Financial =DISC(settlement, maturity, pr, redemption, [basis])

Quiz =DISC — 15 Questions

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

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

← DISC ▦ Practice in Playground

Progress — 15 questions 1 of 15

Question 1 of 15 1/15

What is the type of argument “maturity” in =DISC?

Question 2 of 15 2/15

Is argument “basis” required in =DISC?

Question 3 of 15 3/15

Which is the correct syntax of =DISC?

Question 4 of 15 4/15

Is argument “pr” required in =DISC?

Question 5 of 15 5/15

How many optional arguments does =DISC have?

Question 6 of 15 6/15

Which use case fits =DISC?

Question 7 of 15 7/15

What is the type of argument “pr” in =DISC?

Question 8 of 15 8/15

What usually causes #NUM! in =DISC?

Question 9 of 15 9/15

Is argument “redemption” required in =DISC?

Question 10 of 15 10/15

Which function is related to =DISC?

Question 11 of 15 11/15

What is the type of argument “redemption” in =DISC?

Question 12 of 15 12/15

In =DISC, which is argument #2?

Question 13 of 15 13/15

Is argument “maturity” required in =DISC?

Question 14 of 15 14/15

Which function is NOT related to =DISC?

Question 15 of 15 15/15

What is the type of argument “basis” in =DISC?

Click a question to see the answer.

1. What is the type of argument “maturity” in =DISC?

A. Value
B. Date ✓
C. Mixed
D. Text

Explanation: Type of “maturity” is “Date”.

2. Is argument “basis” required in =DISC?

A. No ✓
B. No
C. Yes
D. —

Explanation: “basis” is optional.

3. Which is the correct syntax of =DISC?

A. =INTRATE(settlement, maturity, pr, redemption, [basis])
B. =DISC(settlement, maturity, pr, redemption, [basis], 0)
C. =DISC(settlement, maturity, pr, redemption, [basis]) ✓
D. DISC(settlement, maturity, pr, redemption, [basis])

Explanation: Correct syntax: =DISC(settlement, maturity, pr, redemption, [basis])

4. Is argument “pr” required in =DISC?

A. No
B. Yes
C. —
D. Yes ✓

Explanation: “pr” is required.

5. How many optional arguments does =DISC have?

A. 0
B. 1 ✓
C. 3
D. 2

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

6. Which use case fits =DISC?

A. Reporting
B. Investment Appraisal
C. Conditional Aggregation
D. Financial Calculations ✓

Explanation: Use case “Financial Calculations” fits DISC.

7. What is the type of argument “pr” in =DISC?

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

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

8. What usually causes #NUM! in =DISC?

A. If pr ≤ 0 or if redemption ≤ 0, DISC returns the #NUM! error value. If basis < 0 or if basis > 4, DISC returns the #NUM! error value. If settlement ≥ maturity, DISC returns the #NUM! error value. ✓
B. Text is always ignored
C. Select entire column for best performance
D. Output is always a dynamic array

Explanation: If pr ≤ 0 or if redemption ≤ 0, DISC returns the #NUM! error value. If basis < 0 or if basis > 4, DISC returns the #NUM! error value. If settlement ≥ maturity, DISC returns the #NUM! error value. — Fix: Check the order of the dates and the input values

9. Is argument “redemption” required in =DISC?

A. Yes
B. Yes ✓
C. —
D. No

Explanation: “redemption” is required.

10. Which function is related to =DISC?

A. FIND
B. BIN2OCT
C. CLEAN
D. INTRATE ✓

Explanation: “INTRATE” is related to DISC.

11. What is the type of argument “redemption” in =DISC?

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

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

12. In =DISC, which is argument #2?

A. criteria
B. maturity ✓
C. value
D. basis

Explanation: Argument #2 is “maturity”.

13. Is argument “maturity” required in =DISC?

A. —
B. No
C. Yes ✓
D. Yes

Explanation: “maturity” is required.

14. Which function is NOT related to =DISC?

A. YIELDDISC
B. DBCS ✓
C. INTRATE
D. PRICEDISC

Explanation: “DBCS” is not related to DISC.

15. What is the type of argument “basis” in =DISC?

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

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