In Excel, which function is used to calculate the net present value? MCQ with Answer and Explanation

In Excel, which function is used to calculate the net present value?
A. IRR
B. NPV
C. FV
D. PV
Answer: Option B
Solution (By JKSSB Mock Tests)
NPV calculates net present value.

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Practice More Microsoft Office Questions

Question #1
In MS Word, 'SmartArt' is used to:
A. Add mathematical equations
B. Create visual representations like lists, processes, and hierarchies
C. Insert copyright-free images
D. Create charts

Correct Answer: Option B


Explanation:
SmartArt provides pre-designed diagram templates.

This question belongs to: Computer Microsoft Office
Question #2
What will be the output of the MS Excel formula =LARGE(A1:A4, 2) if cell records carry A1=10, A2=50, A3=30, and A4=40?
A. 50
B. #VALUE!
C. 30
D. 40

Correct Answer: Option D


Explanation:
The LARGE function returns the k-th largest value in a dataset range. Sorting the range {10, 50, 30, 40} in descending order gives {50, 40, 30, 10}, where the 2nd largest value is 40.

This question belongs to: Computer Microsoft Office
Question #3
In MS Access, what field property specifies that text inside a field should always be displayed in uppercase regardless of how it was typed?
A. Validation Rule set to UPPER
B. Input Mask set to >
C. Field Size constraint management
D. Format set to >

Correct Answer: Option D


Explanation:
In the Format property of a text field, entering the greater-than symbol (>) forces Access to display all characters in uppercase, without altering the underlying raw data records.

This question belongs to: Computer Microsoft Office