In normal circumstances, Excel places a limit on the number of nested conditional formulas that you can use. The limit is 7. However, it is possible to circumvent the limitation over the number of ...

Nested IF statements allow testing multiple conditions within a single formula. You can also use other Excel functions in IF statements to perform calculations.

The SWITCH statement in Excel is a relatively new function. It takes an expression and tests it against multiple outcomes in a more readable and structured format compared to nested IF statements.

Use an IF statement to convert numeric scores to a pass-fail status. 3. Sales & bonus commissions Wilcox Industries pays its sales staff a 10-percent commission for all sales greater than $10,000.

So cleverly, instead of forcing you to return a hard value such as 3, Excel lets you use this false field to test another condition using a nested IF statement.