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Sybil Crumpton, vice president of operations for Bob Marshall Wilderness Bank, has instructed the banks computer programmer to use a 365-day year to compute interest
Sybil Crumpton, vice president of operations for Bob Marshall Wilderness Bank, has instructed the banks 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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