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11:03 Nov 25, 2013
English to French translations [PRO] Other / school
No, that's not at all what it means; 'place value' refers to the value given by the place of a digit in a number; so in the number 1234.56, the '1' is in the 'thousands' place, the '2' in the 'hundreds', the '3' in the 'tens', the '4' in the 'units', the '5' in the 'tenths' and so on.
So your text means that this child is able to identify place values going down to two decimal places.