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






2. The ability to develop new ideas.






3. A piece of information - for example how a certain product is made - which is only known to the company that makes it.






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






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






6. A delivery which is currently between its source and destination.






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






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






9. A flexible tube used to transport liquids or gas.






10. A defined segment of the market that a product is aimed at.






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






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






13. The idea that anything you tell your doctor will remain confidential.






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






15. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






16. Duties or taxes imposed by the government on imported and exported goods.






17. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.






18. Letting a third-party company take care of your logistics for you.






19. Documents used to procure freight and express transportation and services from commercial carriers.






20. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






21. Information officially declared secret - such as classified documents or material that are available only to particular people.






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






23. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






24. Raised flat area beside a train track for entering or exiting a train.






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






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






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






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






29. Earnings Before Interest and Taxes.






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






31. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.






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






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






34. When all members of a group agree to support a decision even if they don't agree with it.






35. A rectangluar piece of luggage for carrying clothes.






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






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






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






39. A form of corporate equity ownership giving voting rights.






40. 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.






41. Abbreviation for a standardized container - Twenty-foot equivalent unit.






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






43. Expenses arising during normal business operations.






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






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






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






47. A non-profit making organization which exists to support and help a particular group.






48. The obsessive following - observing or contacting of another person.






49. Device containing water - foam or powder used to put out a fire.






50. Written description of how something should be done.