As pennies vanish from the American landscape, many businesses are clamoring for federal guidance on how to handle cash ...

Retailers will need to round transactions up or down to the nearest 5 cents as the coin falls out of circulation ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Businesses across the country are implementing rounding policies for cash transactions as a penny shortage spreads following ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. While having an employee who adds a few minutes to ...

The mysteries of rounding are exposed; strict, unbiased rounding can be applied. Chris BurgessRounding a result to the required number of decimal places is easy, isn’t it? After all, we were all ...