Question on: SS3 Accounting - Joint Venture Memorandum Account
What is a joint venture?
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A
A business arrangement in which two or more companies come together to undertake a specific project or activity
B
A business arrangement in which two or more companies merge into one company
C
A business arrangement in which one company acquires another company
D
A business arrangement in which one company takes over the operations of another company
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Correct Option: A
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