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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. Bills to be paid as part of the normal course of business.






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






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






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






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






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






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






8. 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.






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






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






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






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






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






14. The expected behaviour or standard for something.






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






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






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






18. A company where the owners are personally liable for the debts of the company.






19. A demanding or stimulating situation.






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






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






22. The right to have your sexual orientation and practices remain secret.






23. Wages - salaries and other forms of employee compensation.






24. Costs that fluctuate in direct relation to the volume of units produced.






25. The ability to develop new ideas.






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






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






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






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






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






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






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






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






34. List of goods in a store or warehouse.






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






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






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






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






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






40. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.






41. The amount of money of a company's profits that is distributed to its shareholders.






42. The time it takes between the arrival of a vessel or aircraft and its departure.






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






44. Fundamental human rights usually protected by law such as freedom of speech and religion.






45. Metal rails along which a train travels.






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






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






48. Series of questions designed to gather information on a certain topic.






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






50. Unfair treatment of a person or group based on prejudice.