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.


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