Accounting Mcqs

Q.  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


ANSWER: See Answer
 
Director‘s remuneration shall not be deducted from net profit while calculating
managerial remuneration
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