According to the 7th Directive of the EU

question 23

Multiple Choice

According to the 7th Directive of the EU,

• A) proportional consolidation is not permitted.
• B) consolidation can only occur when one firm owns a majority of the shares with voting rights of another company.
• C) the definition of a group is a good example of a compromise.
• D) the Germans did not have to make many changes in their consolidation practices.

---

Definitions:

Parking

The act of bringing a vehicle to a stop and leaving it unoccupied for a duration of time in a designated or permissible area.

Shims

Gaskets or spacers of a specific thickness used for setting such things as endplay, preload, or tolerances. May be steel plate or fiber.

Worm Gear

A type of gear consisting of a worm (screw) that meshes with a gearwheel, used in mechanisms where large gear reductions are needed.

Preload

A predetermined force applied to a component, such as a bearing on assembly, usually with the objective of preventing unwanted (end) play in operation.