Step 1: Check statement X.
We know that the inverse of the inverse of a matrix is the matrix itself:
\[
(P^{-1})^{-1} = P
\]
So X is TRUE.
Step 2: Check statement Y.
If $Q = -Q^T$, then $Q$ is skew-symmetric, not symmetric.
So Y is FALSE.
Final Answer:
\[
\boxed{\text{(A) X is TRUE; Y is FALSE}}
\]