Test Bank For Practical Business Math Procedures 13th Edition By Jeffrey Slater

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Test Bank For Practical Business Math Procedures 13th Edition By Jeffrey Slater

Chapter 6 Percents and Their Applications

1) A percent is the result of a number being expressed as a fraction of 100.

Answer: TRUE
Explanation: Review your notes on terminology and vocabulary related to this material.
Difficulty: 1 Easy
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Remember
Type: Static
Accessibility: Keyboard Navigation

2) 40% is 40 parts out of 1,000.

Answer: FALSE
Explanation: Review your notes on terminology and vocabulary related to this material.
Difficulty: 1 Easy
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Remember
Type: Static
Accessibility: Keyboard Navigation

3) To convert a decimal to a percent, the decimal point is moved two places to the left.

Answer: FALSE
Explanation: Review your notes on terminology and vocabulary related to this material.
Difficulty: 1 Easy
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Remember
Type: Static
Accessibility: Keyboard Navigation

4) 0.83 in percent equals 83%.

Answer: TRUE
Explanation: To convert decimal to percent, move the decimal two places to the right and add the % sign
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

5) 0.532 in percent equals 5.32%.

Answer: FALSE
Explanation: To convert decimal to percent, move the decimal two places to the right and add the % sign. 53.2%
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

6) 0.009 in percent equals .9%.

Answer: TRUE
Explanation: To convert decimal to percent, move the decimal two places to the right and add the % sign.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

7) 0.6% means 6/10 of 10%.

Answer: FALSE
Explanation: The first position after the decimal is the tenths and would be read as the tenths of 1%.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (2) Convert percents to fractions.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

8) 0.5% means 5/10 of 1%.

Answer: TRUE
Explanation: The first position after the decimal is the tenths and would be read as the tenths of 1%.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (2) Convert percents to fractions.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

9) Numbers greater than 1% in decimal will have at least two zeros in front of the number.

Answer: FALSE
Explanation: 1% in decimal would be noted as .01, and at the most there would be one zero in front of the number.
Difficulty: 1 Easy
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Remember
Type: Static
Accessibility: Keyboard Navigation

10) 8/10 of 1% is equal to 0.008.

Answer: TRUE
Explanation: A tenth of a percent would be a tenth of a hundredth, which would be three positions behind the decimal.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

11) To convert a decimal to percent, divide the number by 100 and add the % sign.

Answer: FALSE
Explanation: To convert a decimal to percent, multiply the number by 100 and add the % sign.
Difficulty: 1 Easy
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Remember
Type: Static
Accessibility: Keyboard Navigation

12) To convert a percent to a decimal, drop the percent sign and move the decimal point two places to the left.

Answer: TRUE
Explanation: The decimal in a percent value moves two positions to the left.
Difficulty: 1 Easy
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Remember
Type: Static
Accessibility: Keyboard Navigation

13) 72.4% in decimal equals 0.0724.

Answer: FALSE
Explanation: The decimal in a percent value moves two positions to the left. 0.724
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

14) 8 3/4% in decimal equals 0.00875.

Answer: FALSE
Explanation: 8 3/4% is 8.75%; to change percent to decimal, move the decimal point two places to left. .0875
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

15) 6 1/2% in decimal equals 0.065.

Answer: TRUE
Explanation: 6 1/2% is 6.5%; the decimal in a percent value moves two positions to the left.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

16) 1/4 in percent is equal to 250%.

Answer: FALSE
Explanation: 1 divided by 4 is 0.25; 1/4 in percent is 25%.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

17) 3/20 in percent is equal to 15%.

Answer: TRUE
Explanation: 3 divided by 20 is 0.15, or 15%.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

18) To convert a percent to a fraction, attach the percent sign and divide by 100.

Answer: FALSE
Explanation: Remove the percent symbol when converting a percent to a fraction.
Difficulty: 1 Easy
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (2) Convert percents to fractions.
Bloom’s: Remember
Type: Static
Accessibility: Keyboard Navigation

19) 33% converted to a fraction is 33/100.

Answer: TRUE
Explanation: Percent means divided by 100.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (2) Convert percents to fractions.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation

20) 1/7% converted to a fraction is 1/700.

Answer: TRUE
Explanation: Converting a fractional percent means multiplying by 1/100.
Difficulty: 2 Medium
Topic: LU 06-01 Conversions
Learning Objective: 06-01 (1) Convert decimals to percents (including rounding percents), percents to decimals, and fractions to percents.; 06-01 (2) Convert percents to fractions.
Bloom’s: Understand
Type: Static
Accessibility: Keyboard Navigation