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NameChapter 3, Lesson 6 ReteachDateEstimate or Exact?CA Standards MR 2.5, NS 1.1This table shows how many people in California are enrolled in school. Example 1: Need an exact answer How many more
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The estimate is an approximate calculation or judgement of the value, number, quantity, or extent of something. Exact refers to something that is accurate, precise, or definite.
Individuals, businesses, or organizations required to report financial information to tax authorities are typically required to file estimates or exact figures.
Estimates or exact figures are usually filled out on specific forms provided by the tax authorities. The detailed instructions on how to fill out the forms are usually available on the official website of the tax authorities.
The purpose of filing estimates or exact figures is to provide accurate financial information to tax authorities for the assessment of taxes, compliance with regulations, and to ensure transparency and accountability.
The information that must be reported on estimates or exact figures typically includes income, expenses, deductions, credits, assets, and liabilities.
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