Let’s say you work for a publishing company and you buy and sell rights for comic books. There are numerous scenarios in which the IF function would come in handy in business. Here are a few situational examples of when using the IF function would be ideal. The IF function is one of the most widely-used and popular functions in Microsoft Excel, largely due to its ability to be used in a wide number of scenarios. While this example is certainly an oversimplification of what the IF function can be used for, it is the basic concept of how the function works. In human language, this means that if cell D9 is equal to $1,000, then return “Yes.” If not, return “No.” In other words, the Logical_test value checks if a condition is met and then returns a predetermined true or false value. =IF(Logical_test,Value_if_true,Value_if_false) The IF function returns a result by comparing data that exists against a value you set. All of Excel’s Logical functions perform actions based on the results of the specific function’s test. What is the IF function in Microsoft Excel?Įxcel comes packed with a long list of Logical functions.
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In this tutorial, we’ll show you how to use the IF function, as well as provide some real-world use cases. The IF function is categorized as a Logical function, and is one of the most commonly-used functions in Microsoft Excel. It then returns one of two values depending on whether the comparison was true or false. The IF function in Excel compares existing data in the spreadsheet against the value you set in the IF function’s Logical_test field.
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