B. Directions: Choose only the letter of the correct answer. 1. An application program designed to perform basic mathematical and arithmetic operations. a. MS Excel b. Electronic spread sheet c. Arguments 2. It can be a form of numbers, cell references, or texts. a. Functions b. Arguments c. Formulas 3. Are combinations of functions, operands, and operators. These are used when you are manually calculating. a. Formulas b. Functions c. MS Excel 4. It is a calculation that return a result. a. Electronic spread sheet b. Formulas c. Functions 5. It is one example of the most commonly used computerized worksheets a. Formulas b. Functions c. MS Excel