16. Which of the following statements about accounting for joint ventures under IFRS is incorrect: (0) Decisions about the relevant activities of the joint venture require the unanimous consent of the joint venturers (ii) The contractual arrangement must give each of the joint venturers rights to the assets of the joint venture and obligations for the liabilities of the joint venture Joint venture investments are recognised as assets in the consolidated ISFP of the joint venturers A. No statement is incorrect B. C. (ii) D. (iii)