Microsoft 77-888 Online Practice Questions and Exam Preparation

Microsoft 77-888 Online Questions & Answers

• Question 31:

  You work as an Office Assistant for Tech Perfect Inc. Your responsibility includes preparing sales reports of the company. You have created a sales report in a workbook of Excel 2010. Your workbook includes several worksheets as shown in

  the image given below:

  You want the sheet tabs of the sheets containing charts to appear in red color. Which of the following steps will you take to accomplish the task?

  A. Select the sheets containing charts. Select the Colors option in the Themes group on the Page Layout page.
  B. Select the sheets containing charts. Right-click on the sheet tabs. Choose the Tab Color option from the shortcut menu.
  C. Select the sheets containing charts. Right-click on the sheet tabs. Choose the Sheet Color option from the shortcut menu.
  D. Select the sheets containing charts. Select the Effects option in the Themes group on the Page Layout page.
  B. Select the sheets containing charts. Right-click on the sheet tabs. Choose the Tab Color option from the shortcut menu.

  ---

  According to the question, you want the sheet tabs of the sheets containing chart to appear in red color. In order to accomplish the task, you will have to take the following steps:

• Question 32:

  Jack wants the rows containing the name Tom and product Jam. There are thousands of entries in the log. Plowing through all the records will be time taking. Which option can be used to view only the relevant records?

  A. Autofilter
  B. Find
  C. Sort
  D. All filter
  A. Autofilter

  ---

  Autofilter is used to filter the record as per the condition by hiding the rest. Defining different filters, you can compare data in multiple ways, so you can glean vital information without wasting vital time. Answer options B and D are incorrect. There are no such options defined in Excel to filter the records. Answer options C is incorrect. The Sort function is used to arrange the records in ascending or descending order.

• Question 33:

  You work as an Office Manager for Blue Well Inc. The company has a Windows-based network. You have two budget situations in which one is the worst case and the other is the best case. You want to create both situations on the same worksheet and then switch between them with the change in requirements. Which of the following will you use to accomplish the task?

  A. Goal Seek
  B. Data table
  C. Scenario
  D. Solver add-in
  C. Scenario

  ---

  A scenario is defined as a type of what-if analysis tools. It is a set of values saved by Excel and can be substituted automatically in cells on a worksheet. A user can create and save different groups of values on a worksheet and then switch to any of these new scenarios to view different results. Scenario reports are not automatically recalculated. If the user changes the values of a scenario, those changes will not be displayed in an existing summary report and he must create a new summary report to show the reflection of the changed report. Answer option A is incorrect. Goal Seek is defined as a type of what-if analysis tools. It is used if a user knows the result that he wants from a formula, but he is not sure what input value the formula needs to get that result. It works with only one variable input value.

  Answer option D is incorrect. The Solver add-in is used if a user knows the result that he wants from a formula, but he is not sure what input value the formula needs to get that result. It is used for more than one input value. It works with a group of cells related to the formula in the objective cell. Answer option B is incorrect. A data table is used to see all the outcomes in one place. It is defined as a type of what-if analysis tools. It is used if a user has a formula that uses one or two variables or multiple formulas that all use one common variable. It is used to examine a range of possibilities at a glance and since the user focuses on only one or two variables, results are easy to read and share in tabular form. If automatic recalculation is enabled, it is possible to recalculate the data in data tables immediately and as a result, the user always gets fresh data.

• Question 34:

  Which of the following can be defined as easy-to-use filtering components containing a set of buttons that enable users to quickly filter data in a PivotTable report, without opening drop-down lists to find the items to filter?

  A. Accounting templates
  B. ActiveX controls
  C. Form controls
  D. Slicers
  D. Slicers

  ---

  Slicers are defined as easy-to-use filtering components containing a set of buttons that enable users to quickly filter data in a PivotTable report, without opening drop-down lists to find the items to filter. When a user uses a regular PivotTable

  report filter to filter on multiple items, the filter indicates only that multiple items are filtered and the user has to open a drop-down list to find the filtering details. However, a slicer clearly labels the filter that is applied and provides details so that

  the data displayed in the filtered PivotTable report can be easily understood.

  Answer option B is incorrect. ActiveX controls are used on worksheet forms, with or without the use of VBA code, and on VBA UserForms.

  They are used when a user needs more flexible design requirements than those provided by Form controls. They have extensive properties that can be used to customize their appearance, behavior, fonts, and other characteristics. The user

  can control different events that occur when an ActiveX control is interacted with. He can also write macros that respond to events associated with the ActiveX controls. When a user interacts with the control, the VBA code runs to process any

  events that occur for that control. The ActiveX controls cannot be added to chart sheets from the user interface or to XLM macro sheets. It is not possible to assign a macro to run directly from the ActiveX control. Answer option C is incorrect.

  A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact with cell data without using

  VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach an existing macro to a control, or write or record a new macro. These controls cannot be added to UserForms,

  used to control events, or modified to run Web scripts on Web pages.

  Answer option A is incorrect. The accounting template is used for numbering months of a financial year to period numbering. It is used to compare month to month, actual v budget, quarter to quarter, year to year variances. It is the initial point

  for other reports that need the use of months.

• Question 35:

  You work as an Office Assistant for Media Perfect Inc. You have created a spreadsheet in Excel 2010 and shared it with the other employees of the company. You want to protect the worksheet and locked cells by permitting or prohibiting other employees to select, format, insert, delete, sort, or edit areas of the spreadsheet. Which of the following options will you use to accomplish the task?

  A. Mark as Final
  B. Encrypt with Password
  C. Protect Current Sheet
  D. Protect Workbook Structure
  C. Protect Current Sheet

  ---

  The various Protect Workbook options are as follows:

  1.

  Mark as Final: This option is used to make the document read-only. When a spreadsheet is marked as final, various options such as typing, editing commands, and proofing marks are disabled or turned off and the spreadsheet becomes read-only. This command helps a user to communicate that he is sharing a completed version of a spreadsheet. This command also prevents reviewers or readers from making inadvertent modifications to the spreadsheet.

  2.

  Encrypt with Password: When a user selects the Encrypt with Password option, the Encrypt Document dialog box appears. In the Password box, it is required to specify a password. Microsoft is not able to retrieve lost or forgotten passwords, so it is necessary for a user to keep a list of passwords and corresponding file names in a safe place.

  3.

  Protect Current Sheet: This option is used to select password protection and permit or prohibit other users to select, format, insert, delete, sort, or edit areas of the spreadsheet. This option protects the worksheet and locked cells.

  4.

  Protect Workbook Structure: This option is used to select password protection and select options to prevent users from changing, moving, and deleting important data. This feature enables a user to protect the structure of the worksheet.

  5.

  Restrict Permission by People: This option works on the basis of Window Rights Management to restrict permissions. A user is required to use a Windows Live ID or a Microsoft Windows account to restrict permissions. These permissions can be applied via a template that is used by the organization in which the user is working. These permissions can also be added by clicking Restrict Access.

  6.

  Add a Digital Signature: This option is used to add a visible or invisible digital signature. It authenticates digital information such as documents, e-mail messages, and macros by using computer cryptography. These signatures are created

  by specifying a signature or by using an image of a signature for establishing authenticity, integrity, and non-repudiation.

  

• Question 36:

  You work as a Project Manager for Blue Well Inc. The company has a Windows-based network.

  You want to rename a worksheet as Important.

  Which of the following steps will you take to accomplish the task? Each correct answer represents a part of the solution. Choose all that apply.

  A. Click the Insert tab and open the name sheet.
  B. Enter the name and click the OK button.
  C. Right-click on the Sheet tab and select the Rename option.
  D. Delete the old name, type the new name, and then click OK.
  B. Enter the name and click the OK button.
  C. Right-click on the Sheet tab and select the Rename option.

• Question 37:

  You work as a Finance Manager for Blue Well Inc. The company has a Windows-based network. You are using Excel spreadsheet for maintaining financial budget and other financial calculations. You want to return the depreciation of an asset for a specified period by using the fixed-declining balance method and to return the future value of a starting principal after applying a series of compound interest rates. Which of the following financial functions will you use to accomplish the task? Each correct answer represents a complete solution. Choose all that apply.

  A. DB function
  B. NPV function
  C. DDB function
  D. FVSCHEDULE function
  A. DB function
  D. FVSCHEDULE function

  ---

  Various financial functions (reference) are as follows:

  1.

  ACCRINT function: It is used to return the accrued interest for a security that pays periodic interest.

  2.

  ACCRINTM function: It is used to return the accrued interest for a security that pays interest at maturity.

  3.

  AMORDEGRC function: It is used to return the depreciation for each accounting period by using a depreciation coefficient.

  4.

  COUPDAYBS function: It is used to return the number of days from the beginning of the coupon period to the settlement date.

  5.

  AMORLINC function: It is used to return the depreciation for each accounting period.

  6.

  COUPDAYS function: It is used to return the number of days in the coupon period containing the settlement date.

  7.

  COUPDAYSNC function: It is used to return the number of days from the settlement date to the next coupon date.

  8.

  COUPNCD function: It is used to return the next coupon date after the settlement date.

  9.

  COUPNUM function: It is used to return the number of coupons payable between the settlement date and maturity date.

  10.

  COUPPCD function: It is used to return the previous coupon date before the settlement date.

  11.

  CUMIPMT function: It is used to return the cumulative interest paid between two periods.

  12.

  CUMPRINC function: It is used to return the cumulative principal paid on a loan between two periods.

  13.

  DB function: It is used to return the depreciation of an asset for a specified period by using the fixed- declining balance method.

  14.

  DDB function: It is used to return the depreciation of an asset for a particular period by using the double-declining balance method.

  15.

  DISC function: It is used to return the discount rate for a security.

  16.

  DOLLARDE function: It is used to convert a dollar price that is expressed as a fraction into a dollar price that is expressed as a decimal number.

  17.

  DOLLARFR function: It is used to convert a dollar price that is expressed as a decimal number into a dollar price that is expressed as a fraction.

  18.

  DURATION function: It is used to return the annual duration of a security with periodic interest payments.

  19.

  EFFECT function: It is used to return the effective annual interest rate.

  20.

  FV function: It is used to return the future value of an investment.

  21.

  FVSCHEDULE function: It is used to return the future value of a starting principal after applying a series of compound interest rates.

  22.

  INTRATE function: It is used to return the interest rate for a fully invested security.

  23.

  IPMT function: It is used to return the interest payment for an investment for a specified period.

  24.

  IRR function: It is used to return the internal rate of return for a series of cash flows.

  25.

  ISPMT function: It is used to calculate the interest paid during a particular period of an investment.

  26.

  MDURATION function: It is used to return the Macauley modified duration for a security with an assumed par value of $100.

  27.

  MIRR function: It is used to return the internal rate of return in which positive and negative cash flows are financed at different rates.

  28.

  NOMINAL function: It is used to return the annual nominal interest rate.

  29.

  NPER function: It is used to return the number of periods for an investment.

  30.

  NPV function: It is used to return the net present value of an investment on the basis of a series of periodic cash flows and a discount rate.

  31.

  ODDFPRICE function: It is used to return the price per $100 face value of a security with an odd first period.

  32.

  ODDFYIELD function: It is used to return the yield of a security with an odd first period.

  33.

  ODDLPRICE function: It is used to return the price per $100 face value of a security with an odd last period.

  34.

  ODDLYIELD function: It is used to return the yield of a security with an odd last period.

  35.

  PMT function: It is used to return the periodic payment for an annuity.

  36.

  PPMT function: It is used to return the payment on the principal for an investment for a particular defined period.

  37.

  PRICE function: It is used to return the price per $100 face value of a security that pays Periodic interest.

  38.

  PRICEDISC function: It is used to return the price per $100 face value of a discounted security.

  39.

  PRICEMAT function: It is used to return the price per $100 face value of a security that pays interest at maturity.

  40.

  PV function: It is used to return the current value of an investment.

  41.

  RATE function: It is use d to return the interest rate per period of an annuity.

  42.

  RECEIVED function: It is used to return the amount received at maturity for a fully invested security.

  43.

  SLN function: It is used to return the straight-line depreciation of an asset for one period.

  44.

  SYD function: It is used to return the sum-of-years' digits depreciation of an asset for a particular period.

  45.

  TBILLEQ function: It is used to return the bond-equivalent yield for a Treasury bill.

  46.

  TBILLPRICE function: It is used to return the price per $100 face value for a Treasury bill.

  47.

  TBILLYIELD function: It is used to return the yield for a Treasury bill.

  48.

  VDB function: It is used to return the depreciation of an asset for a specified or partial period by using a declining balance method.

  49.

  XIRR function: It is used to return the internal rate of return for a schedule of cash flows that is not necessarily periodic.

  50.

  XNPV function: It is used to return the net present value for a schedule of cash flows that is not necessarily periodic.

  51.

  YIELD function: It is used to return the yield on a security that pays periodic interest.

  52.

  YIELDDISC function: It is used to return the annual yield for a discounted security.

  53.

  YIELDMAT function: It is used to return the annual yield of a security that pays interest at maturity.

• Question 38:

  You work as an Office Assistant for Tech Tree Inc. You have created a report in a workbook in Microsoft Excel 2010. You want to export XMLdata to your Excel 2010 worksheet. On exporting the XML data, the following error message

  appears:

  "XML MAPS IN MY WORKBOOK ARE NOT EXPORTABLE"

  Which of the following are the reasons that are causing the above error? Each correct answer represents a complete solution. Choose all that apply.

  A. The maxoccurs attribute is not equal to 1.
  B. The relationship of the mapped element with other elements is not preserved.
  C. The element is a recursive structure.
  D. The XML map associated with this XML table contains one or more required elements that are not mapped to the XML table.
  A. The maxoccurs attribute is not equal to 1.
  B. The relationship of the mapped element with other elements is not preserved.

  ---

  The various issues with exporting XML data are as follows:

  1.

  MAP CAN BE EXPORTED BUT SOME REQUIRED ELEMENTS ARE NOT MAPPED:

  This error occurs under the following situations:

  The XML map associated with this XML table contains one or more required elements that are not mapped to the XML table. The element is a recursive structure.

  The XML table contains a variety of mixed content.

  2.

  EXCEL CANNOT SAVE THE WORKBOOK BECAUSE IT DOES NOT CONTAIN ANY XML MAPPINGS: Excel cannot save the user's workbook in the XML Data file unless one or more mapped ranges are created.

  3.

  XML MAPS IN MY WORKBOOK ARE NOT EXPORTABLE: An XML mapping cannot be exported if the relationship of the mapped element with other elements is not preserved due to the following reasons:

  The mapped element's schema definition is contained within a sequence with the following attributes:

  The maxoccurs attribute is not equal to 1.

  The sequence has more than one direct child element defined or has an extra compositor as a direct child. Nonrepeating sibling elements with the same repeating parent element are mapped to dissimilar XML tables.

  Various repeating elements are mapped to the same XML table and the recurrence is not defined by an ancestor element.

  Child elements from various parents are mapped to the same XML table. XML schema constructs a list of lists, denormalized data, or a choice construct.

• Question 39:

  You work as an Office Assistant for Tech Perfect Inc. The company has a Windows-based network. You are creating a business report by using. Microsoft Excel 2010. You have arranged sales data as shown below:

  

  You want to provide pictorial representation of the trend of the sales data in front of each row. Which of the following actions will you take to accomplish the task with the least amount of administrative burden?

  A. Use stand-alone slicers.
  B. Configure form controls.
  C. Create sparklines.
  D. Create a PivotTable report.
  C. Create sparklines.

  ---

  

  In order to accomplish the task with the least amount of administrative burden, use sparklines. Sparklines, introduced in Microsoft Office 2010, are tiny charts that can fit in a cell. The sparklines can be used to show trends in a small amount of

  space. The sparklines visually summarize trends alongside data.

  The sparklines can be added through the Insert tab.

  Answer option A is incorrect. Stand-alone slicers are referenced from Online Analytical Processing (OLAP) Cube functions. These stand-alone slicers can be connected with any PivotTable in future. They can be added by using the slicer

  button on the Ribbon. They need to be manually linked into grids as required.

  Answer option B is incorrect. A form control is an original control that is compatible with old versions of Excel, beginning with Excel version 5. 0. It is designed for use on XLM macro sheets. It can be used when a user wants to simply interact

  with cell data without using VBA code and when he wants to add controls to chart sheets. By using form controls, the user can run macros. He can attach an existing macro to a control, or write or record a new macro. These controls cannot

  be added to UserForms, used to control events, or modified to run Web scripts on Web pages.

  Answer option D is incorrect. A PivotTable report is used to summarize large amounts of data, to analyze numerical data, and to answer unexpected questions about data.

• Question 40:

  You work as an Office Assistant for Media Perfect Inc. You have created a report in Excel. You have inserted the following formula in a cell:

  VLOOKUP(12, A2:C10, 3, FALSE )

  Which of the following actions will be performed by the formula?

  A. Search for the value 12 in the first column of the range, and then returns the value that is contained in the third column of the range and on the same row as the lookup value.
  B. Wrong syntax used.
  C. Search the value 3 in the last column of the range, and then returns the value that is in the column of the range and on the same row as the lookup value.
  D. Search the value 12 in the third column of the range and then returns the value that is contained in the 12th column of the range and on the same column as the lookup value.
  A. Search for the value 12 in the first column of the range, and then returns the value that is contained in the third column of the range and on the same row as the lookup value.

  ---

  The formula will search for the value 12 in the first column of the range, and then returns the value that is contained in the third column of the range and on the same row as the lookup value.