2024 Updates

May Updates

πŸ†•NEW SIMnet Content

All three chapters of the new SIMbook titled Data Analytics Using Excel are now live! This content is available complimentary to all students with a 2021 Office or Excel SIMnet license.

Chapter 1: Introduction to Power Query

Power Query is a data transformation tool that takes the heavy lifting out of data preparation and transformation using a point-and-click interface. This chapter covers eight skills and features a new simulated Power Query environment.

Chapter 2: Introduction to Power Pivot

Power Pivot is an Excel add-in used for performing powerful data analysis and creating sophisticated data models. This chapter covers six skills and features a new simulated Power Pivot environment.

Chapter 3: Introduction to Power BI

Power BI is a collection of software services, apps, and connectors that work together to turn unrelated sources of data into coherent, visually immersive, and interactive insights. This chapter covers eight skills and features a new simulated Power BI environment.

πŸ“˜The following projects were released or updated:

  • Excel - Accounting Project 6 - Accounting: Project 6 – Depreciation - New Project - Prepare depreciation schedules for a new company using straight-line, double-declining-balance and sum-of-the-years’ depreciation methods.

  • Excel - Accounting Project 9 - CVP - New Project - Prepare cost-volume-profit analyses for two separate companies at actual and projected sales levels.

  • Excel - Finance - Guided Project Time Value of Money-1 - New Project - Import data to calculate the present values of various future cash flows in the form of annuities with changing discount rates.

  • Excel - Finance - Guided Project Time Value of Money-2 - New Project - Import data to calculate the expected future values of three investment accounts with differing expected rates of returns, time invested, and monthly payments.

  • Excel 2021 Skills Approach - Ch 1 Challenge Yourself 1.4 - Updated grading for step 8

  • PowerPoint 2021 In Practice - Ch 1 Guided Project 1-2 - Update for bullet grading for step 6 and for font color for step 8d.

  • Word 365/2021 Capstone - Level 2 Writing a Research Paper - Parameter update to remove grading error from step 15a

April Updates

πŸ“˜The following projects were released or updated:

  • Excel - Accounting Project 2 - Inventory Costing Methods - New project - Analyze sales data to determine the costs for inventory and goods using the FIFO and LIFO methods. Compute the gross margins for each method.

  • Excel - Accounting Project 3 - Comparative Income Statements - New project - Create a comparative income statement between the current year and prior year. Create a chart of expenses.

  • Excel - Accounting Project 4 - Aging of Accounts Receivable - New project - Compute the age of receivables for several different companies and complete an aging schedule. Create a PivotTable from the data.

  • Excel - Accounting Project 5 - Financial Ratios - New project - Calculate ratios using data from a financial statement.

  • Excel - Accounting Project 7 - Mortgages - New project - Calculate various amounts related to the financing of a home and a car.

  • Excel - Accounting Project 10 - Weighted Average Method - New project - Use the weighted average method to assign production costs to units transferred out and units remaining in inventory.

  • Excel 2019 Skills Approach - Ch 8 Fix It 8.6 - Updated instruction text for steps 4 and 12.

  • Excel 2021 In Practice - Ch 4 Independent Project 4-4 - Updated instruction text for step 17

  • Excel 2021 Skills Approach - Ch 8 Fix It 8.6 - Updated instruction text for steps 4 and 12.

  • In Practice PowerPoint 365: Application Capstone Project (Chs. 1-3) - Corrected misspelling in step 3d

  • PowerPoint 365/2019 Capstone - Level 3 Creating a Company's Presentation - Fixed grading issue with steps 5 and 27

  • PowerPoint 365/2021 Capstone - Level 3 Creating a Company's Presentation - Fixed grading issue with steps 5 and 27

  • Word 2021 In Practice - Ch 6 Advanced Project 6-7 - Added note to step 3b regarding Microsoft Word bug and applying style to text

March Updates

πŸ“˜The following projects were released or updated:

  • Excel - Accounting Project 1 - Prepare Financial Statements - Added SLOs to project

  • Excel 2019 Skills Approach - Ch 5 Fix It 5.6 - Updated solution image

  • Excel 2021 Skills Approach - Ch 9 Skill Review 9.2 - Updated instruction text and grading for step 10b

  • Excel Accounts Project 2 - Fixed the solution file and grading for step 8.

  • Excel-MSU Denver-Complex Formulas - New project - Create a complex formula in Excel

  • Excel-MSU Denver-Relative Absolute Formulas - New project - Create a relative absolute formula in Excel

  • Excel-MSU Denver-Simple Formulas - New project - Create a simple formula in Excel

  • In Practice 2021 Integrated Capstone Project 6 Part B-Excel-ALT - New project - Import data into Excel and customize this data

  • Word 2021 In Practice - Ch 2 Guided Project 2-1 - Fixed grammatical issues in start file, updated solution image, and grading

  • Word 2021 In Practice - Ch 2 Independent Project 2-4 - Fixed feedback for step 6b.

February Updates

πŸ“˜The following projects were released or updated:

  • Access 2019 In Practice - Ch 1 Independent Project 1-5 ALT - Fixed error in start file

  • Access 2019 In Practice - Ch 2 Guided Project 2-1 - Updated rubric to match instruction text for step 10b

  • Access 2021 In Practice - Ch 2 Guided Project 2-1 - Updated rubric to match instruction text for step 10b

  • Access 2021 Skills Approach - Ch 4 Challenge Yourself 4.3 ALT - Updated rubric to match instruction text for step 10b

  • Excel - Accounting Project 1 - Prepare Financial Statements - New project - Create an income statement, balance sheet, and statement of retained earnings for the year

  • Excel 2019 In Practice - Ch 4 Independent Project 4-4 - Added alternate formula to step 31a

  • Excel 2021 In Practice - Ch 2 Advanced Project 2-7 - Added alternate formula strings into the grading functions for steps 2.b and 2.d

  • Word 2021 In Practice - Ch 1 Guided Project 1-2 - Clarified instruction text for step12e

  • Word 2021 In Practice - Ch 2 Advanced Project 2-7 - Author updates for steps 11c and 11d

  • Word 2021 In Practice - Ch 3 Independent Project 3-5 - Author updates for steps 12d and 12f

  • Word 2021 Skills Approach - Ch 2 Challenge Yourself 2.3 - Fixed issue with grading function used for step 18a

January Updates

πŸ“˜The following projects were released or updated:

  • Access 2021 Skills Approach - Ch 3 Skill Review 3.2 - Added Canadian format answer string to step 8c

  • Excel 2021 In Practice - Ch 4 Advanced Project 4-7 - Added alternate formula for step 4c.

  • Excel 2021 In Practice - Ch 4 Independent Project 4-4 - Added alternate formulas to steps 7 and 11

  • PowerPoint 2021 Skills Approach - Ch 7 Challenge Yourself 7.3 - Updated grading for step 8

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