1. Advanced Functions Computer Applications 1
Objective: 4.01-Understand Spreadsheets Used in Business

2. Advanced Functions
Used in higher level operations, such as in conditional and comparison equations to compute:
interest rates,
due dates,
payment terms, and
financial projections

3. Advanced Functions If Statements Date Functions LookUp Function List
Count

4. If Statements Conditional Operators used in spreadsheet formulas
Results are returned IF the data specified in an equation meets conditions set by the formula
If statements can be written to carry out an action, such as
If a value of a cell is greater than or equal to another value, insert the word “pass” in a cell

5. Date Functions Used to calculate a period of time such as
Number of days that have elapsed since a value was entered into a specific cell or
To calculate a 30 day due date for a record of spreadsheet invoices
NOW-returns the current date
Days 360-calculates difference in days between two dates

6. LookUp Function
Used to compare a cell value to an array of cells and return a value that matches the location of the value in the array
Lookup-used for two column vectors
VLookUp
used when there are more than two columns in the array (lookup table)
Searches for matches according to column number

7. List Used to assist in organizing spreadsheet information
Controls the size or content of data entries
Filters for specific content within a list
Example: displaying only the Southeast region Vice Presidents

8. Types of Lists
Validated-limits data entry to specific choices programmed into the function
Non-validated-allows additional entries other than those provided inthe drop-down menu

9. Count Used to return the number of cells in a range
Count-number of cells in a range that contain numbers
CountA-number of cells in a range that contains values or letters
CountIF-cells that meet a condition set forth in the formula