bandwidthTest gives results in binary MB/s?
Yes.
is the binary notation of bandwidth accepted?
Perhaps not.
(those were the only 2 questions I could find.)
Since the binary megabyte is larger than the SI megabyte, it would seem that the bandwidthTest
sample code is under-reporting if you interpret the results according to SI units. As a sample code, it's primary purpose is to educate and instruct, not conform to some definition.
You have the source code -- you can make your version of it report any way that you want.