Question

Which of the following is not an indicator that the customer is likely to have control over a good?

1) The customer has the ability to direct the use of the good
2) The customer has the ability to obtain the economic benefits from the good
3) The customer has the ability to determine the selling price of the good
4) The customer has the ability to prevent others from using the good

Answer 1

The option that does not indicate customer control over a good is the ability to determine the selling price, as this can be influenced by external market and regulatory factors.

Step-by-step explanation:

Among the indicators provided, the option that is not an indicator that a customer is likely to have control over a good is the customer has the ability to determine the selling price of the good. While having control over use, obtaining economic benefits, and preventing others from using the good are direct indicators of control, determining the selling price does not necessarily imply control over the good itself. Control over pricing is often influenced by market conditions, competition, and regulatory factors which can exist independently of actual control over the physical good.