Question
Did you notice the use of 360 days representing a full year - as opposed to the alternative of 365 days in a year? Why
Did you notice the use of 360 days representing a full year - as opposed to the alternative of 365 days in a year? Why do you think accountants use 360 instead of 365? Wouldn't that change our result? And if so, why is 360 allowed?
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The detailed answer for the above question is provided below Yes the use of 360 days as a convention ...
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Processes Systems and Information An Introduction to MIS
Authors: Earl McKinney, David M. Kroenke
2nd edition
978-1292059419, 1292059419, 978-0133546972, 133546977, 978-0133546750, 133546756, 978-013354675
