Precedents are the cells that a formula uses. Say you have the following formula in a cell:
=A2+C12-D10
Then the cells A2, C12 and D10 are the precedents of the formula. The formula is using values that are in them. You use Trace Precedents to find those cells and highlight them on the Spreadsheet. If you are having a problem with formulas you can highlight the cells to be able to see which ones are being used. One way of doing it is to select the cell and then press the CTRL key and also the [ key. You can also use the Auditing toolbar to do it.
It works basicly the same way in both versions, but the commands are in different locations. The command is on the Formulas ribbon in Excel 2007 and the Tools - Formula Auditing menu in Excel 97-2003. See related links for an animated tutor of how to use trace precedents.
You can use the Formula Auditng which includes the Evaluate facility and Trace Precedents, which would be useful.
You use the auditing tools, which include the trace precedents and trace dependents commands.
The "Trace Precedents" feature in Excel is used to identify the cells that are referenced in a specific formula. By using this feature, you can visualize the relationship between different cells in a spreadsheet and understand the source of data being used in a particular calculation. This helps in tracking the flow of information and ensuring the accuracy of your calculations.
You use a facility called formula auditing. You can then use Trace Precedents to see what cells are referenced by a formula. You use Trace Dependents to see which cells use the active cell. You can also press Ctrl and the [ key to trace precendents and Ctrl and the ] key to trace dependents.
Precedents cases a case previously decided that serves as a legal guide for the resolution of subsequent cases.
In Excel 2007, on the Formulas ribbon, select the Error Checking option in the Formula Auditing section.
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Lower courts do not department from precedents, they must follow the rulings of higher courts. Lateral courts have precedent that is not binding and does not have to be followed.