A: A constructive force creates or builds something on the earth. For instance, volcanoes are built up by constructive tectonic plate movement. Destructive forces like tornadoes and tsunamis tear down or wear away parts of the earth.
International joint ventures are business partnerships which exist between one or more companies that are based in different countries. These international business agreements enable companies to focus on common business goals, pool resources and share in business profits.ne of the primary reasons international joint ventures are formed is to pool business resources to achieve a common objective. International joint venues consists of business partnerships that are based in different countries. Some international joint ventures are useful in supplying humanitarian aid.
For the requirements reference must be made to International Financial Reporting Standards. The objective of the Standard is to prescribe the accounting for investments in associates and to set out the requirements for the application of the equity method when accounting for investments in associates and joint ventures. joint venturer shall recognise its interest in a joint venture as an investment and shall account for that investment using the equity method in accordance with IAS 28 Investments in Associates and Joint Ventures unless the entity is exempted from applying the equity method as specified in the standard.