4.1 Choose a description from COLUMN B that matches the type of director in COLUMN A - NSC Accounting - Question 4 - 2021 - Paper 1
Question 4
4.1 Choose a description from COLUMN B that matches the type of director in COLUMN A. Write only the letter (A–C) next to the question numbers (4.1.1 to 4.1.3) in th... show full transcript
Worked Solution & Example Answer:4.1 Choose a description from COLUMN B that matches the type of director in COLUMN A - NSC Accounting - Question 4 - 2021 - Paper 1
Step 1
4.1.1 Executive director
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Answer
The executive director is a member of the board who is actively involved in daily management functions. In this case, the correct matching description is B.
Step 2
4.1.2 Delinquent director
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Answer
A delinquent director refers to a member of the board who has management responsibilities but has failed to fulfill them, which corresponds to C.
Step 3
4.1.3 Non-executive director
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Answer
A non-executive director is a member of the board who does not engage in the day-to-day operations of the company and is typically responsible for providing oversight. The matching description for a non-executive director is A.