Good evening sir!!
I know you dont use Kaplan, and for this sitting i have switched to Kaplan.
In the chapter of APV they use the following sentence:
1. "pv of the tax relief (RTQ for timing of tax flows)"
god knows i have looked and i cant make out what RTQ means. any guesses?
"Tax relief at the CT rate (issue cost x CT rate"
CT as well....but i am guessing Corporation tax
regards
Ask the Tutor ACCA AFM
RTQ and CT
9y ago#1You are going to be angry when I tell you (or maybe you will laugh :-) )
RTQ is an expression that tutors use when they are teaching in class - it means 'Read The Question' (but they do explain the first time they use it, and I am surprised that Kaplan have used it in their Study Text without explaining it first!).
(They often use the expression RTFQ as well, but I will not risk offending you by telling you what the F stands for :-) )
hahahhaha......this is too funny..:)
i am laughing at the possible meaning of F ...proves that tutors are human after all and not just knowledge machines ..:)
thank for making my day and solving my dilemma
9y ago#3You are welcome :-)
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