Test your basic knowledge |

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. The sale of part-ownership in a venture to gain additional capital for a start-up.






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






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






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






5. The fraudulent use of someone's identity in order to steal money or get other benefits.






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






7. To decide that an agreed appointment or booking will not take place.






8. An agreement that regulates the rights and obligations of shareholders.






9. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.






10. The times of highest demand for a product or service.






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






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






13. A method recognised throughout a business sector as the best way to do something.






14. Expenses arising during normal business operations.






15. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






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






17. Estimated Time of Arrival.






18. To make valid by approval - to establish the certainty of something.






19. The granting of power to perform various acts or duties.






20. Steps taken in advance to avoid an accident happening.






21. Metal rails along which a train travels.






22. An organization able to respond to and address changes in a market - their environment or industry.






23. Transporting something using different means of transport - e.g. first on a truck and then on a ship.






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






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






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

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


27. The state of remaining unknown to most other people.






28. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






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






30. Protective helmet worn on building sites etc. to prevent injuries to the head.






31. Initial medical attention given to someone in the event of an accident or sudden illness.






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






33. A portion - piece or segment of something that is representative of the whole.






34. Debts; money that must be paid.






35. The total value of the money invested into a company by its shareholders.






36. A form of company which has a separate legal identity and limited liabilities.






37. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






38. Monitoring of public places using video cameras.






39. Expenses for a company which do not change based on production or sales levels.






40. Someone who acts as an agent on behalf of a shipper.






41. Cargo which is transported by plane.






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






43. Vessel designed to carry bulk cargo such as grain or ore.






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






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






46. 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.






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






48. Things which are likely or feasible.






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






50. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.