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Cfrederick74
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| Posted: 21 Dec 2009 at 12:24 | IP Logged
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There is a question in the 2010 edition (CPA-01953) which states in the answer that the casualty loss in this example is reduced by $100 per casualty. However, in the corresponding textbook (page R2-27) it states that the floor is $500 for 2009. Where is the $100 per casualty coming from?
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cpa0123
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| Posted: 21 Dec 2009 at 12:43 | IP Logged
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Looks like they haven't made changes in the passmaster. $100 deduction relates to 2008. It is $500 for 2009.
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Cfrederick74
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| Posted: 21 Dec 2009 at 12:47 | IP Logged
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Thank you. I appreciate your response. This will be the third issue I've found with passmaster not being changed. I guess this is the down side of taking Regulation during the first part of the year using new software, since deductibles can change from year-to-year. This has not been a good experience for me so far.
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cpa0123
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| Posted: 21 Dec 2009 at 13:11 | IP Logged
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Yeah quite a few issues reported. I am using 2009 edition, so i am just assuming the correct answers & moving on. You must write to Becker about this issue. See what they got to tell you... Ask for an updated passmaster. You never know, they may send it.. lol
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FAR-11/21/09 [97]
REG-02/06/10 [95]
BEC-04/03/10 [85]
AUD-07/07/10 [93]
Colorado board
I am done!
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Topic: Reg 2010 Ed. Casualty Theft Floor Amt
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