Which of the Following Is Not a Joint Arrangement

Multiple Choice

Which of the following is not a joint arrangement?

A) An entity is formed with a contract by ten owners. Each of the ten owners have an equal proportion of ownership. Any combination of owners constituting a majority can make decisions.
B) An entity has ten owners including Entities A, B, and C. This entity is formed by contract between all of the investors. Each of the ten owners have an equal proportion of ownership. Any combination of owners constituting a majority can make decisions; however, this majority must include entities A & B, according to the written agreement.
C) An entity is formed by ten owners by contractual arrangement, including entities D, E, and F. Entities D and E together own 60% of the shares.
D) All of the above are considered joint arrangements as described by IFRS 11.