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IFS function (multiple conditions) in Excel - Cheat Sheet & Quick Revision

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Recall & Review
beginner
What does the IFS function do in Excel?
The IFS function checks multiple conditions one by one and returns the value for the first condition that is TRUE. It helps avoid nested IF statements.
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beginner
Write the syntax of the IFS function.
IFS(condition1, value_if_true1, condition2, value_if_true2, ..., conditionN, value_if_trueN)<br><br>Each condition is tested in order. The function returns the value for the first TRUE condition.
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intermediate
How does IFS differ from nested IF statements?
IFS is simpler and cleaner because you list conditions and results in pairs without many parentheses. Nested IFs require multiple IF functions inside each other, which can be confusing.
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intermediate
What happens if none of the IFS conditions are TRUE?
If no condition is TRUE, IFS returns a #N/A error unless you add a final condition that is always TRUE (like TRUE) with a default value.
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beginner
Example: How to use IFS to assign grades based on scores?<br>Score >= 90: "A"<br>Score >= 80: "B"<br>Score >= 70: "C"<br>Score < 70: "F"
Use this formula:<br>=IFS(A1>=90, "A", A1>=80, "B", A1>=70, "C", TRUE, "F")<br><br>This checks each condition in order and returns the matching grade.
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What will the formula =IFS(A1>10, "High", A1>5, "Medium", TRUE, "Low") return if A1 is 7?
A"Medium"
B"High"
C"Low"
D#N/A error
Which of these is a correct way to write an IFS function?
A=IFS(A1>10, "Yes", A1<5)
B=IFS(A1>10, "Yes", A1<5, "No")
C=IFS(A1>10 "Yes", A1<5, "No")
D=IFS(A1>10, "Yes", A1<5, "No",)
What error does IFS return if no conditions are TRUE and no default is given?
A#VALUE!
B#REF!
C#N/A
D#DIV/0!
Why might you use IFS instead of nested IFs?
AIFS is faster to calculate
BIFS allows multiple results in one cell
CIFS works only with numbers
DIFS is easier to read and write for multiple conditions
In the formula =IFS(A1>90, "A", A1>80, "B", TRUE, "C"), what does TRUE represent?
AA default catch-all condition
BA condition that is always FALSE
CA syntax error
DA reference to cell TRUE
Explain how the IFS function works and how it can replace nested IF statements.
Think about checking conditions one by one and stopping at the first match.
You got /4 concepts.
    Describe how to handle a situation where none of the IFS conditions are met.
    Use a condition that always returns TRUE at the end.
    You got /3 concepts.