ACTIVITY & ASSIGNMENT 1. Look for a company that uses IFRS 11 or PFRS 11 2. Does the company classify it as joint operation or join venture? 3. Which one is a better classification, joint operation or join venture? Provide your pros and cons.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter1: An Overview Of Managerial Finance
Section: Chapter Questions
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ACTIVITY & ASSIGNMENT
1.
Look for a company that uses IFRS 11 or PFRS 11
2.
Does the company classify it as joint operation or join venture?
Which one is a better classification, joint operation or join venture?
Provide your pros and cons.
3.
Transcribed Image Text:ACTIVITY & ASSIGNMENT 1. Look for a company that uses IFRS 11 or PFRS 11 2. Does the company classify it as joint operation or join venture? Which one is a better classification, joint operation or join venture? Provide your pros and cons. 3.
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