Joint venture vs Associate

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October 25, 2016 at 7:50 pm #346011
nari
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Hello

Can you please explain the difference between these two?
October 26, 2016 at 8:46 pm #346185
P2-D2
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Hi,

Have you watched the videos?

A joint venture is when we have joint control over the operations of an entity.

An associate is where we have influence.

Thanks
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