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NEW QUESTION: 1



A. Option A
B. Option D
C. Option C
D. Option B
Answer: B

NEW QUESTION: 2
Which of the following failures would probably be considered a chargeable reliability failure?
Response:
A. An unverified failure.
B. A failure beyond expected life and not replaced.
C. A nonrelevant failure.
D. A repair induced failure.
Answer: A

NEW QUESTION: 3
Section A (1 Mark)
The income received by the approved superannuation fund on the investments made by the fund is
A. Exempt from income tax
B. Taxed at the hands of employees concerned based on the share of each employee
C. Taxed under Capital Gains Tax depending upon the nature of investment
D. Taxed as the concession rate of 10% of the income
Answer: A