TEST BANK
Practical Business Math Procedures
By Jeffrey Slater and Sharon M. Wittry
N
U
R
SE
D
O
C
S
,TABLE OF CONTENT
CHAPTER 1: Whole Numbers: How to Dissect and Solve Word Problems
CHAPTER 2: Fractions
CHAPTER 3: Decimals
CHAPTER 4: Banking
CHAPTER 5: Solving for the Unknown: A How-to Approach for Solving Equations
CHAPTER 6: Percents and Their Applications
N
CHAPTER 7: Discounts: Trade and Cash
CHAPTER 8: Markups and Markdowns: Perishables and Breakeven Analysis
U
CHAPTER 9: Payroll
CHAPTER 10: Simple Interest
R
CHAPTER 11: Promissory Notes, Simple Discount Notes, and the Discount Process
SE
CHAPTER 12: Compound Interest and Present Value
CHAPTER 13: Annuities and Sinking Funds
CHAPTER 14: Installment Buying
CHAPTER 15: The Cost of Home Ownership
D
CHAPTER 16: How to Read, Analyze, and Interpret Financial Reports
O
CHAPTER 17: Depreciation
CHAPTER 18: Inventory and Overhead
C
CHAPTER 19: Sales, Excise, and Property Taxes
CHAPTER 20: Life, Fire, and Auto Insurance
S
CHAPTER 21: Stocks, Bonds, and Mutual Funds
CHAPTER 22: Business Statistics
,Student name:__________
The Blueprint Aid for dissecting and solving a word problem serves to decrease math anxiety.
true
false
Commas separate a number into groups every three digits from right to left.
N
true
false
U
R
Place value of the hundreds position is to the right of the tens position.
true
SE
false
4,986 in verbal form is written as four thousand, nine hundred eighty-six.
D
true
false
O
C
Rounding approximates actual answers.
true
S
false
Rounding all the way means there are two nonzero digits left.
true
false
Version 1 1
, The first step in rounding is to identify the place value of the digit to be rounded.
true
false
In the second step of rounding, look at the digit to the right of the identified digit you want to
N
round. If the digit to the right is less than 5, increase the identified digit by 1.
true
U
false
R
42,515 rounded to the nearest thousand is 43,000.
SE
true
false
D
1,786 rounded to the nearest ten is 1,780.
true
O
false
C
258 rounded all the way is 300.
S
true
false
Numbers added together are called sums.
true
Version 1 2
Practical Business Math Procedures
By Jeffrey Slater and Sharon M. Wittry
N
U
R
SE
D
O
C
S
,TABLE OF CONTENT
CHAPTER 1: Whole Numbers: How to Dissect and Solve Word Problems
CHAPTER 2: Fractions
CHAPTER 3: Decimals
CHAPTER 4: Banking
CHAPTER 5: Solving for the Unknown: A How-to Approach for Solving Equations
CHAPTER 6: Percents and Their Applications
N
CHAPTER 7: Discounts: Trade and Cash
CHAPTER 8: Markups and Markdowns: Perishables and Breakeven Analysis
U
CHAPTER 9: Payroll
CHAPTER 10: Simple Interest
R
CHAPTER 11: Promissory Notes, Simple Discount Notes, and the Discount Process
SE
CHAPTER 12: Compound Interest and Present Value
CHAPTER 13: Annuities and Sinking Funds
CHAPTER 14: Installment Buying
CHAPTER 15: The Cost of Home Ownership
D
CHAPTER 16: How to Read, Analyze, and Interpret Financial Reports
O
CHAPTER 17: Depreciation
CHAPTER 18: Inventory and Overhead
C
CHAPTER 19: Sales, Excise, and Property Taxes
CHAPTER 20: Life, Fire, and Auto Insurance
S
CHAPTER 21: Stocks, Bonds, and Mutual Funds
CHAPTER 22: Business Statistics
,Student name:__________
The Blueprint Aid for dissecting and solving a word problem serves to decrease math anxiety.
true
false
Commas separate a number into groups every three digits from right to left.
N
true
false
U
R
Place value of the hundreds position is to the right of the tens position.
true
SE
false
4,986 in verbal form is written as four thousand, nine hundred eighty-six.
D
true
false
O
C
Rounding approximates actual answers.
true
S
false
Rounding all the way means there are two nonzero digits left.
true
false
Version 1 1
, The first step in rounding is to identify the place value of the digit to be rounded.
true
false
In the second step of rounding, look at the digit to the right of the identified digit you want to
N
round. If the digit to the right is less than 5, increase the identified digit by 1.
true
U
false
R
42,515 rounded to the nearest thousand is 43,000.
SE
true
false
D
1,786 rounded to the nearest ten is 1,780.
true
O
false
C
258 rounded all the way is 300.
S
true
false
Numbers added together are called sums.
true
Version 1 2
