CERTYNEX IFRS ACADEMY

Ardoisière du Lys sells pallets of roof tiles to a wholesaler. Which of the following facts, observed on 31 March 20X1, are indicators that the wholesaler has obtained control of the tiles?

The wholesaler has not yet paid the invoice.

Ardoisière has a present right to payment of the price.

Ardoisière is still producing part of the tiles ordered for the next delivery.

The wholesaler has received the pallets without reservation.

Legal title to the delivered pallets has passed to the wholesaler.