What is the IF function in Excel and how does it handle errors?

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Grade: Education Subject: Support
What is the IF function in Excel and how does it handle errors?
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The IF function in Excel is a logical function that returns one value if a condition is TRUE and another value if it's FALSE. When an error occurs within the IF function (e.g., dividing by zero, using an invalid comparison), Excel typically returns an error value like #VALUE!, #DIV/0!, or #NAME?. You can use IFERROR to gracefully handle these errors.