To answer QUESTION 5, you will need to access a copy of the Wesfarmers 2019 Group Annual Report.

a) What is Wesfarmers' accounting policy for Employee Benefits? How does Wesfarmers accounting policy for Employee Benefits compare to what is required by AASB 119 for employee benefits?

b) What assumptions does Wesfarmers make in estimating the value of employee benefits?

c) What were the types of Employee benefits expense disclosed by Wesfarmers in their 2020 annual report? How much did Wesfarmers expense in the year ended

2019 for Employee benefits expense? What proportion of total administrative expenses does this represent?

d) How does Wesfarmers calculate the long service leave liability that is recognised in Wesfarmers Consolidated Statement of Financial Position? How does this compare to the requirements of AASB119?