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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Inter-Entity Trading
Silly question…. In the context of inter-entity trading what is the meaning of the abbreviation “PUP”
Agreed, silly question!
You clearly have not watched ANY of the free videos nor watched any of the past exam questions that I work through on the screen 🙁
Otherwise you would have had no need at all to ask about pups
A word of advice – don’t talk about pups in Latvia or Lithuania in mixed company
The abbreviation pup in the context of F7 (and P2) consolidations stands for Provision for Unrealised Profits
OK?