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- IFRS 11 – Joint Arrangements 0%
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Question 1 of 10
1. Question
The objective of IFRS 11 is to ________________ by entities that have an interest in joint arrangements.
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Question 2 of 10
2. Question
IFRS 11 requires an entity that is a party to a joint arrangement to determine the __________ of joint arrangement in which it is involved.
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Question 3 of 10
3. Question
What entities shall apply IFRS 11?
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Question 4 of 10
4. Question
Which of the following statements define a joint arrangement?
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Question 5 of 10
5. Question
Which of the following is not a characteristic of a joint arrangement?
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Question 6 of 10
6. Question
A joint arrangement can be either a …
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Question 7 of 10
7. Question
Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the _____________ of the parties sharing control.
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Question 8 of 10
8. Question
In a joint arrangement, __________ controls the arrangement on its own.
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Question 9 of 10
9. Question
A joint arrangement is an arrangement where all of its parties have joint control of the arrangement.
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Question 10 of 10
10. Question
According to IFRS 11 what should be considered in order to determine the type of joint arrangement?
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