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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. A flexible tube used to transport liquids or gas.






2. Business wholly owned by its employees with the emphasis on group decision making.






3. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






4. A shipment of goods to a consignee.






5. 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.






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






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






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






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






10. Device which breaks to stop the flow of current in the event of an overload.






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






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






13. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.






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






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






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






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






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






19. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.






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






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






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






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






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






25. Officials formally appointed to run and represent a company.






26. The examination and evaluation of something.






27. When you allow someone to start a specific business by using your products in exchange for a part of his profits.






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






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






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






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






32. Setting a relatively low intitial price for a new product in order to win market share.






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






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






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






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






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






38. A voting system where each vote is kept private.






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






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






41. List of goods in a store or warehouse.






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






43. Metal rails along which a train travels.






44. The ability to develop new ideas.






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






46. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.






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






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






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






50. The possibility of suffering harm or loss; a danger.