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

Accounting Mcqs
BILAL KHATTAK0

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 

Related Mcqs:

  1. Which of the following is not a contingent liability??
  2. The managing director remarked that the secretary was an asset to the company.
  3. Tax deducted at source A/c appears in___________??
  4. Profit on sale of old plant is:___________??
  5. Which of the following will not appear in Profit and Loss Account of a business??
  6. Revenue is generally recognized as being earned at that point of time when??
  7. A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on written down value method, find the profit or loss on sale of the Second hand car??
  8. Indian Railways are a
  9. A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car??
  10. Depreciation Account appearing in the Trial Balance is shown in:?

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