Question 1

Identify and explain two possible benefits and two possible limitations of ratio analysis. (Max. 120 words)

Start writing here:

Question 2

Describe how pressure exerted on senior management by shareholders and other parties may impact the accuracy of financial statements. (Max. 50 words)

Start writing here:

Question 3

Suggest one action management can take to mitigate the risk of fraud occurring when financial statements are being compiled. (Max. 50 words)

Start writing here:

Question 4

View the most recent annual report for M&S. This can be found by visiting their website.

Do you think M&S is performing well as a business? Provide three examples or arguments from the annual report to justify your answer.