Quiz 3 - Spreadsheet Modeling - Chapter 5

Quiz by Jamal Haider Naqvi

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- Q1
What would be the value of cell B3 if the formula is =AVERAGE(C3:D3/C2:D2)*B2?

2,615

3,233

4,500

4,615

60s - Q2
What would be the value of cell C1?

Error

“Deficit”

“Surplus”

“Balanced”

60s - Q3
What would be the value of cell B2?

200

175

190

250

60s - Q4
If the discretionary financing needed (DFN) is negative, that represents a

deficit

balanced

surplus

neither

30s - Q5
There are several methods of forecasting the financial statement, percent of sales method is the simplest one.

truefalseTrue or False30s