Question: a.Identify the essential elements of Joint arrangement. Use examples to elaborate your answer. You can make a diagram or a matrix if needed b.Differentiate joint

a.Identify the essential elements of Joint arrangement. Use examples to elaborate your answer. You can make a diagram or a matrix if needed

b.Differentiate joint operation from joint venture by making a scenario case.

c. What are the rules of Accounting for Joint Arrangement. In every rule, give a simple example.

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