Quiz 3 - Spreadsheet Modeling - Chapter 5

Quiz by Jamal Haider Naqvi

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5 questions
• 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             of discretionary funding.

deficit

balanced

surplus

neither

30s
• Q5

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

true
false
True or False
30s

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