Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Obtain a copy of the article How to Debug Excel Spreadsheets by Rayman Meservy and Marshall Romney published in the Journal of Accountancy (November 2015,

Obtain a copy of the article "How to Debug Excel Spreadsheets" by Rayman Meservy and Marshall Romney published in the Journal of Accountancy (November 2015, pp. 46-52) from either your school library or from the website www.aicpa.org. The spreadsheet referenced in the article is available for download from the course website. Download the spreadsheet and follow along with the steps in the article. Write a report that answers the following questions (these are not completely answered in the article). Include screenshots to support your answers. Hint: The questions below are listed in the sequence in which you will encounter them when working through the steps described in the article.

1. How do you know when the "Trace Precedents" rule has located the cell that contains the source of a chain of errors?

2. Which cells are affected by the error in cell AL4?

3. Explain the nature of the circular reference in the original formula in cell AB6.

Step by Step Solution

3.47 Rating (150 Votes )

There are 3 Steps involved in it

Step: 1

1 Trace cells with error values If the active cell contains an error value then tracer arrows are dr... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Governmental and Nonprofit Accounting

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

10th edition

132751267, 978-0132751261

More Books

Students also viewed these Accounting questions