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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Rounding calculations
Hi
If the question requires us to round the numbers to the nearest hundreds while preparing the fiancial statements , does that mean the final answers ? if we get the answer using the sum function eg; 5668 , must we get rid of the function and type in 5700.
Hi,
Based on what you’ve said above then yes as 5,668 is 5,700 to the nearest hundred. In the exam though we’re usually rounding to the nearest thousand.
Thanks
