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THE ‘IF STATEMENT’

November 22, 2010

The ‘If Statement’ is often used for basic reporting in Excel. It provides an easy method of assessing the truth of an  assertion and then returning one of two values depending on whether the assertion is true or false.

Syntax: IF(logical_test, [value_if_true], [value_if_false])

In this example an ‘If Statement’ tests whether the value ‘MyDate’ is larger or equal to the date above the target cell; the result is either an actual or a budget value depending on the truth of the assertion:

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