MS Excel
It is acceptable to let long text flow into adjacent cells on a worksheet when

There is not time to format the text
Data will be entered in the adjacent cells
There is no suitable abbreviation for the text
No data will be entered in the adjacent cells

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MS Excel
Rounding errors can occur

When you use multiplication, division, or exponentiation in a formula
When you show the results of formulas with different decimal places that the calculated results
Because excel uses hidden decimal places in computation
When you use addition and subtraction in a formula

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