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Need!! Part a, b, c, d of these situations occur? International Financial Reporting Problem Marks and Spencer plc (M&S) IFRS20-12 The financial statements of M&S

Need!! Part a, b, c, d image text in transcribed
of these situations occur? International Financial Reporting Problem Marks and Spencer plc (M&S) IFRS20-12 The financial statements of M&S are presented in Appendix E. The company's complete annual report, including the notes to the financial statements, is available online Instructions Refer to M&S's financial statements and the accompanying notes to answer the following questions. a) What kind of pension plan does M&S provide its employees? (b) What was M&S's pension expense for 2015 and 2014? ) What is the impact of M&S's pension plans for 2015 on its financial statements? d) What information does M&S provide on the target allocation of its pension assets? How do the allocations relate to the expected returns on these assets? ANSWERS TO IFRS SELF-TEST QUESTIONS 1. 2.b 3, a 4. b 5. d of these situations occur? International Financial Reporting Problem Marks and Spencer plc (M&S) IFRS20-12 The financial statements of M&S are presented in Appendix E. The company's complete annual report, including the notes to the financial statements, is available online Instructions Refer to M&S's financial statements and the accompanying notes to answer the following questions. a) What kind of pension plan does M&S provide its employees? (b) What was M&S's pension expense for 2015 and 2014? ) What is the impact of M&S's pension plans for 2015 on its financial statements? d) What information does M&S provide on the target allocation of its pension assets? How do the allocations relate to the expected returns on these assets? ANSWERS TO IFRS SELF-TEST QUESTIONS 1. 2.b 3, a 4. b 5. d

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