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Excel IF statements explained in under 50 seconds so letamp;#39;s talk about if statements if statement requires an input that flows through a logical test this will either say yes it is true or the value of yes or it will say no this is false and return a value of no Excel uses a very similar syntax it has a logical test value of True Value if false letamp;#39;s look at an example we want to test if our manager is Steve so if E3 is equal to Steve which is our test criteria and what we want to test the manager column we want to return Steve if it is not equal to Steve or if our value is false we want to return other