Bev Wynn, vice president of operations for Dillon County Bank, has instructed the bank's computer programmer to

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Bev Wynn, vice president of operations for Dillon County Bank, has instructed the bank's computer programmer to use a 365-day year to compute interest on depository accounts (liabilities). Bev also instructed the programmer to use a 360-day year to compute interest on loans (assets).
Discuss whether Bev is behaving in a professional manner.

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Related Book For  book-img-for-question

Corporate Financial Accounting

ISBN: 9781337398169

15th Edition

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

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