Financial =DB(cost, salvage, life, period, [month])

Quiz =DB — 15 Questions

15 quiz questions about =DB — test syntax, arguments, examples & errors!

Questions: 10 questions 15 questions Random 10 or 15 questions from the pool + shuffled options each time

← DB ▦ Practice in Playground

Progress — 15 questions 1 of 15

Question 1 of 15 1/15

Is argument “life” required in =DB?

Question 2 of 15 2/15

Which use case fits =DB?

Question 3 of 15 3/15

What is the type of argument “period” in =DB?

Question 4 of 15 4/15

Which is the correct syntax of =DB?

Question 5 of 15 5/15

Which statement about =DB is correct?

Question 6 of 15 6/15

What is the type of argument “cost” in =DB?

Question 7 of 15 7/15

Is argument “salvage” required in =DB?

Question 8 of 15 8/15

In =DB, which is argument #2?

Question 9 of 15 9/15

How many arguments does =DB have in total?

Question 10 of 15 10/15

Which function is related to =DB?

Question 11 of 15 11/15

Is argument “month” required in =DB?

Question 12 of 15 12/15

How many optional arguments does =DB have?

Question 13 of 15 13/15

What is the type of argument “life” in =DB?

Question 14 of 15 14/15

Which function is NOT related to =DB?

Question 15 of 15 15/15

In =DB, which is argument #1?

Click a question to see the answer.

1. Is argument “life” required in =DB?

A. Yes
B. Yes ✓
C. No
D. —

Explanation: “life” is required.

2. Which use case fits =DB?

A. Probability & Hypothesis Testing
B. Date & Time Calculations
C. Text Manipulation
D. Financial Calculations ✓

Explanation: Use case “Financial Calculations” fits DB.

3. What is the type of argument “period” in =DB?

A. Value
B. Mixed
C. Number ✓
D. Reference

Explanation: Type of “period” is “Number”.

4. Which is the correct syntax of =DB?

A. =DDB(cost, salvage, life, period, [month])
B. =DB(cost, salvage, life, period, [month], 0)
C. =DB(cost, salvage, life, period, [month]) ✓
D. DB(cost, salvage, life, period, [month])

Explanation: Correct syntax: =DB(cost, salvage, life, period, [month])

5. Which statement about =DB is correct?

A. For the last period, DB uses this formula: ((cost - total depreciation from prior periods) * rate * (12 - month)) / 12
B. The fixed-declining balance method computes depreciation at a fixed rate. DB uses the following formulas to calculate depreciation for a period: (cost - total depreciation from prior periods) * rate where: rate = 1 - ((salvage / cost) ^ (1 / life)), rounded to three decimal places ✓
C. Requires add-in
D. Text is always ignored

Explanation: Correct: The fixed-declining balance method computes depreciation at a fixed rate. DB uses the following formulas to calculate depreciation for a period: (cost - total depreciation from prior periods) * rate where: rate = 1 - ((salvage / cost) ^ (1 / life)), rounded to three decimal places

6. What is the type of argument “cost” in =DB?

A. Number ✓
B. Date
C. Reference
D. Logical

Explanation: Type of “cost” is “Number”.

7. Is argument “salvage” required in =DB?

A. No
B. —
C. Yes ✓
D. Yes

Explanation: “salvage” is required.

8. In =DB, which is argument #2?

A. period
B. lookup_value
C. criteria
D. salvage ✓

Explanation: Argument #2 is “salvage”.

9. How many arguments does =DB have in total?

A. 6
B. 5 ✓
C. 4
D. 7

Explanation: =DB has 4 required, 1 optional (5 total).

10. Which function is related to =DB?

A. CRITBINOM
B. SCAN
C. DDB ✓
D. BESSELI

Explanation: “DDB” is related to DB.

11. Is argument “month” required in =DB?

A. —
B. No ✓
C. No
D. Yes

Explanation: “month” is optional.

12. How many optional arguments does =DB have?

A. 0
B. 3
C. 2
D. 1 ✓

Explanation: =DB has 4 required, 1 optional (5 total).

13. What is the type of argument “life” in =DB?

A. Mixed
B. Number ✓
C. Array
D. Logical

Explanation: Type of “life” is “Number”.

14. Which function is NOT related to =DB?

A. DDB
B. SLN
C. COUPNUM ✓
D. SYD

Explanation: “COUPNUM” is not related to DB.

15. In =DB, which is argument #1?

A. value
B. cost ✓
C. lookup_value
D. range

Explanation: Argument #1 is “cost”.