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    Business
  3. Study Set
    Accounting for Corporate
  4. Exam
    Exam 8: Accounting for Joint Arrangements
  5. Question
    The Major Difference Between a Joint Venture and a Joint
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The Major Difference Between a Joint Venture and a Joint

Question 2

Question 2

True/False

The major difference between a joint venture and a joint operation is that in a joint venture,the venturers share in the output of the venture,while the joint operators share in the profits of the entity.

Correct Answer:

verifed

Verified

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