TRUNC Function in Excel: A Comprehensive Guide

Excel’s TRUNC function, a lesser-known yet powerful tool, plays a critical role in fields where precision in numerical data is vital. This function, standing for ‘truncate’, efficiently truncates a number to a specified number of decimal places without rounding. This precision is essential in various professional realms, particularly in financial calculations and data analysis, where even a minor rounding error can lead to significant discrepancies.

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