Choose a description from COLUMN B that matches the type of director in COLUMN A - NSC Accounting - Question 4 - 2021 - Paper 1
Question 4
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 the AN... show full transcript
Worked Solution & Example Answer: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
An Executive Director is defined as a member of the board who has management responsibilities. Thus, the corresponding letter is B.
Step 2
4.1.2 Delinquent director
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A Delinquent Director is one who is found guilty of serious misconduct. Therefore, the corresponding letter is C.
Step 3
4.1.3 Non-executive director
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Answer
A Non-executive Director is defined as a member of the board but not responsible for daily management functions. Hence, the corresponding letter is A.