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Which of the following shall not be deducted from net profit while calculating managerial remuneration?

(A) Loss on sale of undertaking
(B) Debts considered bad and written off
(C) Liability arising from a breach of contract
(D) Director‘s remuneration

►Correct Option

Correct Option is: D

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcq

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