Examlex
Dust devils:
Entitlement
The right to benefit from assets or services, such as dividends for shareholders or leave benefits for employees.
Jointly Controlled Entity
An entity that is operated and controlled through a contractual arrangement between two or more parties who have joint control.
AASB 11
An accounting standard issued by the Australian Accounting Standards Board that outlines the reporting requirements for parties involved in joint arrangements.
Joint Operation
A business activity owned and managed by two or more parties that share control, resources, and obligations directly.
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