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Accountancy · 2026 · 6 marks
CBSE 2026 · Region 3 · Set 2 · Q34
Which functions can be used as an alternative to the 'IF' function for elaborate tests and why ? Explain its various types with syntax.
Marking-scheme solution
The look up function can be used as an alternative to the IF function for
elaborate tests or tests that exceeds the limit for nesting of IF function.
(1)
LOOK UP (Vector form): It looks in a one row or one column range for a value and then
returns a value from the same position in a second one row or one column range. (½)
Syntax: LOOK UP (lookup_value, lookup_vector, result_vector) ($\displaystyle 1$)
lookup value: can be a number, text, logical value or a name or reference that refers
to a value. (½)
Lookup_ vector: is a range that contains only one row or one column, the values in
lookup_ vector can be text, numbers or logical value. (½)
Look UP array form looks in the first row or column of an array for the specified
value and then returns a value from the same position in the last row or column of
the array. (½)
Syntax LOOKUP (lookup value, array) (½)
•
lookup_value is a value that Lookup searches for in an array. It can be a number,
text, a logical value, or a name or reference that refers to a value. (½)
•
If lookup cannot find the lookup_value it uses the largest value in the array
that is less than or equal to lookup value. (½)
•
If that value is smaller than the smallest value in the first row or column then
it will return # N/A error value. (½)
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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.