Which of the Following Statements Is Not True in Relation

question 11

Multiple Choice

Which of the following statements is not true in relation to joint control?

• A) each party must have an equal interest for joint control to exist
• B) joint control exists only where there is contractually agreed sharing of control
• C) entities over which a party has joint control are accounted for in accordance with IFRS 11 Joint Arrangements
• D) joint control requires the unanimous consent of the parties sharing control

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Definitions:

Failures of Process

Situations where planned processes do not achieve their goals, leading to inefficiency, loss, or other negative outcomes.

Lack of Participation

The situation where members of a group or community do not engage or contribute to activities or discussions.

Failures of Process

Situations where a process does not achieve its intended outcome, leading to inefficiency or errors.

Strategic Planning Pitfall

Common mistakes or obstacles that can undermine the effectiveness of an organization's long-term planning efforts.