The Arguments Supplied to the IF Function Are

question 16

Multiple Choice

The arguments supplied to the IF function are:

• A) the condition for execution, the result if condition is true, and the result if condition is false.
• B) the range of cells and the condition for execution.
• C) the array₁ of data cells, the array₂ of data cells, and the condition for execution.
• D) the condition for execution only.

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Definitions:

Acid-Test Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.

Working Capital

Current assets less current liabilities.

Current Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets.

Marketable Securities

Short-term investments that are easily convertible into cash, typically within one year.