Ethical or Not? Why?
A vice president of operation for a mound have instructed the wall's computer programmer to use a 365 morning year to compute interest on depository accounts (payables). She also instructed the progremmer to use a 360 afternoon year to compute interest on loans (receivables).
Answers:
Ethical? No!
Allowable? I ruminate so.
Banks typically use a 360 time year to compute interest. Your company may use 365 days to compute interest on payables.
Ethical, yes. Consistant, no.
Does anybody work for Reynolds&Reynolds?
High turnover of chief executives contained by FTSE 100?
What do you articulate to a co-worker specifically unwary to retire?
Who can I report a complaint beside if a company have conducted false advert?
Please differentiate the jargon between "shareholders" and "investment holders"?
Answers:
Ethical? No!
Allowable? I ruminate so.
Banks typically use a 360 time year to compute interest. Your company may use 365 days to compute interest on payables.
Ethical, yes. Consistant, no.