7.8 Two of the following statements are correct:

1 Listed companies are obliged to produce a social responsibility report as part of their annual report.

2 Consolidated financial statements bring together the results and assets and liabilities of all group companies.

3 Compliance with the requirements of the UK Corporate Governance Code is compulsory for companies listed in the UK.

4 XBRL International is owned by the London Stock Exchange.

Which are the correct statements?

a) 1 and 2

b) 2 and 3

c) 3 and 4

d) 1 and 4