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The IF function is one of the most popular and useful functions in Excel. You use the IF function to ask Excel to test a condition and to return one value if the condition is met, and another value if the condition is not met.
The IF function in Excel can be nested, when you have multiple conditions to meet. The FALSE value is being replaced by another If function to make a further test. For example, look at the formula below. 1a. If cell A1 equals 1, the function returns Bad. 1b. If cell A1 equals 2, the function returns Good.