Even if you donât show formulas in the cells, when you click on a cell containing a formula, the formula displays in the formula bar. If you donât want the formulas visible to users of your spreadsheet, you can hide them and protect the sheet. To do this, select the cells whose formulas you want to hide.
appraisal date. Day as of which an appraiser's estimate of value applies.
The function of an appraisal refers to the use made of the value estimate; such as transfer of ownership, extension of credit, compensation for loss, taxation/assessment. Example: The purpose might be to estimate market value; the function is to establish the price at which the property should be listed or sold.