In Australia, which of the following expenses included in accounting profit are non-deductible items and excluded from taxable profit? 1. Fines and penalties. II. III. IV. Impairment loss on goodwill. Bonuses paid to key management personnel. Entertainment costs that are not fringe benefits. O a. Impairment loss on goodwill. O b. I., II., Ill. and IV. O c. Fines and penalties. O d. I., II. and IV. only