Mirna gaymar vp of operations for rocky mountain county, Ask an Expert

Accounting

Mirna Gaymar, VP of operations for Rocky Mountain County Bank, has instructed the bank's computer programmer to use a 365-day year to compute interest on depository accounts (payables). Mirna also instructed the programmer to use a 360-day year to compute interest on loans (receivables).

-Discuss whether Mirna is behaving in a professional manner.

-Does this really make a difference?

-What would you do if you Mirna?

-What would you do if you were Mirna's supervisor?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M948440

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