IFRS 15 sets out when a performance obligation is satisfied at a point in time. Which one of the following statements is correct?

• If a performance obligation is not satisfied over time, the presumption is that control transfers at a point in time, i.e., revenue must be recognized at a point in time.
• The indicators to determine the point in time when a customer obtains control of a good or service are individually determinative as to whether the customer has gained control or not.
• IFRS 15’s indicators to determine the point in time when a customer obtains control are not factors to consider but rather criteria that have to be met for point in time recognition.
• If a performance obligation is not satisfied at a particular point in time, the presumption is that control transfers over time, in other words, revenue must be recognized over time.