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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.
Excel OR Function. The OR function is a logical function to test multiple conditions at the same time. OR returns either TRUE or FALSE. For example, to test A1 for either x or y, use =OR(A1=x,A1=y). The OR function can be used as the logical test inside the IF function to avoid extra nested IFs, and can be combined with the AND function. Purpose.