Microsoft Excel 2021365 - Beginner to Advanced - Specialized Rounding (MROUND, CEILING.MATH, and FLOOR.MATH)

The video tutorial covers various rounding functions in spreadsheets, including M round, ceiling, and floor. It explains how to use these functions to round numbers to specific multiples, such as $0.50 or $0.10. The tutorial also discusses the differences between these functions, highlighting the flexibility of M round and the directional rounding of ceiling and floor. Examples are provided to demonstrate the application of these functions in financial data, emphasizing their utility in ensuring consistent pricing formats.

Which of the following functions allows you to round numbers to different specified multiples?

• Ceiling

• Floor

• M Round

• Round

What is the primary purpose of the M round function?

• To round numbers to a specified multiple

• To round numbers to the nearest integer

• To round numbers down to the nearest multiple

• To round numbers up to the nearest multiple

How does the ceiling function differ from the M round function?

• Ceiling rounds down to the nearest multiple

• Ceiling rounds up to the nearest multiple

• Ceiling rounds to a specified multiple

• Ceiling rounds to the nearest integer

What is the significance argument in the ceiling.math function?

• It specifies the mode for negative values

• It specifies the direction of rounding

• It specifies the multiple to round to

• It specifies the number to be rounded

What is the purpose of the mode argument in the ceiling.math function?

• To handle rounding of negative values

• To specify the multiple to round to

• To specify the number to be rounded

• To specify the direction of rounding