MEMO TO CLIENTAnswers 1Bids 41Other questions 10,MEMO TO CLIENTAnswers 1Bids 41Other questions 10

Discuss the research results with your team, and come to a consensus.Additionally, the client is considering offering a pension plan to its employees next year.Discuss reporting requirements for defined contribution and defined benefit.Write a 350-to 525-memo to  the client explaining the essence of fair value reporting and  identifying primary concerns associated with it. Make a recommendation  to the client as to which type of pension plan they should implement and  why.