IFS

IFS(logical_test1, value_if_true1 [,logical_test2, value_if_true2] [..])

Returns the value based on multiple True or False conditions.

logical_test1Condition that evaluates to True or False.
value_if_true1Result if the logical value evaluates to True.
logical_test2(Optional) Condition that evaluates to True or False.
value_if_true2(Optional) Result if the logical value evaluates to True.

REMARKS
* This function was added in Excel 2019 to remove nested IF functions.
* For an illustrated example refer to the page under Advanced Functions
* For an overview of conditional formulas refer to this page
* This function is not case sensitive when matching text strings.
* This function does not support wildcards (? and *).
* It is possible to specify a default value by adding a condition that will always be true as your last condition.
* If you do not provide a corresponding value for each logical test then the pop up message "you have entered too few arguments for this function" is displayed.
* If any logical_text argument does not evaluate to either True or False, then #VALUE! is returned.
* You can have a maximum of 127 (logical_tests and values).
* If no conditions are found, then #N/A! is returned.
* If the function is not available, then #NAME? is returned.
* You can use the IF function to return a value based on one condition.
* You can use the IFERROR function to return the value or something else if it evaluates to an error.
* You can use the SWITCH function to return a value based on a list of exact matches.
* For the Microsoft documentation refer to support.microsoft.com
* For the Google documentation refer to support.google.com

 AB
1=IF(B2<10,10,IF(B2<=20,20,IF(B2<=30,30,IF(B2<=40,40,"over 40")))) = 2010
2=IFS(B2<10,10,B2<=20,20,B2<=30,30,B2<=40,40,B2>40,"over 40") = 2014
3=IF(B4="one",1,IF(B4="two",2,IF(B4="three",3,IF(B4="four",4,5)))) = 141
4=IFS(B4="one",1,B4="two",2,B4="three",3,B4="four",4,ISTEXT(B4)=TRUE,5) = 1one
5=SWITCH(B4,"one",1,"two",2,"three",3,"four",5) = 1two
6=IFS(B1=10,B4,B2=20,B5) = one 
7=IFS(B2=15,B4,B2=20,B5) = #N/A 
8=IFS(B1>10,"false",TRUE,"something else") = something else 
9=IFS(FALSE,"1stFalse",FALSE,"2ndFalse",TRUE,"1stTrue") = 1stTrue 
10=IFS(B1*"some text","not logical") = #VALUE! 
11=IFS(B1>10,"B1",B2>20,"B2",B3<30,"B3") = #N/A 

1 - What value is returned when cell "B2" equals 14 using nested IF functions.
2 - What value is returned when cell "B2" equals 14 without nested IF functions.
3 - What value is returned when cell "B4" equals "one" using nested IF functions.
4 - What value is returned when cell "B4" equals "one" without nested IF functions.
5 - What value is returned when cell "B4" equals "one" using the SWITCH function.
6 - What value is returned when the logical test "B1=10" is evaluated.
7 - What value is returned when the logical test "B2=15" is evaluated.
8 - What value is returned when the logical text "B1>10" is evaluated.
9 - What is returned when the first two logical tests evaluate to False.
10 - What is returned when the logical test is not a valid expression.
11 - What is returned when none of the logical tests are True.

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