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 1 year ago by John Moffat.
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- January 19, 2023 at 6:48 am #676982
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 #677026Why 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 #677044Thanks 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 #677045No problem, and you are welcome 🙂
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