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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. Insurance covering loss or damage of goods at sea.






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






3. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

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






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






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






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






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






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






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






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

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






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






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






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






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






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






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






19. Hospital department for people who suddenly become ill or are hurt in an accident.






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






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






22. Useable or acceptable.






23. Expenses arising during normal business operations.






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






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






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






27. A demanding or stimulating situation.






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






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






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






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






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






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






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






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






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






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






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






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






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






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






42. Things which are likely or feasible.






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






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






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






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






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






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






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






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