A 'Franked' Dividend Is One Which Is Simply Assessable as Income

question 61

True/False

A 'franked' dividend is one which is simply assessable as income and attracts the full rate of personal income tax.

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Definitions:

Success

Achieving a desired outcome or reaching a predefined criterion of performance.

Random Variable

A variable whose values come from the numerical outcomes of random events.

Discrete

Referring to a type of variable that can assume distinct and separate values, often countable in nature.