Why do bookkeepers use scientific notation?

Answer 1

Bookkeepers do not normally use scientific notation. They usually use numbers to 2-decimal places.

Answer 2

Bookkeepers use scientific notation in order to represent very large or very small numbers in a more concise and manageable format. By using scientific notation, bookkeepers are able to express numbers in terms of a coefficient and a power of 10, making it easier to perform calculations and interpret financial data. Additionally, scientific notation helps in maintaining accuracy and consistency when dealing with numbers of varying magnitudes.