| A | B |
| A shorthand way to write an equation that performs a calculation | Function |
| The value the function uses to perform a calculation, including a number, text, or cell reference that acts as an operand | Argument |
| Manipulate quantitative data in a worksheet. Used for determining values Ex:Sum | Math & Trig Functions |
| Used to describe quantities of data. Ex: Average, Standard Deviation | Statistical Functions |
| Used to analyze loans and investments | Financial Functions |
| Used to display text or values if certain conditions exist. Ex: IF | Logical Functions |
| Used to insert dates and times within a worksheet. | Date and Time Functions |
| Used to format and display cell contents. | Text Functions |
| All Function formulas begin with this | Equal Sign |