Utter Corporation uses IFRS for financial reporting purposes and has several pension plans covering various classes of employees. When may the company net assets and liabilities of the various plans?

a. Assets and liabilities may always be netted.

b. Assets and liabilities may be netted when there is a legally enforceable right to use the assets of one plan to settle the obligations of another plan.

c. When the estimated cash inflows and outflows are similar in pattern.

d. When the assets and liabilities are both financial.