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
An executive director is a member of the board who also has management responsibilities. Therefore, the appropriate letter is B.
Step 2
4.1.2 Delinquent director
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A delinquent director is one who has been found guilty of serious misconduct. The relevant letter for this description is C.
Step 3
4.1.3 Non-executive director
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A non-executive director is a member of the board but does not engage in daily management functions. The corresponding letter for this role is A.