Neka Kiser, vice president of operations for Mountain National Bank, has instructed the bank's computer programmer to

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Neka Kiser, vice president of operations for Mountain National Bank, has instructed the bank's computer programmer to use a 365-day year to compute interest on depository accounts (payables). Neka also instructed the programmer to use a 360-day year to compute interest on loans (receivables).
Discuss whether Neka is behaving in a professional manner.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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