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Business English Test

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Wages - salaries and other forms of employee compensation.






2. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

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3. Activities involved in protecting a country - building or person against danger or attack.






4. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.






5. Debts; money that must be paid.






6. To unload and distribute some or all the contents of a rail car - container or trailer.






7. When a company produces a product of a type they have not previously made.






8. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






9. The point in units sold or sales amount when the expenses will be matched.






10. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






11. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.






12. Insurance covering loss or damage of goods at sea.






13. The first time a company offers its shares to the public.






14. A standard used to compare some aspect of a business to an external measure.






15. A vessel sailing between specific ports on a regular basis.






16. A new scientific or technical idea.






17. Cargo which is booked but does not arrive in time to be loaded onto a vessel.






18. Events which are beyond the control of a carrier like war - earthquakes or floods.






19. The planning - implementation and control of flow and storage of goods.






20. Ships fitted with tanks to carry liquid or gas cargoes.






21. The right to say what you want without anyone stopping you.






22. Estimated Time of Arrival.






23. The added value a brand name identity brings to a product or service.






24. Port where cargo enters a country and is unloaded.






25. The right to have your political view kept secret.






26. The examination and evaluation of something.






27. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.






28. A company that moves goods or passengers from one place to another.






29. When a company buys another one for more than the asset value the difference is called goodwill.






30. A moving belt you collect baggage from at the airport.






31. Usually wooden base used for moving or storing stacked goods.






32. In a business plan this is the change in the cash balance.






33. A telephone call requested at a certain time to wake someone up.






34. A rectangluar piece of luggage for carrying clothes.






35. The year as used in accounting which can begin and end in any month as the company sees fit.






36. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.






37. An investment contributed at the early stages of a new venture.






38. The efforts to make a product seem different from rival products or even unique.






39. Sales divided by total assets.






40. A shipment of goods to a consignee.






41. A person who is involved in a situation in addition to the two main participants.






42. A place to live - work - stay in : rented/temporary/furnished accommodation.






43. A machine used to pick up and transport goods loaded on pallets.






44. Someone who starts a new business venture often involving innovation and risk taking.






45. Debts owed to a company usually from sales on credit.






46. The total value of all the outstanding shares of a publicly-traded company.






47. A wealthy person who invests in a start-up company.






48. Entering land or property without permission from the owner or the right to enter.






49. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.






50. The right of owners of physical or intellectual property to consume - rent or sell their property.







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