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






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






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






4. The time which a seller needs to produce and deliver goods.






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






6. Useable or acceptable.






7. 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.






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






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






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






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






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






13. Monitoring of public places using video cameras.






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






15. Ships fitted with tanks to carry liquid or gas cargoes.






16. The ability to develop new ideas.






17. Earnings Before Interest and Taxes.






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






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






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






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






22. A short description of a company's purpose in relation to customers - products - markets etc.






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






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






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






26. Debts; money that must be paid.






27. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.






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






29. Activities involved in protecting a country - building or person against danger or attack.






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






31. Written description of how something should be done.






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






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






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






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






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






37. Expenses arising during normal business operations.






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






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






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






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






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






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






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






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






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






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






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






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






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