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VCR v. APRSC


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Guest BTCISP1969
Posted

I wish to use the APRSC program to correct a plan's operational failures and would like to use one of the correction measures listed under Appendix B (which I understand to be appropriate for both APRSC and VCR). My confusion comes from the fact that the correction measures listed in Appendix B use the term "SVP correction method" and this term is associated with the VCR program, not APRSC. Thus, may I use a correction measure listed under Appendix B even though the plan will use the APRSC program?

Posted

SVP correction procedure is safe under APRSC. In fact, if the circumstances fit SVP, you should think long and hard about correcting another way. See Section 6.02(2) of Rev Proc 2000-16.

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