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Wall Street Prep Excel Crash Course, 2026 — comprehensive practice questions and answers

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This document is based on the Wall Street Prep Excel Crash Course and covers the core Excel skills taught in the program. It includes practice questions and answers focused on formulas, functions, shortcuts, data analysis, formatting, PivotTables, and finance-oriented Excel tasks. The content is suitable for both learning and revision, especially for students preparing for finance and consulting roles.

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Wall Street Prep: Excel Crash Course
Study online at https://quizlet.com/_a0pm3a
1. Keyboard Versus the Mouse: Almost everything that can be done in Excel using
a mouse can also be done using the keyboard shortcuts
Best way to learn is to disconnect the mouse and work through Excel using only the
keyboard
2. Name Box: Tells you what cell you are in (top left below the ribb on)



3. Formula Bar: When you insert a formula into a cell and hit return, the cell will
show you the output
The formula bar, however, will show you the formula
Next to "fx" right below the ribbon
4. Worksheets: An Excel file is called a workbook;
You start with 1 worksheet but you can add/delete more
The active worksheet is highlighted in Excel


5. Moving Between Worksheets: Ctrl + PageDown/PageUp
(Option + RightArrow/LeftArrow)
6. Adding Worksheets: (Fn Shift F11)
7. Columns: Alphabetically labeled (A, B, C, etc.)




8. Rows: Numerically labeled (1, 2, 3, etc.)




9. Main tabs: Although we focus on shortcuts, virtually all commands, functions,
and Excel features can be accessed through the task-oriented tabs which organize
them into nine logical categories:
(1) Home
(2) Insert
(3) Draw
(4) Page Layout
(5) Formulas
(6) Data


, Wall Street Prep: Excel Crash Course
Study online at https://quizlet.com/_a0pm3a
(7) Review
(8) View
(9) Developer
10. How to Access Ribbon on Mac: Ctrl Fn F2
Use arrow keys to peruse the Mac ribbon
11. Mac Settings to Disable: (1) Function Keys: Settings - Keyboard - Use F1, F2,
etc. keys as standard function keys
(2) Mission Control: System Preferences - Keyboard - Shortcuts - Mission Control -
Disable "Move a space left" and "Move a space right" to use Ctrl RightArrow or Ctrl
LeftArrow
12. Using Function Keys: Hit Fn and then the function key to use the function keys
themselves on a Mac
13. Open a New Workout: Ctrl N
Cmnd N
14. The File Tab: Many Excel features (Open file, Save file, Print file, etc.) are
located in this tab
Excel also has alternative keyboard shortcuts (using Ctrl) for many of these features
Open a File: Ctrl O (Cmnd O)
Save a File: Ctrl S (Cmnd S)
Print a File: Ctrl P (Cmnd P)
15. Save a File: Ctrl S
Cmnd S
16. Print a File: Ctrl P
Cmnd P
17. Open a File: Ctrl O
Cmnd O
18. Toolbars: Within each of the main tabs you will find all of Excel's features,
grouped by commands
19. Navigating to the Toolbars Without the Mouse: Hit Alt and the appropriate
letter (or use the right/left arrow keys) to get to the desired tab
Once there, use the Tab and Shift Tab keys to navigate around, the Space to open
a drop down, and Enter to select
20. Bold Command: Ctrl B
Cmnd B
21. The Home Tab: Includes most formatting properties:
Font type, size, and color
Background color
Text/cell alignment
Changing currency, decimal, percent formats


, Wall Street Prep: Excel Crash Course
Study online at https://quizlet.com/_a0pm3a
Inserting, deleting, and hiding rows and columns
Adjusting columns and rows width
Inserting, deleting, and renaming worksheets
22. The Insert Tab: Important Features: Pivot Table, Charts, Header & Footer
23. Page Layout Tab: Important Features: Print Area, Fonts, Gridlines
24. Formulas Tab: Important Features: Insert Function, Function Library, Name
Manager, Formula Auditing Tools (Trace Precedents, Trace Dependents)
25. Data Tab: Important Features: Filter, Sort, Text to Columns, Flash Fill, Data
Validation, Data Tables (Goal Seek), Group/Ungroup
26. Review Tab: Important Features: New Comment
27. View Tab: Important Features: Zoom, Gridlines
28. Developer Tab: Important Features: Record Macro, Add-Ins
29. Accessing Settings (Excel Options): File > Options (Alt F T or Alt T O)
MAC: Excel > Preferences
30. Excel Settings Changes: General:
Change "Sheets in New Workbook" to 3
Uncheck "Show Workbook Gallery when opening Excel"

Calculation/Functions:
Change Calculation Options to "Automatic except for data tables"
Check "Enable iterative calculation"

Edit/Advanced:
Uncheck "After pressing Enter, move selection"
*Optional - Check "Automatically insert a decimal point"
31. Protection: Go to File > Info > Password Protecting Files (File > Passwords)
Alt F T I
You can password protect files "Encrypt with Password"
You can also protect individual worksheets so that people can't see or edit formulas
"Protect Current Sheet"
32. Shortcuts to Allow the User Input to Add More Sheets to a Workbook: Alt i
w
Alt h i s
Shift F11
Alt Shift F1
33. Find or Find and Replace Shortcut: Ctrl F
(Cmnd F)
34. What is the recommended workbook calculation setting for Excel?: Auto-
matic Except for Data Tables

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