One hundred centimeters "is" one meter.

[sitifan]

1. One hundred centimeters is one meter. (quoted from Hanlin Junior High English, Book 4, page 43, my bold)
2. One hundred centimeters are one meter. (written by a Chinese)
Are the above sentences acceptable to native speakers?

 

[5jj]

The first is.

One hundred centimetres is considered a single length. See also:

$1,000,000 is a lot of money.
Ten miles is a long way to walk to school.