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






2. A new scientific or technical idea.






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






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






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






6. 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.






7. One of the documents required by a firm to become a limited company.






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






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






10. The right to have details of your financial transactions kept secret.






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






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






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






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






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






16. Useable or acceptable.






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






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






19. List of goods in a store or warehouse.






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






21. When someone breaks your right to privacy.






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






23. Goods which are shipped loose in the hold of a ship.






24. The monitoring or close observation of behaviour.






25. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.






26. The examination and evaluation of something.






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






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






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






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






31. Ships with permanent container cells with little or no space for other cargo types.






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






33. Metal rails along which a train travels.






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






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






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






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






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






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






40. The science of making sure people and machines work together as well as possible.






41. Debts; money that must be paid.






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






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






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






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






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






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






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






49. Compensation paid to a person on the basis of products sold.






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