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Sybil Crumpton, vice president of operations for Bob Marshall Wilderness Bank, has instructed the banks computer programmer to use a

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Sybil Crumpton, vice president of operations for Bob Marshall Wilderness Bank, has instructed the bank’s computer programmer to use a 365-day year to compute interest on depository accounts (payables). Sybil also instructed the programmer to use a 360-day year to compute interest on loans (receivables).
Discuss whether Sybil is behaving in a professional manner.

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Survey of Accounting

Survey of Accounting

ISBN: 978-1133189121

6th edition

Authors: Carl S Warren

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Question Posted: February 04, 2014 07:27:06
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