Which of the following items should be excluded from deductions when determining managerial remuneration from net profit?

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Loss incurred from selling a business segmentWrite-off of uncollectible debtsObligations resulting from contract violationsPayment made to directors as remunerationNone of the above

Explanation

Items such as losses from selling a business segment, bad debts written off, and liabilities from contract breaches are deducted to calculate the net profit for managerial remuneration. However, directors' remuneration itself is not deducted from net profit when computing managerial remuneration.