1) A person who starts a business and is willing to risk loss in order to makemoney. a) buyer  b) seller c) entrepreneur  d) manage 2) It is the person who buys goods or services from the seller. a) entrepreneur  b) manager  c) buyer  d) seller 3) This person owns or manages the store or business establishment and offers goods, products, or services to those who need it. a) lawyer  b) teacher  c) buyer  d) seller 4) It is manufactured following a process or grown and nurtured in order to besold for a profit. a) demand  b) product  c) service  d) profit 5) It is a facility supplying a public or market demand. a) establishment  b) school  c) factory  d) canteen 6) Something you buy based on your needs and wants is called _______________________. a) education  b) goods  c) bills  d) service 7) When you pay something at a store, you are the _________________________. a) entrepreneur  b) manager  c) buyer  d) seller 8) A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. a) service  b) profit  c) demand  d) goods 9) It is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. a) establishment  b) factory  c) c. school d) d. business 10) A consumer’s desire to purchase goods and services and willingness to pay aprice for a specific good or service. a) a. profit b) b. product c) c. demand d) d. business 11) A web application that allows collaborative editing of its content and structure by its users. a) Blog  b) Internet c) Wiki d) E-mail 12) The important feature of wiki that makes it different from any other type of website is: a) collaborative editing by the users b) users are made to pay online c) users can create programs d) users are not allowed to edit the content 13) An online platform where writers share their views on an individual subject. a) Blog  b) Internet  c) Wiki d) E-mail 14) Which platform gives the user personal space to publish pictures, articles, comments or insights online? a) Messenger  b) Blog  c) Copyright  d) Blogger 15) What do we call a person who maintains and updates a blog? a) Blogger  b) Wiker c) Publisher  d) Messenger 16) What do we call an exclusive right to produce, publish, distribute or make a profit from intellectual property? a) Copyright  b) Type  c) Encode d) Print 17) It multiplies all the numbers given as argument a) Quotient b) Sum c) Product d) Power 18) What functions should be used when adding all the numbers in a range of cell? a) Sum b) Product c) Quotient d) MOD 19) What function should be used when adding the cells specified by the condition or criteria? a) SUMPRODUCT b) SUMIF c) SUMIFS d) SUMSQ 20) It returns the integer portion of a division. a) a. Quotient b) b. Sum  c) Product d) Power 21) This function returns the remainder after a number is divided by a divisor. a) SUMPRODUCT  b) MOD  c) SUMIF d) SUMSQ 22) What is the most popular electronic spreadsheet program that we usedtoday? a) Lotus Symphony b) Google Sheet c) Microsoft Excel d) LibreOffice 23) To begin with an Excel function, what sign should be used when you aremanually calculating? a) Plus (+) b) Minus (-) c) equal (=) d) multiply (x) 24) What function that returns the sum of the squares of the arguments? a) SUMIF b) MOD c) SUMPRODUCT d) SUMSQ 25) This function returns the sum of the products of corresponding ranges orarrays. a) SUMIF b) MOD c) SUMPRODUCT d) SUMSQ 26) It is an application program designed to perform basic mathematical andarithmetic operations. a) Electronic spreadsheet b) Slide Presentation c) Word Document d) Publisher 27) To get the sum of the values in column X of the table, you type the formula below and you will get 440. a) =SUM(C9:B13) b) =SUM(B9:B13) c) =SUM(B9:D13) d) =SUM(C9:C13) 28) To get the sum of the values in column X and column Z you type the formula below and you will get 1730 a) =SUM(B9:B13,D9:D13) b) =PRODUCT(B9:B13,D9:D13) c) =QOUTIENT(B9:B13,D9:D13) d) =MOD(B9:B13,D9:D13) 29) To get the product of the values in column X of the table, you type the formula below and you will get 5226909480 a) =PRODUCT(C9:B13) b) =PRODUCT(B9:D13) c) =PRODUCT(B9:B13) d) =SUM(B9:B13) 30) MS Excel is one of the most commonly used computerized worksheet. a) TRUE b) FALSE

TLE 6 ICT QUARTER 3 SUMMATIVE TEST

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