A dvanced MS Excel formula logic, lookup functions, conditional calculations, references, errors, arrays, and practical formula-based questions . Advanced MS Excel Formula MCQs 1. What will =IF(A1>=60,"Pass","Fail") return if A1 contains 75? A. 60 B. TRUE C. Pass D. Fail Answer: C. Pass Explanation: Since 75 ≥ 60 is TRUE, the IF() function returns "Pass" . 2. What is the result of =SUM(A1:A5) ? A. Adds only A1 and A5 B. Adds values from A1 through A5 C. Counts cells A1 through A5 D. Finds the average Answer: B. Adds values from A1 through A5 Explanation: The colon : specifies a continuous range from A1 to A5. 3. Which formula correctly calculates the average only for values greater than 50 in A1:A20? A. =AVERAGEIF(A1:A20,">50") B. =AVERAGE(A1:A20,">50") C. =IFAVERAGE(A1:A20,50) D. =AVGIF(A1:A20,50) Answer: A. =AVERAGEIF(A1:A20,">50") Explanation: AVERAGEIF() calculates the average of cells satisfying a spe...