Which of the followings are most likely to be considered as key management personnel of an entity?
I) Chief Financial Officer
II) Admin Officer
III) Non-executive directors
IV) General Manager
A) I, II, and III;
B) II, III, and IV;
C) I, III, and IV;
D) I, II, III, and IV.

Question

Which of the followings are most likely to be considered as key management personnel of an entity?
 I) Chief Financial Officer
II) Admin Officer
III) Non-executive directors
IV) General Manager
A) I, II, and III;
B) II, III, and IV;
C) I, III, and IV;
D) I, II, III, and IV.

Quizplus · Accepted Answer

Key management personnel are those having authority and responsibility for planning, directing, and controlling the activities of an entity, directly or indirectly. This typically includes positions like the Chief Financial Officer (I), Non-executive directors (III), and the General Manager (IV). Admin Officers (II) usually do not have this level of influence.

Which of the Followings Are Most Likely to Be Considered