$1.$ The "Fourth Directive" issued by the European Commission, which administers the European Union $($EU$),$ deals with which of the following?

Group of answer choices :

Adoption of the euro as the currency used throughout the EU

Consolidated financial statements

Rules for valuation, disclosures requirements, and the format of financial statements

Authority of the European Commission to pass laws $2.$ What currency is used in the United Kingdom?

Group of answer choices

Crown

British pound

UK dollar

Euro