Define formatting. Are formatting cells necessary? Support your response. If yes, why? If not, why not? Based on your major or personal life, provide a specific example where you would apply formatting in your workbook. For Example: In preparing my family budget, I would apply a font color to any expenses that are over budget.

Define Conditional Formatting. Provide a specific example of when you would apply conditional formatting. For instance, I would highlight cells that identify my top $10$ customers as an entrepreneur.