net present value for a schedule of cash flows that is not necessarily periodic.
51. YIELD function: It is used to return the yield on a security that pays periodic interest.
52. YIELDDISC function: It is used to return the annual yield for a discounted security.
53. YIELDMAT function: It is used to return the annual yield of a security that pays interest at maturity.
send
light_mode
delete
Question #20
Rick works as an Office Assistant for Tech Perfect Inc. He is creating a report through Microsoft Excel 2010. Rick wants to interact with cell data but his computer does not contain VBA code and few features of his computer are still Excel 5. 0 features. Which of the following will Rick use to accomplish the task?
- AAccounting template
- BTrust Center
- CForm control
- DEvaluate Formula
Correct Answer:
C
A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages. Answer option A is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months.
Answer option D is incorrect. Evaluate Formula is the formula examination tool provided by Microsoft Excel. This tool is useful for examining formulas that do not produce any error but are not generating the expected result.Answer option B is incorrect. Trust Center is where a user can find security and privacy settings for
Microsoft Office 2010 programs.
C
A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms, used to control events, or modified to run Web scripts on Web pages. Answer option A is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point for other reports that need the use of months.
Answer option D is incorrect. Evaluate Formula is the formula examination tool provided by Microsoft Excel. This tool is useful for examining formulas that do not produce any error but are not generating the expected result.Answer option B is incorrect. Trust Center is where a user can find security and privacy settings for
Microsoft Office 2010 programs.
send
light_mode
delete
All Pages