Which of these definitions is NOT correct?
A) JOINT CONTROL: contractually agreed sharing of an arrangement when decisions about related activities are made
B) JOINT OPERATION: where parties with joint control have access to net assets of the arrangement
C) JOINT ARRANGEMENT: an arrangement shared dependent on a contractual agreement,and establishing joint control
D) JOINT VENTURE: where parties with joint control have right to the net assets of the arrangement
Correct Answer:
Verified
Q1: Which of these definitions is NOT correct?
A)SIGNIFICANT
Q2: Which of these investments in X would
Q3: IFRS define a joint venture as an
Q4: Accounting for joint operations and joint ventures
Q5: IASB replaced IAS31 with IAS 28
Q6: IFRS 11 does not include any disclosure
Q7: IAS 28 defines an associate as an
Q8: Under IAS 24,which of these would not
Q10: Which of these is NOT true about
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