Which of the following statements about Date Serial numbers in Excel are TRUE? (Select three that apply)Date Serial numbers are what powers Date Functions in Excel.The Date Serial number of 1 corresponds to the date 1900-01-01.Date Serial numbers are sequential, starting from 1.Data Serial numbers can only be used with the YEARFRAC() function.
Question
Which of the following statements about Date Serial numbers in Excel are TRUE? (Select three that apply)Date Serial numbers are what powers Date Functions in Excel.The Date Serial number of 1 corresponds to the date 1900-01-01.Date Serial numbers are sequential, starting from 1.Data Serial numbers can only be used with the YEARFRAC() function.
Solution
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"Date Serial numbers are what powers Date Functions in Excel." - This statement is TRUE. Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and later dates are larger serial numbers.
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"The Date Serial number of 1 corresponds to the date 1900-01-01." - This statement is TRUE. In Excel, the date serial number 1 does indeed correspond to the date January 1, 1900.
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"Date Serial numbers are sequential, starting from 1." - This statement is TRUE. As mentioned above, Excel stores dates as sequential serial numbers, starting from 1.
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"Data Serial numbers can only be used with the YEARFRAC() function." - This statement is FALSE. Date Serial numbers can be used with a variety of Excel functions, not just the YEARFRAC() function. They can be used with any function that requires a date as an argument, such as DAY(), MONTH(), YEAR(), etc.
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