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Inter-Entity Trading

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Inter-Entity Trading

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • June 6, 2016 at 2:04 pm #319867
    taylor79
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Silly question…. In the context of inter-entity trading what is the meaning of the abbreviation “PUP”

    June 6, 2016 at 4:28 pm #319896
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    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?

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