Microsoft Excel 2021365 - Beginner to Advanced - Using XLOOKUP to Perform Complex Lookups

The video tutorial introduces XLOOKUP, a powerful and flexible Excel function that simplifies lookups compared to INDEX and MATCH. It covers the syntax, basic usage, and advanced features of XLOOKUP, including optional arguments and dynamic arrays. The tutorial also demonstrates how to perform approximate matches using XLOOKUP, making it a versatile tool for various lookup scenarios.

What is one of the main advantages of XLOOKUP over INDEX and MATCH?

• It is less flexible.

• It requires more arguments.

• It has a simpler notation.

• It is only available in older versions of Excel.

Which function is typically used to find the row number in an INDEX and MATCH formula?

• COUNT

• AVERAGE

• MATCH

• SUM

What is the first argument required in an XLOOKUP function?

• Return array

• Lookup array

• Lookup value

• Match mode

Which of the following is an optional argument in XLOOKUP?

• If not found

• Return array

• Lookup array

• Lookup value

What feature of XLOOKUP allows it to return multiple results?

• Single cell

• Static array

• Dynamic array

• Fixed range

In XLOOKUP, what does the match mode argument allow you to specify?

• The lookup array

• The type of search order

• The type of match

• The return array

How does XLOOKUP handle a lookup value that is not found in the table?

• It returns an error.

• It returns zero.

• It returns the first value.

• It returns a specified text.

What is the default search order in XLOOKUP if no argument is provided?

• Binary search

• Random order

• First to last

• Last to first

When using XLOOKUP for approximate matches, what can you specify?

• Next smallest or largest item

• Exact match only

• Only the largest item

• Only the smallest item

How does XLOOKUP compare to VLOOKUP when performing approximate matches?

• XLOOKUP cannot perform approximate matches.

• XLOOKUP is less flexible than VLOOKUP.

• XLOOKUP offers more options for approximate matches.

• XLOOKUP is slower than VLOOKUP.