In Excel, which function is used to calculate the internal rate of return for a series of cash flows? MCQ with Answer and Explanation

In Excel, which function is used to calculate the internal rate of return for a series of cash flows?
A. IRR
B. NPV
C. RATE
D. PV
Answer: Option A
Solution (By JKSSB Mock Tests)
IRR calculates the internal rate of return. NPV calculates net present value, PV present value, RATE interest rate.

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Practice More Microsoft Office Questions

Question #1
Which of the following is NOT a valid type of section break in MS Word?
A. Same Page
B. Odd Page
C. Next Page
D. Even Page

Correct Answer: Option A


Explanation:
Section break types: Next Page, Continuous, Even Page, Odd Page.

This question belongs to: Computer Microsoft Office
Question #2
In MS Word, the shortcut for 'Select All' is:
A. Ctrl + S
B. Ctrl + Shift + A
C. Ctrl + Alt + A
D. Ctrl + A

Correct Answer: Option D


Explanation:
Ctrl+A selects all.

This question belongs to: Computer Microsoft Office
Question #3
In Excel, the function to return the position of a substring within a string is:
A. FIND()
B. MATCH()
C. SEARCH()
D. Both A and B

Correct Answer: Option D


Explanation:
Both FIND and SEARCH return the starting position of a substring. FIND is case-sensitive, SEARCH is not. MATCH is for ranges.

This question belongs to: Computer Microsoft Office