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497 Contribution ReportAmounts may be rounded to whole dollars.NAME OF Filtrate of This Filing Janice Marvin for Mayor 2020 AREA CODE/PHONE NUMBER1.0. NUMBER (if applicable)1309105 STREET ADDRESS09/28/20Report
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Amounts may be rounded refers to the practice of adjusting numerical values to the nearest whole number or specified decimal place for reporting purposes, often for simplicity and clarity.
Individuals and entities that are required to report financial figures or tax information on official documents may be required to apply rounding rules to their amounts.
To fill out amounts that may be rounded, determine the appropriate rounding method (e.g., rounding up or down) and apply it consistently to the financial figures before entering them on the form.
The purpose of rounding amounts is to simplify the figures for easier comprehension and to prevent discrepancies in financial reporting.
The information that must be reported typically includes total income, expenses, gains, and losses, all of which may be rounded to enhance clarity.
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