The formula =AND(A1>=TODAY(), A1<=TODAY()+7) checks if the date in A1 is today or later, but not more than 7 days ahead. This correctly highlights dates within the next 7 days including today.
The formula =B2<TODAY() returns TRUE if B2 is a date before today. The function ISBEFORE does not exist in Google Sheets. DATEVALUE expects a text string, so if B2 is already a date, it is unnecessary. Using <=NOW() includes time and may cause unexpected results.
Option A uses AND(C2<TODAY(), D2<>"Completed") which correctly checks if the due date is before today and the status is not "Completed". Option A includes due dates equal to today, which is not overdue. Option A uses IF incorrectly inside conditional formatting. Option A is logically correct but more complex; however, it works but option A is simpler and preferred.
Option B counts dates from the first day of the current month (inclusive) to the first day of the next month (exclusive), correctly counting all dates in the current month. Option B uses EOMONTH with +1 day but is more complex and less clear. Option B counts dates after the first day but no upper limit. Option B counts dates before the end of the month but no lower limit.
Given TODAY() is June 15, 2024, EOMONTH(TODAY(), -1) returns May 31, 2024. Adding 1 gives June 1, 2024. The formula checks if F1 is before June 15 and on or after June 1. F1 is June 10, which fits, so the formula returns "Last Month".