2026 FNSACC601 Module 11 - Tax Offsets 85.00 out of
100.00 (Prepare and administer tax documentation for legal
entities) Monarch Institute
HOLIDAY NOTICE: LIMITED SUPPORT (20 DEC – 4
JAN)
Please be advised that from Saturday 20th December to Sunday 4th January, Trainer
and Student Services availability will be limited.
Please allow extra time for responses. Thank you and enjoy the break!
Started on Sunday, 28 December 2025, 11:54 PM
State Finished
Completed on Monday, 29 December 2025, 12:05 AM
Time taken 10 mins 30 secs
Marks 17.00/20.00
Grade 85.00 out of 100.00
Feedback Sensational! - You have shown an indepth understanding of this
material, and have achieved an excellent result. Well done.
Question 1
Which of the following statements is correct?
Correct
Select one:
Mark 1.00 out of
1.00 a. The franking tax offset is a non-refundable offset.
b. The low income tax offset is a refundable tax offset.
c. None of the answers are correct
d. Tax offsets reduce the taxable income of a taxpayer.
e. Personal tax offsets were formerly referred to as rebates and
credits.
, Question 2
Which of the following amounts do not reduce a taxpayer's adjusted
Correct taxable income?
Mark 1.00 out of
1.00 Select one:
a. Tax agent's fee.
b. Child Support Payments.
c. Gifts to registered charities.
d. None of the answers are correct.
e. Expenses for travel between home and work.
Question 3
Which of the following amounts is included in calculating a
Correct
taxpayer's adjusted taxable income?
Mark 1.00 out of
1.00 Select one:
a. Tax free pensions.
b. Adjusted Fringe Benefits.
c. Reportable superannuation contributions.
d. All the answers are correct.
e. Net investment losses from a rental property.
Question 4
Which of the following is not a personal tax offset?
Incorrect
Mark 0.00 out of
Select one:
1.00 a. Private Health Insurance
b. Invalid Carer
c. Overseas Forces
d. Pensioner
e. None of the answers are correct
100.00 (Prepare and administer tax documentation for legal
entities) Monarch Institute
HOLIDAY NOTICE: LIMITED SUPPORT (20 DEC – 4
JAN)
Please be advised that from Saturday 20th December to Sunday 4th January, Trainer
and Student Services availability will be limited.
Please allow extra time for responses. Thank you and enjoy the break!
Started on Sunday, 28 December 2025, 11:54 PM
State Finished
Completed on Monday, 29 December 2025, 12:05 AM
Time taken 10 mins 30 secs
Marks 17.00/20.00
Grade 85.00 out of 100.00
Feedback Sensational! - You have shown an indepth understanding of this
material, and have achieved an excellent result. Well done.
Question 1
Which of the following statements is correct?
Correct
Select one:
Mark 1.00 out of
1.00 a. The franking tax offset is a non-refundable offset.
b. The low income tax offset is a refundable tax offset.
c. None of the answers are correct
d. Tax offsets reduce the taxable income of a taxpayer.
e. Personal tax offsets were formerly referred to as rebates and
credits.
, Question 2
Which of the following amounts do not reduce a taxpayer's adjusted
Correct taxable income?
Mark 1.00 out of
1.00 Select one:
a. Tax agent's fee.
b. Child Support Payments.
c. Gifts to registered charities.
d. None of the answers are correct.
e. Expenses for travel between home and work.
Question 3
Which of the following amounts is included in calculating a
Correct
taxpayer's adjusted taxable income?
Mark 1.00 out of
1.00 Select one:
a. Tax free pensions.
b. Adjusted Fringe Benefits.
c. Reportable superannuation contributions.
d. All the answers are correct.
e. Net investment losses from a rental property.
Question 4
Which of the following is not a personal tax offset?
Incorrect
Mark 0.00 out of
Select one:
1.00 a. Private Health Insurance
b. Invalid Carer
c. Overseas Forces
d. Pensioner
e. None of the answers are correct
