Question: 1. Which statement about financial functions is NOT accurate? A. When the value in a separate inputcell change, any formula that refers to that input

1. Which statement about financial functions is

1. Which statement about financial functions is NOT accurate? A. When the value in a separate inputcell change, any formula that refers to that input cell automatically updates. B. The Type argument shows when payments are due (beginning or end of a period). C. Use a financial function to determine howlong it will take to pay off a debt, such as a car loan. D. In financial functions, payments are considered negative values. 2. Identify the accurate statement regarding one-variable data tables. A. There can be only one input row, but there's nolimit to the number of columns. B. A total row is required at the bottom of the column. C. The formula argument must be a cell reference and not an actual value. D. The formula must be positioned in the upper-left cell of the table. 3. What is a good scenario for creating a two-variable data table? A. Using FV to decide when to invest so you can lock in at a higher interest rate B. Using SUM to calculate several columns of data at once C. Using PV to calculate the present value of a loan D. Using RATE function to determine the monthly interest rate 4. Where do you create the formula for a row input cell in a one-variable data table? A. The first cell at the left of the row B. The last cell at the right of the row C. The first cell above the first row of the table D. The last cell above the first row of the table 5. Why should you NOT use a formula as a changing cell? A. The formula would return the input value instead of the result. B. There aren't enough variables. C. The scenario will replace the formula with a constant value. D. The changing cell must be an absolute reference. 6. Which statement about the Scenario Manager is NOT true? A. The changing cells in the scenario are the input cells used in the formulas. B. The Scenario Manager shows the effects of several variables on multiple formulas simultaneously. c. You should include the formula cell as a changing cell since it is a constant value. D. You can create a scenario summary report to show results of scenarios side by side

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