According to AASB 11 Joint Arrangements,joint Control Exists Where

According to AASB 11 Joint Arrangements,joint control exists where:

A) no single party is in a position to control the activity unilaterally.
B) the decisions in areas essential to the goals of the joint arrangement do not require the consent of the parties.
C) no one party may be appointed as the manager of the joint arrangement.
D) one party alone has power to control the strategic operating decisions of the joint arrangement.