[csol]

I just want to say to everyone who wrote about their study techniques, I am planning to adopt your suggestions so I can complete all my ACCA exams. I was planning to give up. I started in 2007 and i only passed 1 exam – F8, got exemptions from the Level 1 from doing CAT. ‘I’m planning to go to University in September. I have 5 years left so I want to complete it hopefully. Any suggestions will be welcomed.

[csol]

Thanks very much – i understand now.

[csol]

No. I did not mean Q24. It is question 25 in BPP – Amanda, Bo and Charles. Bo Neptune made a gift. It is only eligible for partial gift relief. In comparison to Open Tuition notes – the difference is the treatment for the partial gift relief.

Actual proceeds $160 000
Cost – ($94 000)
Chargeable gain $66 000

Open Tuition says take the cost from the market value and not the actual proceeds.

PLEASE HELP ME UNDERSTAND. I did it open tuition way and the answer was incorrect compared to the answer in BPP Revision kit pg 120. I checked the answer for the Dec 2009 exam is the same.

[Author]

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