Chapter 2 when Dealing With Monetary Numbers The Term

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subject Authors Anthony J. Strianese, Pamela P. Strianese

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Chapter 2Numbers, Symbols of Operations, and the Mill
TRUE/FALSE
1. A numeral is a standard quantity or amount.
2. Digits are any of the numerals that combine to form numbers.
3. 4, 89, 318, and XVIII are numerals because they express numbers.
4. The group of digits “456” in the numeral 123,456,789 is called a place value.
5. Commas are used to separate periods.
6. In the numeral 23,679, the 2 is in the ten-thousandths place.
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7. When dealing with monetary numbers, the term cent is used to represent the value of one
hundredth part of a dollar.
8. The third place to the right of the decimal is called a mill and represents one-tenth of a
dollar.
MULTIPLE CHOICE
1. _____ are numbers such as 6, 3, 1, and 7 that are used to represent whole units rather than
fractional units.
a.
Numerals
b.
Units
c.
Digits
d.
Whole numbers
2. There are _____ digit(s).
a.
100
b.
5
c.
10
d.
1
3. _____ are used to represent or express numbers.
a.
Units
b.
Numerals
c.
Whole numbers
d.
Digits
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4. In a whole number, commas separate _____.
a.
periods
b.
fractions
c.
place value
d.
decimals
5. In the number 987, the “9” represents the _____ place value.
a.
tenths
b.
hundreds
c.
tens
d.
hundredths
6. When writing words or numbers on a check, always start _____.
a.
using capital letters
b.
in the middle
c.
at the far left
d.
at the far right
7. The number 3,828 is correctly read as “_____.”
a.
thirty-eight hundred twenty-eight
b.
three thousand eight hundred twenty-eight
c.
three thousand and eight hundred twenty-eight
d.
three thousandths and eight hundred twenty-eight hundredths
8. Which of the following is a basic mathematic operation?
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a.
multiplication
b.
fraction bar
c.
decimal point
d.
@ (at or per)
9. When dealing with monetary numbers, the term _____ is used to represent the value of one
hundredth part of a dollar.
a.
dime
b.
cent
c.
mill
d.
dollar
NUMERIC RESPONSE
Change the following amounts to the nearest cent using the mill.
1. $4.78011
2. $0.023
3. $174.6422
4. $21.5994
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5. $9.9999
COMPLETION
1. ____________________ ____________________ are numbers such as 0, 1, 2, 3, 4, 5, 6, 7,
8, and 9, which are used to represent whole units rather than fractional units.
2. A ____________________ is a standard quantity or amount.
3. ____________________ are used to represent or express numbers.
4. ____________________ are any of the numerals that combine to form numbers.
5. In large groups of numbers made up of four or more digits, the digits are placed into groups
of three. Each of these groups is called a(n) ____________________.
6. A(n) ____________________ is used to represent the value of one hundredth part of a
dollar.
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7. The third place to the right of the decimal is called a(n) ____________________ and
represents the thousandth part of a dollar, or one-tenth of one cent.
In the problems or statements following, the symbol of operation has been omitted. In each
instance, determine the symbol that should be placed in the blank.
8. 975 _______________ 25 = 950
9. 975 _______________ 25 = 24,375
10. 975 _______________ 25 = 1,000
11. 975 _______________ 25 = 39
12. 12 _______________ 10 + 20 = 42
13. 12 _______________ 10 + 20 = 140
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14. 12 _______________ 10 + 20 = 22
15. The waitstaff in a restaurant usually receives a 20_______________ gratuity.
16. A dozen eggs at the market costs _______________1.99.
17. The Fireside Inn kept its labor cost for March at 28_______________.
18. A steak house bought rib roasts _______________ $14.50 per pound.
19. Used to separate whole numbers from decimal fractions. ____________________
20. 45682364
21. 90000000000
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22. 1234567
23. 6346
24. 5324907085620
MATCHING
Match the following chapter terms with their definition.
a.
whole numbers
e.
period
b.
unit
f.
cent
c.
numerals
g.
mill
d.
digits
1. The value of one hundredth part of a dollar
2. In large groups of numbers made up of four or more digits, the digits are placed into groups
of three
3. Represents the thousandth part of a dollar
4. A standard quantity or amount
5. Numbers such as 0, 1, 2, 3, 4, 5, 6, 7, 8, and 9, which are used to represent whole units
rather than fractional units
6. Numerals that combine to form numbers
7. Used to represent or express numbers
Match the following mathematical symbols to their meaning.
a.
+
f.
.
b.
g.
=
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c.
h.
$
d.
÷
i.
@
e.
%
8. Placed before a number to indicate that it stands for a number of dollars
9. Parts per 100
10. The same value
11. The product of
12. Increase by
13. Take away from
14. Indicates the beginning of a decimal fraction
15. Indicates price or weight of each unit when there is a quantity of a unit
16. Divided by

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