Are there any best practices recommended for handling number formatting in PHP to avoid discrepancies in output results?

When handling number formatting in PHP, it's important to use the appropriate functions to ensure consistent output results. One common issue is the use of different number formatting functions, such as number_format() and sprintf(), which can lead to discrepancies in output. To avoid this, it's recommended to stick to a single number formatting function throughout your codebase.

// Example of using number_format() consistently for number formatting
$number = 1234.56;
$formatted_number = number_format($number, 2);
echo $formatted_number;