Which of the following is a feature of the Function Builder in Excel?

It provides a real-time preview of the formula result as it is being constructed

It replaces the need for using formulas and functions altogether

It is only available in older versions of Excel and not in newer versions

It can only be used with built-in functions and not with user-defined functions

It provides a real-time preview of the formula result as it is being constructed

The correct answer is: It provides a real-time preview of the formula result as it is being constructed.

The correct answer is:

- It provides a real-time preview of the formula result as it is being constructed.

To arrive at this answer, you can follow these steps:

1. Open Excel and locate the Function Builder. In newer versions of Excel, it can be found by clicking on the fx icon next to the formula bar.

2. Once the Function Builder is open, you will see various categories of functions such as Math & Trig, Date & Time, Text, etc.

3. Within each category, there will be a list of specific functions you can use. Select a function you want to use by clicking on it.

4. The Function Builder will display a description of the selected function and provide input boxes for its arguments. You can input the necessary values or cell references into these boxes.

5. As you input the arguments, the Function Builder will provide a real-time preview of the formula result based on the arguments you have provided. This allows you to verify that the formula is being constructed correctly.

Therefore, the correct answer is that the Function Builder in Excel provides a real-time preview of the formula result as it is being constructed.