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Place Value Periods
In the place value system, digit positions are organized into groups of three called periods. From right to left, these periods are ones, thousands, millions, billions, and trillions, continuing further for larger numbers. Each period contains three places: a hundreds place, a tens place, and a ones place (e.g., the thousands period has the hundred-thousands, ten-thousands, and thousands places). In written numbers, commas are used to separate adjacent periods.
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Elementary Algebra @ OpenStax
Algebra
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Place Value Periods
Identifying Place Values of Digits in a Whole Number
Rounding Whole Numbers
A logistics manager is reviewing a warehouse inventory report that shows a total of 4,618,295 items in stock. In this number, which digit is located in the hundred-thousands place?
A corporate accountant is reviewing a quarterly revenue report showing a total of $7,419,258. Match each digit from this revenue figure to its correct place value name.
A corporate financial report shows a total annual revenue of $9,380,000. In this number, the digit 3 is located in the ____ place.
A warehouse manager is organizing inventory records and needs to arrange data columns by the magnitude of the quantities recorded. Arrange the following place value positions in order from the least value (at the top) to the greatest value (at the bottom).
A shipping company's annual operations report shows a total of 4,291,503 packages delivered. In this number, the digit 2 is located in the hundred-thousands place.
Defining the Place Value System
Inventory Data Integrity in Logistics
The Principle of Place Value in Corporate Data Management
A corporate auditor is training a new clerk on how to identify 'decimal errors' in financial reports. The auditor explains that if a digit in a whole number is accidentally shifted one position to the left, its value increases significantly. In our standard place value system, moving a digit exactly one position to the left increases its value by a factor of:
A corporate payroll manager is reviewing a total annual expenditure of $5,278,194. According to the place value system, what is the exact numerical value represented by the digit 7 in this total?
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Naming a Whole Number in Words
A financial auditor is reviewing a company's multi-year revenue statement. Arrange the following place value periods in the correct order as they appear in a large whole number, starting from the right (the smallest values) and moving to the left.
A government auditor is reviewing a national infrastructure budget totaling 512,903,746,000 dollars. Match each group of digits from this budget figure to the name of its corresponding place value period.
A data entry clerk is formatting a large spreadsheet for a company's annual budget. According to the standard place value system, how many digit positions are contained within every period, such as the thousands or millions period?
A logistics manager is reviewing an inventory report that tracks a total of 125,000,000 items. In the standard place value system, the technical term for each group of three digit positions—such as the ones, thousands, or millions—is a(n) ____.
Identifying Positions within the Thousands Period
A data entry clerk is entering a corporate budget figure into a spreadsheet. In the standard place value system, commas are used to separate every individual digit position (e.g., separating the tens place from the ones place) to ensure accuracy.
Inventory Systems and Data Organization
Standardized Organization of Large Numbers in Financial Reports
A financial auditor is reviewing a corporate ledger that includes figures in the billions of dollars. Within any given place value period, such as the thousands or millions period, what are the three specific place values that make up that period, ordered from right to left?
A budget auditor is reviewing national expenditure reports that exceed several hundred billion dollars. In the standard organization of large numbers, what is the name of the period located immediately to the left of the billions period?