The EU 4th and 7th Directives require
A) the quantification of a forecast of earnings.
B) the discussion of R&D analyzed by product.
C) an indication of important events since the end of the year and any likely future development.
D) any environmental measures taken.

Question

Quizplus · Accepted Answer

The EU 4th and 7th Directives both require a discussion of important events since the end of the year and any likely future developments in the management report. A) is incorrect because earnings forecast quantification is not specifically required, although discussing financial developments is important. B) is incorrect because analyzing R&D by product is not explicitly required either. D) is also incorrect because only significant environmental measures and their impact on the business need to be disclosed in the management report.

The EU 4th and 7th Directives Require