Question 11 pts

Which of the following is the most appropriate definition of a ‘Model’? Model

is ..

Group of answer choices

A focused representation of real-world phenomenon without its associated

complexities.

An Exact representation of all the aspects of a real-world phenomenon, with all

its complexities

A beautiful man or a woman walking on a ramp wearing beautifully designed

dresses.

A miniature replica of real-world objects

A mathematical tool used business studies.

Flag question: Question 2

Question 21 pts
Financial models are ___________

Group of answer choices

All of the given options

None of the given options

Tools built using spreadsheet programs like MS Excel used to predict the future
financial performance of a company.

Is an excellent tool used to forecast future business performance of a company.

Representations of the financial profile of a company

Flag question: Question 3

Question 31 pts
The most important questions a financial modeller should ask, before
building a financial model, are

Group of answer choices

Spreadsheet program to be used – MS Excel, Lotus, Google sheets,

None of the given options

Model - Purpose, Requirement, User, How used, Resources available

All of the given options

Company’s – Annual revenue, Income, Assets, Liabilities and Shareholding

pattern.

Flag question: Question 4

Question 41 pts
Advantage of using the modular structure in building financial models are
Group of answer choices

Being structured and small in size are easily understood

Are easier to delegate work

All of the given options

None of the given options

Easy to scale up.

Flag question: Question 5

Question 51 pts
Financial Modelling Codes

Group of answer choices

Are legal documents used in settling disputes regarding the use of financial
models.

All of the given options

Should be independently developed and disseminated to the employees of the

company.

Are standards set by professional bodies to be adhered to while building

financial models.
Are codes to be used for testing and certifying financial modellers

Flag question: Question 6

Question 61 pts

Financial modelling codes stipulates that only spreadsheet programs can be used
to build financial models.

Group of answer choices

b) False

a) True

Flag question: Question 7

Question 71 pts
Which of the following methods should be used, to represent timelines in
Financial models.

Group of answer choices

Timelines should be avoided and not used in Financial models

There are no rules to represent timelines in Financial models

2020
 2021

2022

2023

2020

2021

2022

2023

2020 2021 2022 2023

Flag question: Question 8

Question 81 pts
Templates of documents _____________.

Group of answer choices

Prevent attack by virus

Makes building programs in Visual basic easier.

Help easily create multiple documents that have same looks, formatting
and structure.

Are built-In facilities available in Microsoft documents

Are needed to create macros

Flag question: Question 9

Question 91 pts
The short key to select all the cells in a worksheet, after selecting one cell in the
worksheet, is ……

Group of answer choices

Ctrl + d

Ctrl + s

Ctrl + a

Ctrl + c

Ctrl + b

Flag question: Question 10

Question 101 pts
Hyperlinks help __________

Group of answer choices

in debugging and testing of hyperlinked items of code.

In executing the code hyperlinked with the item.

in navigating quickly to the location of the cell or sheet or website

hyperlinked to the item.

group similar items in a worksheet.

use same calculation for all the hyperlinked items

WEEK 2 Quiz
Question 11 pts
The six basic information about financial models to be collected before
building a financial model are

Historical data, type of business, sources of funds, forecast horizon and Costs.
Purpose, Layout, Modules, Calculations, Reports required, and timelines.
Project name, Name of modeller, methodology, Spreadsheet program to be used
and dashboard requirements.
Purpose, Objective, User, User needs, Resources available and
methodology
Past P&L Statements, Balance Sheets, MOUs, Articles of association, Business
type and organizational structure

Question 2
It is a good practice to give unique colours to worksheets tabs in a
workbook. The right way to give an identifying colour to a worksheet tab is

Select the 2nd row from top of the worksheet and give it a unique colour
Select all the cells in the worksheet sheet and give a background colour to it.
Right click on the worksheet tab below select ‘Tab Colour’ from the pop up
window and choose the required colour for the worksheet from the colour
palette.

Right Click on Home tab in the menu bar.. select ‘Tab Color’ from the pop up
window and choose the required colour from the colour palette that appears.
Select the First row, i.e. the margin row and colour all the cells with the unique
color.

Flag question: Question 3

Question 31 pts
Hyperlinks to worksheet are …………………… on changing the name of
the worksheet.

Group of answer choices

Not affected and can be left alone.

Are auto reset by Excel.

May or may not be affected depending on the type of hyperlink

Affected depending on the version of excel used.

Affected and needs to be reset

Flag question: Question 4

Question 41 pts
The details of the content in Cover page sheet of a Financial models is as given
below

Cell B2 = Date of last update

Cell C2 = 10 Mar 2022

The formula to be entered in the Assumptions page Cell B2 to display “ Last
updated on 10 -03-2022 is "

Group of answer choices

= “Last updated on” & Text(Cover page!C2, “dd-mm-yyyy”)

=”Last updated on”& Cover page! C2

= C2

=Cover page! C2

=Cover page!”Last updated on “ & C2

Flag question: Question 5

Question 51 pts
Clicking on the worksheet names opens the respective worksheet because

Group of answer choices

The underlying formula links them to the respective worksheets.

There are hyperlinks in the respective worksheets that link them to the Table of
contents.

Of the built-in functions available in Excel.

They are hyperlinked to the respective worksheets

Codes are written which are executed when clicked

Flag question: Question 6

Question 61 pts
In the Financial model layout, Assumptions, Calculations and Result
___________________ .

Group of answer choices

Should be in different workbooks.

Can either be in the same worksheet or in different worksheets.

Should always be in the same worksheet.

Should always be in the different Worksheets.

There is no such rule regarding the layout of Assumptions, Calculations and

Results

Flag question: Question 7

Question 71 pts
A bubble diagram is prepared for building a financial model. Bubble diagrams

Group of answer choices

are visual representations of the dashboard to be included in the financial
model.

give the requirements of the financial model.

are visual representations of the relationship between the outcome and the
inputs.

are visual representations of the layout of the financial model.

give the timelines to be followed in the project.

Flag question: Question 8

Question 81 pts
All input the user has to enter is normally done in

Group of answer choices

Table of contents

Cover page
Calculations

Assumptions

Any worksheet

Flag question: Question 9

Question 91 pts
The checkbox to include or remove gridlines is in which of the following menu
bar tabs

Group of answer choices

Page layout

Review

Home

View

Insert

Flag question: Question 10

Question 101 pts
The colour code we have used to represent Assumptions, input and hardcoded
data is
Group of answer choices

Regular blue

Black and Bold

Regular Black

None of the given option

Regular Green

Quiz 3

Question 11 pts
Which of the following formulae displays the decimal value 0.083 in Cell E6 as
8.3% .
Group of answer choices

=Percentage(E6,0.0%)

=Text(E6,0.0%)

=Num(E6,0.0%)

=Number(E6,0,0%)

=Data(E6,0.0%)
 
Flag question: Question 2
Question 21 pts
In order to change the colour of text in a cell based on the value in another cell
we have to use Home -->Conditional Formatting -- > Highlight Cell Rules -->
More rules --> ...
Group of answer choices

--> format cell based on their values and set the value to change colour

-->Format all cells that contain values and set the colour change value

--> Format only values that are above or below average

--> Use custom formula to determine which cells to format

--> None of these, just right click on the required cell and set the background
colour
 
Flag question: Question 3
Question 31 pts
Scenario analysis is used to check
Group of answer choices

The ability of the financial model to give error free values in all scenarios.

The ability of financial model to withstand extreme values.

The sensitivity of the financial model to changes in input or driver
variables.

The ability of financial model to forecast accurately in a given scenario.

Whether the financial model covers all the business scenarios.

 
Flag question: Question 4
Question 41 pts
The dropdown used to enable the user to select a scenario is created using
Group of answer choices

Group

Data Validation

Insert

Format Cells

Conditional formatting
 
Flag question: Question 5
Question 51 pts
Which of the following methods is used to name a cell or a range of cells
Group of answer choices

Select the range --> Formulas --> Lookup & Reference

Select the range --> Formulas -->Define Name

Select the range -- > Right Click -- >Format cells --> Rename

Select the range-- >Data --> Rename

Select the range --> Insert --> New Name

 
Flag question: Question 6
Question 61 pts
Index function of excel returns the………. of the cell in a range that satisfies the
criteria given in the function
 
Group of answer choices

Value

Row and Column No.

None of these

Row No.

Column no.
 
Flag question: Question 7
Question 71 pts
Match function of excel returns the…………. of the cell in a single column
range that satisfies the criteria given in the function.
 
Group of answer choices

Column no.

Row and Column no.

Row no.

None of these

Value
 
Flag question: Question 8
Question 81 pts
Sensitivity analysis is changing________________ to check the sensitivity of
the model.
Group of answer choices

Only One input variable

All the input variables

One or a maximum of two input variables.

The interest rates

A few input variables

 
Flag question: Question 9
Question 91 pts
The Types of Data tables are Data tables with
____________________________
Group of answer choices

one variable and Data tables with one constant

one variable and Data tables with one calculation

one variable and Data tables with two variables

one variable and Data tables with one formula

one variable and Data tables with one assumption

 
Flag question: Question 10
Question 10
The method to include Data table in our model is,
’ Select the rows and Columns of the proposed Data table and then Click
________________
 
 
Group of answer choices

Formulas --> Calculations --> Data table

Insert --> Calculation --> Data Table

Home -->Calculation -->Data Table

Review -->Calculation -->Data Table

Data --> What-if-Analysis-->Data Table

 
Flag question: Question 11
Question 111 pts
Goal seek is used to find……..
Group of answer choices

The required set of outputs for a set of given inputs

The required set of outputs for a single input

The required output of a function for a given input

The required single output for a set of given inputs

The input for a required output.

 
Flag question: Question 12
Question 121 pts
Solver in excel is an _____________ to
Group of answer choices

Calculation

Formatting

Scenario analysis

Optimization

Sensitive analysis

Question 11 pts
Line, Pie and Column charts are most appropriate to display __________ ,
________ and _________ respectively.

Group of answer choices

Trends, Unrelated Data points, Ratios

Data Points, Ratios, Trends

Trends, Ratios, Unrelated data points

Ratios, Trends, Unrelated Data points.

Ratios, Unrelated Data points, Trends

Flag question: Question 2

Question 21 pts
In which of the following multi-series charts will the height of the column be
same for all categories

Group of answer choices

Clustered Bar Chart

100% stacked column Chart

Clustered column chart

None of the options

Stacked Column Chart

Flag question: Question 3

Question 31 pts
Below figure shows the values in an Excel sheet

Picture1 fm.jpg

Choose the right formula to be entered in the shaded cell B7 and dragged down
and to the left to get the correct values in the range B7 to C9

Group of answer choices

=SUMIF($B$1:$E$1,$B$6,$B2:$E2)

=SUMIF($B$1:$E$1,B$6,$B2:$E2)

=SUMIF($B$1:$E$1,$B$6,$B2:$E$2)

=SUMIF($B1:$E1,$B$6,$B2:$E2)

=SUMIF(B1: E1,B6, B2: E2)

Flag question: Question 4
Question 41 pts
In order to display the contents in an excel cell as the title of a graph which of
the following steps given in the options should be followed?

Group of answer choices

Click on charts --> Chart designs -->Add Chart Element -->Give the cell
reference

Click on the cell and link it to the chart Title

Click on Chart Format --> Title --> Text --> Given the cell reference

Click on the Title in the chart and enter the cell reference there

Click on the Chart Title and enter “=Cell reference” in the formula bar.

Flag question: Question 5

Question 51 pts
Which of the following chart types are best suited to display the incremental
impact of each period of time or unit.

Group of answer choices

Cluster Column chart

Bubble chart

Waterfall chart

Line Chart

Radar Chart

Flag question: Question 6

Question 61 pts
Bubble charts

Group of answer choices

Relative size of the bubble gives the user the chance to compare.

All of the three options describing the bubble charts are correct

Help in displaying data in three dimensions

None of the three options describing the bubble charts are correct.

Are enhancement to scatter diagram

Flag question: Question 7

Question 71 pts
Parent-Child kind of hierarchical data is best displayed using which of the
following chart types

Group of answer choices

Bar

Coloumn

Line

Treemap

Bubble

Flag question: Question 8

Question 81 pts
Which of the following chart types is not a single series chart type

Group of answer choices

Stacked column

Pie

Line
Column

Radar

Flag question: Question 9

Question 91 pts
Which of the following chart types is a multi-series chart type

Group of answer choices

None of the listed chart types

Stacked line

Clustered Bar

All of the listed chart types

Clustered column

Flag question: Question 10

Question 101 pts
Which of the following steps will display the data value of the columns in a
column chart.

Group of answer choices

Left click on the chart and click on Add Chart elements.

None of the listed options are correct

Right click on any of the column and click Add Data labels

Right click on the chart and click on Select Data

Left click on any of the column and select Data --> Data Label