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Duties of a director

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Duties of a director

  • This topic has 3 replies, 2 voices, and was last updated 2 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • January 19, 2023 at 6:48 am #676982
    weekly
    Participant
    • Topics: 38
    • Replies: 39
    • ☆☆

    Dear Tutor. I need help with this question please help me.

    Is this statement true or false?

    A director’s main aim should be to create wealth for the shareholders of the company

    January 19, 2023 at 10:33 am #677026
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    Why are you attempting a question for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers – they have answers and explanations.

    The statement is true – the directors are appointed by the shareholders and their main aim is create more wealth for the shareholders.

    However you have headed up your post ‘duties of a director’. This is different because there are legal requirements for directors. However they relate to Paper LW rather than to Paper FA.

    January 19, 2023 at 3:42 pm #677044
    weekly
    Participant
    • Topics: 38
    • Replies: 39
    • ☆☆

    Thanks for the help Sir. I got this question in BPP FA practice and revision kit. The answer is indeed true. But I still had a little doubt that’s why I ask. I thought maybe it was an aim of the director but I was not sure whether it was a ‘main’ aim. And Sorry if the title was not correct. Thank you for the help Sir.

    January 19, 2023 at 4:03 pm #677045
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    No problem, and you are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Duties of a director’ is closed to new replies.

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