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IFRS 11 - Classifying Joint Arrangement Practice Exercise 2
For each of the following scenario, identify which type of joint arrangement qualifies based on the given facts.
1. Two parties enter into a joint arrangement which is structured through an incorporated entity in which each party has a 50% ownership interest. There are no other contractual arrangements in place between the parties.
2. Two parties enter into a joint arrangement which is structured through an incorporated entity in which each party has a 50% ownership interest.
The parties have also modified the features of the corporation through a separate contractual arrangement so that each has an interest in the assets of the incorporated entity, and each is responsible for settling its liabilities in a specified proportion
IFRS 11 - Classifying Joint Arrangement Practice Exercise 2
For each of the following scenario, identify which type of joint arrangement qualifies based on the given facts.
1. Parties A and B are real estate companies and set up a separate vehicle (entity X) for the purpose of acquiring and operating a shopping centre.
According to entity X's legal form it has rights to its own assets, and obligations for its own liabilities, relating to the arrangement. Entity X also owns the shopping centre.
Parties A and Bare not liable in respect of the individual debts, liabilities or obligations of entity X. Parties A and Beach receive a share of the income from operating the shopping centre.
IFRS 11 - Classifying Joint Arrangement Practice Exercise 2
For each of the following scenario, identify which type of joint arrangement qualifies based on the given facts.
1. Parties A and B provide many types of construction services, and jointly enter into a contractual arrangement to design/build a road. The parties set up a separate vehicle (entity Z) to facilitate this arrangement.
Entity Z enters into a contract with the government for the road and holds the assets and liabilities relating to the road contract, as well as invoicing the government for the construction services.
The main feature of entity Z's legal form is that the parties (not entity Z in its own right) have rights to the assets, and obligations for the liabilities, of entity Z.
Entities A and B appoint an operator, who will be an employee of one of the parties.
Write a function that takes 4 coordinates of the Rectangle and a point P as a parameter. Your function should be able to tell whether P lies inside the Rectangle, On the Rectangle, or Outside rectangle. Sample Input:
P1 0 0
P2 2 0
P3 2 2
P4 0 2
P 1 1
Output: P lies inside Square
10.Write a function which takes as input 4 points and tell whether these points
are the coordinates of Square, Rhombus, Rectangle, Parallelogram or
Quadrilateral. NOTE: Make separate functions for each case checking whether
its square / rhombus / rectangle / parallelogram. i-e (isSquare, isRhombus,
isRectangle, isParallelogram)
Sample Input:
P1 0 0
P2 1 0
P3 1 1
P4 0 1
Output: It’s a square
Write a function which takes as parameter 3 points and tell whether these
points are the coordinates of isosceles or equilateral or right angled or scalene
triangle. NOTE “Make separate functions as isEquilateral, isRightAngled and
so on... ”.
Sample Input: P1 0 0
P2 1 0
P3 1 1
Sample Output: Right Angle Triangle
A 10-kg crate i s at rest on a surface i nclined at a 45-degree angle. Suppose
that the static friction coefficient between the crate and the inclined surface is 0.50.
Write a c++ program that computes the monthly net pay of the employee for a steel factory. The input for this program is the hourly rate of pay, the number of regular and the overtime hour work. The tax-deductible rate is 20%. You need first to calculate the gross pay, which is the sum of the wages earned from regular hours and overtime hours, the overtime is paid at 1.5 times the regular rate. Then you subtract the tax from the gross pay to get the net pay of the employee.
in a laboratory,1.55g of organic compound containing C, H, and O is combusted for analysis combustion resulted in1.45g of carbon II oxide and 0.890g of steam. what is the empirical formular of the organic compound
A 3000-km long cable consists of 7 turns, with diameter of 0.73mm each. Calculate the resistance R of the cable. The resistivity of the copper wire is 3x10-6 Ω.cm.
#339914 on Dec 2023