Practical Business Math
Procedures 14th Edition
ST
UV
TEST BANK
IA
_A
PP
Jeffrey Slater
RO
Comprehensive Test Bank for Instructors
VE
and Students
D?
© Jeffrey Slater. All rights reserved. Reproduction or distribution without permission is
prohibited.
?
©MEDGEEK
, TABLE OF CONTENTS
Test Bank – Practical Business Math Procedures, 14th Edition (ISBN
9781266015526)
Jeffrey Slater, Sharon Wittry
ST
Chapter 1. Whole Numbers — How to Dissect and Solve Word Problems,
Chapter 2. Fractions,
UV
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,
IA
Chapter 7. Discounts — Trade and Cash,
Chapter 8. Markups and Markdowns — Perishables and Breakeven Analysis,
Chapter 9. Payroll,
_A
Chapter 10. Simple Interest,
Chapter 11. Promissory Notes, Simple Discount Notes, and the Discount
Process,
Chapter 12. Compound Interest and Present Value,
PP
Chapter 13. Annuities and Sinking Funds,
Chapter 14. Installment Buying,
Chapter 15. The Cost of Home Ownership,
Chapter 16. How to Read, Analyze, and Interpret Financial Reports,
Chapter 17. Depreciation,
RO
Chapter 18. Inventory and Overhead,
Chapter 19. Sales, Excise, and Property Taxes,
Chapter 20. Life, Fire, and Auto Insurance,
Chapter 21. Stocks, Bonds, and Mutual Funds,
Chapter 22. Business Statistics
VE
D?
?
©MEDGEEK
, Student name:__________
1) The Blueprint Aid for dissecting and solving a word problem serves to decrease math anxiety.
⊚ true
⊚ false
ST
2) Commas separate a number into groups every three digits from right to left.
⊚ true
UV
⊚ false
3) Place value of the hundreds position is to the right of the tens position.
⊚ true
IA
⊚ false
_A
4) 4,986 in verbal form is written as four thousand, nine hundred eighty-six.
⊚ true
⊚ false
PP
5) Rounding approximates actual answers.
⊚ true
⊚ false
RO
6) Rounding all the way means there are two nonzero digits left.
⊚ true
⊚ false
VE
7) The first step in rounding is to identify the place value of the digit to be rounded.
⊚ true
⊚ false
D?
?
Version 1 1
, 8) In the second step of rounding, look at the digit to the right of the identified digit you want to
round. If the digit to the right is less than 5, increase the identified digit by 1.
⊚ true
⊚ false
ST
9) 42,515 rounded to the nearest thousand is 43,000.
⊚ true
UV
⊚ false
10) 1,786 rounded to the nearest ten is 1,780.
⊚ true
IA
⊚ false
_A
11) 258 rounded all the way is 300.
⊚ true
⊚ false
PP
12) Numbers added together are called sums.
⊚ true
⊚ false
RO
13) The total of addends is called the sum.
⊚ true
⊚ false
VE
14) For numbers with more than one digit, adding is always done from bottom to top.
⊚ true
⊚ false
D?
15) The opposite of addition is subtraction.
⊚ true
⊚ false
?
Version 1 2
Procedures 14th Edition
ST
UV
TEST BANK
IA
_A
PP
Jeffrey Slater
RO
Comprehensive Test Bank for Instructors
VE
and Students
D?
© Jeffrey Slater. All rights reserved. Reproduction or distribution without permission is
prohibited.
?
©MEDGEEK
, TABLE OF CONTENTS
Test Bank – Practical Business Math Procedures, 14th Edition (ISBN
9781266015526)
Jeffrey Slater, Sharon Wittry
ST
Chapter 1. Whole Numbers — How to Dissect and Solve Word Problems,
Chapter 2. Fractions,
UV
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,
IA
Chapter 7. Discounts — Trade and Cash,
Chapter 8. Markups and Markdowns — Perishables and Breakeven Analysis,
Chapter 9. Payroll,
_A
Chapter 10. Simple Interest,
Chapter 11. Promissory Notes, Simple Discount Notes, and the Discount
Process,
Chapter 12. Compound Interest and Present Value,
PP
Chapter 13. Annuities and Sinking Funds,
Chapter 14. Installment Buying,
Chapter 15. The Cost of Home Ownership,
Chapter 16. How to Read, Analyze, and Interpret Financial Reports,
Chapter 17. Depreciation,
RO
Chapter 18. Inventory and Overhead,
Chapter 19. Sales, Excise, and Property Taxes,
Chapter 20. Life, Fire, and Auto Insurance,
Chapter 21. Stocks, Bonds, and Mutual Funds,
Chapter 22. Business Statistics
VE
D?
?
©MEDGEEK
, Student name:__________
1) The Blueprint Aid for dissecting and solving a word problem serves to decrease math anxiety.
⊚ true
⊚ false
ST
2) Commas separate a number into groups every three digits from right to left.
⊚ true
UV
⊚ false
3) Place value of the hundreds position is to the right of the tens position.
⊚ true
IA
⊚ false
_A
4) 4,986 in verbal form is written as four thousand, nine hundred eighty-six.
⊚ true
⊚ false
PP
5) Rounding approximates actual answers.
⊚ true
⊚ false
RO
6) Rounding all the way means there are two nonzero digits left.
⊚ true
⊚ false
VE
7) The first step in rounding is to identify the place value of the digit to be rounded.
⊚ true
⊚ false
D?
?
Version 1 1
, 8) In the second step of rounding, look at the digit to the right of the identified digit you want to
round. If the digit to the right is less than 5, increase the identified digit by 1.
⊚ true
⊚ false
ST
9) 42,515 rounded to the nearest thousand is 43,000.
⊚ true
UV
⊚ false
10) 1,786 rounded to the nearest ten is 1,780.
⊚ true
IA
⊚ false
_A
11) 258 rounded all the way is 300.
⊚ true
⊚ false
PP
12) Numbers added together are called sums.
⊚ true
⊚ false
RO
13) The total of addends is called the sum.
⊚ true
⊚ false
VE
14) For numbers with more than one digit, adding is always done from bottom to top.
⊚ true
⊚ false
D?
15) The opposite of addition is subtraction.
⊚ true
⊚ false
?
Version 1 2
