CERTYNEX IFRS ACADEMY

Arvel involves third parties in its contracts with customers. In which of the following situations does Arvel control the specified good or service before it is transferred to the customer?

Arvel buys parts from a supplier, becomes their owner with the ability to dispose of them, then delivers them to the customer.

Arvel merely passes the customer's order on to a supplier, which delivers directly and sets the price.

Arvel obtains the right to a service performed by a subcontractor, which it directs to serve the customer.

Arvel integrates components bought from third parties into a combined output it delivers, through a significant integration service.

Arvel holds legal title for an instant, only to facilitate invoicing, without being able to dispose of the good.