DATABASE FUNDAMENTALS
WORKBOOK THEMES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Currency
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General
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Accounting format
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None of the answers
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Detailed explanation-1: -Excel absolute cell reference (with $ sign) The dollar sign fixes the reference to a given cell, so that it remains unchanged no matter where the formula moves. In other words, using $ in cell references allows you to copy the formula in Excel without changing references.
Detailed explanation-2: -A number format that puts dollar symbols before each value by default is known as accounting format/currency format. Explanation: The number format is known as the currency format.
Detailed explanation-3: -If you want to maintain the original cell reference when you copy it, you “lock” it by putting a dollar sign ($) before the cell and column references. For example, when you copy the formula =$A$2+$B$2 from C2 to D2, the formula stays exactly the same. This is an absolute reference.