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What do letters mean in years?

MMuhammadullah4y ago
20X6 and 20Y0 X means 1. Y means 2. 1. Why are letters shown in years instead of numbers? 2. Are there any other letters that are used instead of numbers in years? I already understood the meaning of X. I understood the meaning of Y in a revision Kit question. Thanks!
MmrjonbainModerator4y ago#1
I believe the letters are just used as placeholders. In this way a question could potentially stay relevant for decades. Of course in accounting we know that for many questions this will not be the case as standards and tax rates and accounting practice often change radically. Hope this helps.
kengarrettkengarrettTutor4y ago#2
Yes. It is a sort of laziness shown by publishers so that questions do not have to be updated as years pass. X and Y are eternal; 2020 and 2021 are not. I can remember only X and Y as shortcuts.
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