The App Store version of Excel can be differentiated from the Standard version by looking at its start menu icon, the Excel Apps icon will have a pale green background, while the standard version will only have the Icon on a transparent background.
Additionally, open the task manager while Excel is running, right click on Excel.exe in the task manager and select open file location. Verify the file path to Excel.exe matches the expected path listed above. If the path is not C:\Program Files (x86)\Microsoft Office\root\Office15 (or Office16), then the version of Excel that is open is likely the Windows App Store version.
For Locally installed version of Office 2016 and below:
Office 2019 Windows App: