Question
1. In this example of a nested IF Statement, breakout and explain each part of formula to determine how the commission rates will be calculated:IF(B2>=150,
1. In this example of a nested IF Statement, breakout and explain each part of formula to determine how the commission rates will be calculated:IF(B2>=150, 10%, IF(B2>=101, 7%, IF(B2>=51, 5%, IF(B2>=1, 3%,"")))).
2.Why would you use a Vlookup function as oppose to a Nested If statement?
3.Give a real life scenario in which you may have used or can implement the Nested If or Vlookup functions in your daily or weekly tasks.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
1118738101, 978-1118738108
