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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. One of the documents required by a firm to become a limited company.






2. The truck unit onto which freight in a container is loaded.






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






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






5. Property that a business owns - including cash and receivables - inventory etc.






6. The characteristic of a measurement regarding how precise it is.






7. A response or reaction to a piece of information.






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






9. A person who is on the managing board of a business.






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






11. A new scientific or technical idea.






12. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.






13. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






14. The right to privacy and control of your information on the internet.






15. A unit of measure for liquids equivalent to 42 gallons.






16. The estimated loss of value of assets over a period of time.






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






18. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.






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






20. List of goods in a store or warehouse.






21. Earnings Before Interest - Taxes - Depreciation and Amortization.






22. An invasion of someone's private life without due cause.






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






24. A planned - temporary break in a journey - for instance to change planes.






25. Damage or hurt experienced by a person or animal.






26. The monitoring or close observation of behaviour.






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






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






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






30. Debts; money that must be paid.






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






32. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.






33. A business classed as a separate legal entity so if there is a financial problem the owners would not lose all their money - only the money they had invested in the company.






34. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.






35. The complete range of a company's offerings including products and services.






36. Earnings which are reinvested in the company rather than paid out as dividends.






37. A technique used to assess expected profitability of a company or single product.






38. General term for ships designed to carry cargo rather than passengers.






39. A shipment of goods to a consignee.






40. The organization that surveys and classifies ships for insurance companies.

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41. A short statement describing the main objectives and aims of a business.






42. Mechanical device controlling the flow of a gas or liquid in a system.






43. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.






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






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






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






47. Ships especially designed for trucks to drive into them using internal ramps.






48. Net profits divided by net worth or total equity.






49. Forty-Foot Equivalent Units - a standard size for shipping containers.






50. Written description of how something should be done.