Which of the Following Statements Is in Accordance with AASB

Which of the following statements is in accordance with AASB 11Joint Arrangements?

A) Investors in jointly controlled entities account for their investment under equity method if their ownership percentage exceeds 20 per cent.
B) The existence of a contractual arrangement distinguishes joint arrangements from investments in associates in which the investor has significant influence.
C) The contractual arrangement establishes joint control over the arrangement in such a way no single venturer is in a position to control the activity unilaterally.
D) Activities that have no contractual arrangement to establish joint control but in substance have established joint control are considered joint ventures for the purposes of AASB 11.