Sherrie Ann
VLOOKUP will go from top to bottom and then when it finds a match it will take the value from x number of columns to the right. (Signified by the offset attribute).
Therefore if you are sure that the match you want to find is the first from the top, that is the value that is returned.
VLOOKUP has a last parameter of TRUE or FALSE. FALSE will find exact matches only and return an #N/A error if not match is found. TRUE relies upon the data being sorted in ascending order. It then finds either the first exact match or the largest value that is nearest to the exact match in value (Either largest text value or numeric). If you do not put a last parameter it is the same as TRUE
=VLOOKUP(WhatToLookUp,WhereToLookItUp,HowManyColumnsToOffset,TRUE/FALSE)
Regards
Nick Hodge
Microsoft MVP, Excel
Southampton, UK