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Which of the following shall not be deducted from net profit while calculating managerial remuneration?
Accountingmedium
ALoss on sale of undertaking
BDebts considered bad and written off
CLiability arising from a breach of contract
Director‘s remuneration Director‘s remuneration shall not be deducted from net profit while calculating managerial remuneration
Correct Answer: D. Director‘s remuneration Director‘s remuneration shall not be deducted from net profit while calculating managerial remuneration
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