"Rounding to the nearest cent is sufficiently accurate for practical purposes"

Alexander John Ellis' quote suggests that rounding to the nearby cent is an appropriate and useful service for the majority of circumstances. This implies that it is not needed to be extremely precise when handling financial amounts. In other words, it is not necessary to calculate precise quantities to the penny. Instead, it suffices to round to the nearby cent. This is an useful technique that can save effort and time.

The quote also suggests that precise computations are not constantly required. In some cases, it is more efficient to round to the nearby cent. This is especially true when handling large amounts of cash or when handling numerous transactions. In these cases, it is more efficient to round to the closest cent rather than calculating specific amounts.

In General, Alexander John Ellis' quote recommends that rounding to the nearest cent is a practical and effective service for the majority of circumstances. This method can save effort and time while still offering an accurate outcome.