Questões de Concurso Comentadas por alunos sobre verbos frasais | phrasal verbs em inglês

                                 LARGEST AIRCRAFT IN THE WORLD

      We have lift-off. The world's largest aircraft has taken to the skies for the first time.The Airlander 10 spent nearly two hours in the air, having taken off from Cardington Airfield in Bedfordshire. During its flight, it reached 3,000 feet (914 meters) and performed a series of gentle turns all over a safe area.

      The aircraft is massive – as long as a football pitch and as tall as six double decker buses and capable of flying for up to five days. It was first developed for the US government as a long-rangesurveillance aircraft but was scrapped following cutbacks.

      Each one cost 25 million pounds and can carry heavier loads than jumbo jets while also producing less noise and emitting less pollution. The makers, Hybrid Air Vehicles, believe it‟s the future of aircraft, and that one day we'll be using them to get places.

      But we're a while away yet. The Airlander will need to clock up 200 hours‟ flying time before beingdeemed airworthy by aviation bodies. If it passes though, we can hope we'll all get some extra leg room.

Text 4 to answer question.

      Goods in transit refers to merchandise and other inventory items that have been shipped by the seller, but have ..I.. been received by the purchaser. To illustrate goods in transit, let's use the following example. Company J ships a truckload of merchandise on December 30 to Customer K, which is located 2,000 miles away. The truckload of merchandise arrives at Customer K on January 2. Between December 30 and January 2, the truckload of merchandise is goods in transit. The goods in transit requires special attention if the companies issue financial statements as of December 31. The reason is that the merchandise is the inventory of one of the two companies. However, the merchandise is not physically present at either company. One of the two companies must add the cost of the goods in transit to the cost of the inventory that it has in its possession.

      The terms of the sale will indicate which company should report the goods in transit as its inventory as of December 31. If the terms are FOB shipping point, the seller (Company J) will record a December sale and receivable, and ..II..  include the goods in transit as its inventory. On December 31, Customer K is the owner of the goods in transit and will need to report a purchase, a payable, and must add the cost of the goods in transit to the cost of the inventory which is in its possession.

      If the terms of the sale are FOB destination, Company J will not have a sale and receivable until January 2. This means Company J must report the cost of the goods in transit in its inventory on December 31. (Customer K will not have a purchase, payable, or inventory of these goods until January 2.)

       (Adapted from http://www.accountingcoach.com/blog/what-are-goods-in-transit)