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1. Which of the following is true about the SUMIF function?
The function is case sensitive
If there are no exact matches to the condition, SUMIF will take the best approximation
A dynamic condition requires concatenation (e.g. the use of ‘&’)
2. The syntax of SUMIF is SUMIF(Range,Criterion,Sum_Range). Which argument is not necessarily required?
Range (if not specified, Sum_Range is used instead)
Sum_Range (if not specified, Range is used instead)
3. In this example, Business Units A, B, C and D make sales as recorded. What should the amount be displayed in cell G5 if the formula is =SUMIF(B5:B16,B12,C5:C16)?
The sum of all A’s sales, i.e. $1,000
The sum of all B’s sales, i.e. $1,800
The sum of all C’s sales, i.e. $2,700
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