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18.Which of the following best describes the concept of control as required for revenue recognition in accordance with AASB 15 Revenue from Contracts with Customers

18.Which of the following best describes the concept of control as required for revenue recognition in accordance with AASB 15 Revenue from Contracts with Customers?

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the ability of the entity to use the asset to enhance the value of other assets

the ability of the entity to sell the contracted for asset without the customers agreement

the promise to give the customer goods and services, which are separately identifiable

the ability of the customer to direct the use of, and obtain substantially all of the benefits from, the asset

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