What does the term "cell reference" refer to in a spreadsheet?

The term "cell reference" in a spreadsheet refers to the address of a cell that identifies its location. This address is usually made up of a combination of letters and numbers, where the letters denote the column and the numbers denote the row. For example, in the cell reference "B2," "B" indicates the column, and "2" indicates the second row. Cell references are crucial in spreadsheet modeling as they are used to refer to specific data points within calculations, formulas, and functions, allowing users to analyze and manipulate their data efficiently.

Unlike the other choices that describe different aspects of a spreadsheet, the cell reference itself is specifically about the way a cell is identified and located within the grid of the spreadsheet. The content within the cell pertains to the actual data or value stored, while a label for formatting relates to how data is visually presented. Comments added to a cell are annotations that provide additional information, but they do not affect the functionality of cell references in calculations or data retrieval.