1. The number 8,346 written in verbal form is: a. eight thousand, four hundred thirty six b. eight thousand, three hundred forty six c. eight thousand, three hundred six d. eight thousand and three hundred forty six Q2. In the number 5,392 there are how many tens? a. 9 b. 5 c. 3 d. 2 Q3. In the number 5,392 there are how many tens? a. 9 b. 5 c. 3 d. 2 e. all of the above Q4. If there were 138 people at a party and 414 finger sandwiches were eaten, on average, how many sandwiches did each person consume? a. 4 b. 3 c. 30 d. 7 e. none of the above Q5. Find the total of the following list of numbers: 1,525; 2,681; 380; 215; 15,018 a. 19,819 b. 19,891 c. 19,882 d. 19,855 Q6. Seven thousand twenty-two would be written numerically as: a. 7,220 b. 7,202 c. 7,022 d. 7,222 Q7. In a division problem that comes out evenly (with no remainder), the dividend always equals the __________________ times the ___________________. a. remainder, divisor b. divisor, quotient c. quotient, remainder d. dividend, divisor e. none of the above Q8. In a division problem that comes out evenly (with no remainder), the dividend always equals the __________________ times the ___________________. a. remainder, divisor b. divisor, quotient c. quotient, remainder d. dividend, divisor Q9. The original amount, in a subtraction problem, is called the: a. minuend b. difference c. borrowing Q10. Estimate the difference between 941,601 and 566,189 by rounding each term to the nearest thousand before subtracting. a. 374,800 b. 374,600 c. 374,780 d. 376,000 Q11. The dividend or number being divided in a fraction is called the: a. denominator b. divisor c. GCD d. numerator Q12. The Least Common Denominator of 2/6 and 74/24 is: a. 12 b. 6 c. 4 d. 3 Q13. A fraction indicates what mathematical function? a. multiplication b. subtraction c. division d. addition e. all of the above Q14. A fraction indicates what mathematical function? a. multiplication b. subtraction c. division d. addition Q15. There are 10-3/4 inches of wire available Mary requires 6-1/8 times that amount. How many inches of wire does she need? a. 126-27/32 b. 44-3/32 c. 4-2/49 d. 65-27/32 e. none of the above Q16. The Least Common Denominator of 1/3 and 1/5 is: a. 15 b. 5 c. 3 d. 8 Q17. To reduce a fraction to its lowest terms: a. subtract the same number from the numerator and the denominator b. multiply the numerator and denominator by the same number c. divide the numerator and denominator by the same number d. add the same number to the numerator and the denominator Q18. Janice mixes her own bird seed. She recently purchased 7/8 pounds of sunflower seed, 7-1/2 pounds of cracked corn, and 6-5/8 pounds of millet. After mixing the seed, how many pounds of bird seed did she have? a. 15 b. 14-7/8 c. 147/8 d. 13-13/8 e. 14-15/16 Q19. Find the difference between 1/5 and 1/7 a. 2/35 b. 5/14 c. 1/2 d. 5/7 e. 7/5 Q20. Change 9/32 into a fraction with a denominator of 4512. a. 108/4512 b. 122/4512 c. 1101/4512 d. 1269/4512 e. 1268/4512 Q21. The Johnsons wish to remodel their home. Their contractor has estimated a cost of $24,000.00 with interest for five years of $2,752.20. If they make 60 equal monthly payments, what will their payments be? a. $445.87 b. $540.00 c. $400.87 d. $455.00 e. none of the above Q22. A big screen television set had a list price of $3,495.00. The price was reduced by $275.00 for a recent sale. If 650 sets were sold, what were the total sales to the store? a. $2,100,000.00 b. $2,271,750.00 c. $2,093,000.00 d. $2,039,000.00 Q23. The product of 74.66 x 8.1 is: a. 60.4749 b. 604.746 c. 6,047.46 d. 60.4746 Q24. Daily sales were: Wednesday $5,820.00, Thursday $6,152.00, Friday $8,323.00, Saturday $8,570.00, and Sunday $7,473.00. What were total sales for the five day period? a. $36,388.00 b. $36,311.00 c. $36,338.00 d. $36,347.00 Q25. Jesse borrowed $16,000.00 to purchase a new car. He borrowed the money for 30 months. If the interest charge was $2,917.10, what were his monthly payments? a. $630.57 b. $533.33 c. $663.00 d. $630.00 e. none of the above Q26. The difference between 27.10694 and 14.03 rounded to the nearest thousandth is: a. 13.0769 b. 13.08 c. 13.10 d. 13.077 Q27. The monetary system of the United States is based on: a. Roman numerals b. whole numbers c. decimals d. fractions Q28. 58.0616 rounded to the nearest tenth is: a. 58.1 b. 58.00 c. 58.06 d. 58.062 Q29. Jesse borrowed $16,000.00 to purchase a new car. He borrowed the money for 30 months. If the interest charge was $2,917.10, what were his monthly payments? a. $630.57 b. $533.33 c. $663.00 d. $630.00 Q30. The position of a digit in a decimal determines its: a. value b. place c. size d. location Q31. William received his bank statement from Trader's Bank indicating an ending balance of $6,206.55. William's checkbook showed a balance of $5,549.30. William noticed that $759.00 in checks were outstanding. The bank statement reflected an NSF charge in the amount of $86.75 and a monthly service charge of $15.00. The checkbook register balance that should have been shown was: a. $5,477.55 b. $5,447.55 c. $5,549.30 d. $6,206.55 Q32. A debit memorandum discovered during the reconciliation process should be: a. added to the bank statement balance of cash b. deducted from the bank statement balance of cash c. deducted from the book balance of cash d. added to the book balance of cash Q33. Outstanding checks: a. have been presented to the bank and paid b. are the bank's checks c. are the checks that are returned to the payor d. have not yet been received and processed by the bank Q34. The checkbook balance of Sunfresh, Inc. is $6,917.63. The bank statement shows a balance of $8,737.35. The bank statement showed interest earned in the amount of $59.60, a service charge of $37.25, and an outstanding deposit of $2,848.89. Outstanding checks totaled $837.38. The bookkeeper noticed the collection of a note by the bank for $4,270.40. Sunfresh, Inc. forgot to deduct a check for $461.52. Their reconciled balance is: a. $10,784.86 b. $6,478.46 c. $10,748.68 d. $10,748.86 Q35. In a bank statement reconciliation, which of the following should be added to the bank statement balance? a. bank service charge b. collection of a note by the bank c. outstanding deposits d. outstanding checks Q36. On a deposit slip, checks are normally listed: a. in order of amount b. as a lump c. separately d. alphabetically Q37. In a bank statement reconciliation, which of the following should be added to the bank statement balance? a. bank service charge b. collection of a note by the bank c. outstanding deposits d. outstanding checks e. all of the above Q38. The checkbook should be credited when a memorandum for which of the following is received? a. service charge b. NSF c. overdraft charge d. interest earned Q39. The fee a bank charges for maintaining a checking account is referred to as a(n): a. service charge b. NSF charge c. returned check charge d. ATM charge Q40. William received his bank statement from Trader's Bank indicating an ending balance of $6,206.55. William's checkbook showed a balance of $5,549.30. William noticed that $759.00 in checks were outstanding. The bank statement reflected an NSF charge in the amount of $86.75 and a monthly service charge of $15.00. The checkbook register balance that should have been shown was: a. $5,477.55 b. $5,447.55 c. $5,549.30 d. $6,206.55 e. none of the above