Computer · MS Excel
In an Excel formula, what is the purpose of the dollar sign () when used in a cell reference like $A$1?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It forces the formula to calculate faster than standard references
- 2It allows only the row reference to change while keeping the column absolute
- 3It locks both the column and row references so they do not change when the formula is copied✓
- 4It converts the cell value into a text label formatted as currency
Correct answer
It locks both the column and row references so they do not change when the formula is copied
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