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Business
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Practical Business Math Procedures
Quiz 1: Whole Number: How to Dissect and Solve Word Problems
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Question 21
True/False
Rounding up occurs if the digit to the right of the identified digit is 5 or less.
Question 22
True/False
Short division is rarely done when the divisor is one digit.
Question 23
True/False
Numbers added together are called sums.
Question 24
True/False
The multiplicand times the product equals the multiplier.
Question 25
Multiple Choice
Lee Co. carpeted its offices, requiring 310 square yards of commercial carpet. The total cost of the carpet at Home Depot was $10,230. How much did Lee pay per square yard?
Question 26
True/False
Borrowing in subtraction results in changing positional notation.
Question 27
True/False
Multiplication is a shortcut to addition.
Question 28
True/False
Division is the reverse of multiplication.
Question 29
Multiple Choice
Adding 1,690 + 88 + 410 + 30 results in a sum of:
Question 30
Multiple Choice
At a General Electric Plant they produced 12,000 jet engines in May. General Electric was able to sell 11,000 of these engines. Calculate the total ending inventory cost assuming each engine cost $290,000.
Question 31
True/False
The first step in rounding is to identify the place value of the digit to be rounded.
Question 32
Multiple Choice
At Best Buy a flat screen television with a regular price of $1,790 was reduced by $395. Assuming 800 customers purchased the television, what were the total sales to Best Buy?
Question 33
True/False
Divisor plus quotient + remainder = dividend.
Question 34
True/False
The total of addends is called the sum.
Question 35
True/False
Zeros at the end of the multiplier and/or multiplicand are never attached to the product.
Question 36
True/False
Adding is always done from bottom to top.
Question 37
Multiple Choice
The decision-making process does not involve:
Question 38
Multiple Choice
Janet Woo received the following grades in an accounting class at Mclennan Community College: 65, 80, 70, 100, 75, and 90. The instructor said he would drop the lowest grade. What is Janet's average?