1. The problem is to understand how dividing a number by 100 affects the position of its digits, specifically the decimal point. 2. When you divide a number by 10, the decimal point moves one place to the left. 3. Since 100 is $10^2$, dividing by 100 moves the decimal point two places to the left. 4. For example, dividing 345 by 100: $$345 \div 100 = 3.45$$ Here, the decimal point moved two places left from the end of 345 (which is 345.0). 5. This means each digit shifts two places to the right in terms of place value (hundreds to ones, tens to tenths, ones to hundredths). 6. Therefore, the correct statement is: "Dividing by 100 moves the decimal two places to the left."