Can I nest IFERROR functions within each other to handle multiple potential errors?

Yes, you can nest IFERROR functions. This allows you to check for different types of errors and provide specific responses for each. For example, `=IFERROR(A1/B1, IFERROR(A1*B1, "Invalid Input"))` first checks for division by zero, and if that's not the error, it checks for errors in multiplication, returning 'Invalid Input' if multiplication fails.