The broad types of joint ventures identified in AASB 131 include:
A)jointly controlled assets
B)jointly controlled operations
C)jointly controlled entities
D)all of the above

Question

Quizplus · Accepted Answer

AASB 131 identifies three broad types of joint ventures: jointly controlled assets, jointly controlled operations, and jointly controlled entities, therefore the correct answer is D.

The Broad Types of Joint Ventures Identified in AASB 131