Introduction to FP&A: Excel Sorting Data Quiz

Which of the following is the primary purpose of sorting data in Excel?

• To change the format of the data

• To arrange data in a meaningful order for better analysis

• To delete unnecessary rows

• To merge duplicate records

What happens when you sort a dataset without selecting the entire table?

• Excel automatically sorts the entire sheet

• Only part of the data is sorted, which can misalign information

• The sort function won’t work

• Excel creates a new sorted sheet

Which sorting option would be most useful for arranging sales data from highest to lowest revenue?

• Ascending Order

• Descending Order

• Custom Order

• Alphabetical Order

Which data format should be used for proper numerical sorting in Excel?

• Text

• General

• Number

• Date

What is a key benefit of converting a dataset into a Table format in Excel?

• It prevents data from being deleted

• It automatically updates sorting and filtering when new data is added

• It disables the use of formulas

• It increases the file size

What is the purpose of the "Sort & Filter" option in the Home tab?

• It allows users to rearrange data and apply conditions for viewing specific values

• It adds color formatting to the data

• It protects the worksheet

• It converts numerical data into text

How can multi-level sorting be useful in financial reports?

• It allows sorting by multiple categories, like region and sales amount

• It deletes duplicate financial records

• It highlights errors in financial statements

• It changes the data format automatically

What is the best way to remove all applied filters in Excel?

• Click "Clear" in the Filter menu

• Delete all the rows in the dataset

• Copy the filtered data to a new sheet

• Convert the dataset into a text document

Which sorting option allows financial analysts to categorize sales data first by product type, then by sales amount?

• Custom Sort

• AutoSort

• Basic Sorting

• Alphabetical Sorting

What happens when sorting a column that contains both numbers and text?

• Excel automatically deletes the text values

• Excel moves text values to the top and numbers to the bottom

• Excel sorts numbers first, then text in alphabetical order

• Excel does not allow sorting in mixed columns