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NEW QUESTION: 1
National Association of Insurance Commissioners stated that, has no effect on the valuation of securities for statutory accounting purposes, provided the amount of the collateral at least equals the required collateral.
A. Securities lending
B. Investment security
C. Insurance track
D. Safety act
Answer: A
NEW QUESTION: 2
You work as an Office Assistant for Tech Perfect Inc. You are creating a report in a workbook in
Excel 2010. Before creating a final report, you are required to test some logical conditions. You
enter test data in a worksheet in the report. The fragment of the sheet is shown below:
You are testing logical conditions to use them in your report later. Which of the following
conditional formulas will return "True"?
A. =AND(E3<E4, E3>E5)
B. =OR(E3>E4, E3<E5)
C. =AND(E3>E4, E3<E5)
D. =NOT(E3+E4=34)
Answer: B
Explanation:
By using the AND, OR, NOT functions and other mathematical operators, you can create a
conditional formula that results in a logical value. In the current scenario, the following formula
will return "True" value:
= OR(E3>E4, E3
The OR() function in Excel evaluates logical values and returns the value "True" if any argument
is true. The function returns "False"
only when all the arguments are false. Syntax OR(LogicalCondition1,LogicalCondition2,..)
Here, LogicalCondition1, LogicalCondition2 are test conditions that can be either TRUE or
FALSE. There can be 1 to 255 logical
conditions that can be provided as arguments with the OR() function. Example
FormulaDescription
OR(1+2=3)It will return "True" as one argument is true. OR(1+2=4, 2+3=6)It will return "False"
as all arguments are false.
OR(1+2=4, 2+3=6, 5+6=11)It will return "True" as at least one argument is true. The OR()
function can also be used to evaluate values in arrays.
Answer options C and A are incorrect. The given formula will return "False" as at least one of the
arguments is false. The AND()
function in Excel evaluates logical values and returns the value "True" if all arguments are true.
The function returns "False" if one or all
arguments are false. Syntax
AND(LogicalCondition1,LogicalCondition2,..)
Here, LogicalCondition1, LogicalCondition2 are test conditions that can be either TRUE or
FALSE. There can be 1 to 255 logical
conditions that can be provided as arguments with the AND() function. Example
FormulaDescription
AND(1+2=3)It will return "True" as one argument is true.
AND(1+2=4, 2+3=6)It will return "False" as all arguments are false.
AND(1+2=3, 2+3=6, 5+6=11)It will return "False" as one of the arguments is false. AND(1+2=3,
2+3=5, 5+6=11)It will return "True" as all arguments are true.
The AND() function can also be used to evaluate values in arrays.
Answer option D is incorrect. The given formula will return "False" as the given argument is true.
The NOT() function in Excel reverses the value of its argument. Syntax
AND(LogicalCondition)
Here, Logical is a value or expression that can either be TRUE or FALSE. If logical is FALSE,
NOT() returns TRUE; if logical is TRUE,
NOT () returns FALSE. Example FormulaDescription
NOT(1+2=3)It will return "False" as the expression is true.
NOT(1+1=3)It will return "True" as the expression is false.
Reference:
Microsoft Excel Help, Contents: "Create conditional formulas"
NEW QUESTION: 3
Bei der Vorbereitung der Bewertung der Wirksamkeit der IT-Strategie eines Unternehmens sollte ein IS-Prüfer ZUERST eine Überprüfung durchführen.
A. das IT-Governance-Framework.
B. Informationssicherheitsverfahren.
C. die IT-Prozesse und -Verfahren.
D. die neuesten Prüfungsergebnisse.
Answer: A