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Yvonne is single with no dependants. During the current income year, Yvonne got a new job that paid her significantly more than her previous work.

Yvonne is single with no dependants. During the current income year, Yvonne got a new job that paid her significantly more than her previous work. As a result, her taxable income for the current income year was $134,000. However, she advises you she does not have any private health insurance.

Based on the above, how much Medicare Levy Surcharge would Yvonne be required to pay?

$1,340

$1,675

$2,010

$2,680

$0

Which of the following statements is CORRECT?

a.

A client's risk capacity refers to the extent that they are comfortable taking risks.

b.

A client's risk tolerance refers to their ability to sustain a loss.

c.

Risk profiling refers to the process of determining how a client feels about risk, often using a questionnaire.

d.

Both a) and b)

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