

McqMate
Q. |
Which of the following is/ are the basic features of a Joint Venture |
A. | The profit or loss on joint venture is shared between the co-venturers in the agreed ratio |
B. | The co-venturers may or may not contribute initial capital |
C. | The JV is dissolved once the purpose of the business is over |
D. | All of the above |
Answer» D. All of the above |
View all MCQs in
Financial AccountingNo comments yet