1.Which of the following do you need to know to calculate the depreciation of an asset? Select all the options that apply.

	a.	asset's original cost
	b.	length of the asset's useful life
	c.	asset's salvage value
	d.	rate at which the asset is depreciated over time

2.Which of the following functions calculate the internal rate of return for an investment? Select all the options that apply.

	a.	IRR
	b.	NPV
	c.	XPV
	d.	XIRR

3.Which of the following are tools Excel provides to identify and correct errors? Select all the options that apply.

	a.	Trace Error tool
	b.	Name Manager
	c.	Error values in cells
	d.	Error Window

4.In which of the following scenarios would you use a linear trend? Select all the options that apply.

	a.	To estimate revenues for five years, assuming revenue will grow by $10,000 a year
	b.	To estimate expenses for three years, assuming expenses decrease by $5,000 per year
	c.	To calculate gross profit by subtracting expenses from revenue
	d.	To calculate the depreciation of an asset over 10 years