A Joint Arrangement Is Defined in AASB 128 Investments in Associates

question 25

True/False

A joint arrangement is defined in AASB 128 Investments in Associates as an arrangement between two or more entities whereby the entities have joint control of another entity.

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Definitions:

Java

An object-oriented, class-based programming language at a high level, aimed at reducing implementation dependencies to the least possible extent.

Variable Values

Refers to the data or information that variables in a program hold during its execution.

Execution

Execution refers to the process by which a computer or virtual machine carries out the instructions of a computer program.

Implicit Type Cast

Automatic conversion of a value from one data type to another by the compiler.