As Per IFRS 11, Which of the Following Statements Is

Multiple Choice

As per IFRS 11, which of the following statements is true of the joint arrangement?

A) IFRS 11 is silent about joint arrangements.
B) In regard to joint venture accounting, IFRS 11 is quite different from U.S.GAAP.
C) IFRS 11 does not allow revaluation of assets.
D) A joint arrangement is either a joint operation or a joint venture.