59. On a lark, for a year-end trivia contest, your boss wants you to calculate the length of service in complete days. What
is the correct formula?
a. =DATEDIF(C2, $AE$2, “today”) b. =DATEDIF($AE$2, C2, “dy”)
c. =DATEDIF($AE$2, C2, “day”) d. =DATEDIF(C2, $AE$2, “d”)
Case-Based Critical Thinking Questions
Case 8-3
You have been using a variety of nested IF functions to calculate costs in your spreadsheet when a colleague stops by and
comments on what you have been working on, suggesting that there is an easier approach to use.
60. Which of the following is an effective alternative for the use of extensive nested IF functions?
a. compare table b. function table
c. lookup table d. case table
61. You implement the VLOOKUP formula at your colleague’s suggestion, but you get the #VALUE! error as the result
of the formula. Which of the following is likely true?
a. You might have entered a table name for the table_array value instead of the cell reference of the lookup table.
b. You might have indicated that the compare values are a range of values instead of an exact match.
c. You might have entered a number for the col_index_num instead of a letter.
d. You might have entered a letter for the col_index_num instead of a number.
62. If you omit the range_lookup value from a LOOKUP function, which of the following is true?
a. The function returns the #NAME? error value.
b. Your function can only search the first column of the lookup table.
c. It is considered an approximate match.
d. It is considered an exact match.