Business Vocabulary: MCQ Quiz

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Stephaniebailey
S
Stephaniebailey
Community Contributor
Quizzes Created: 1 | Total Attempts: 208
| Attempts: 209
SettingsSettings
Please wait...
  • 1/9 Questions

    An application is:

    • A form that a potential employer may ask you to complete.
    • A computer based program that performs word processing or spreadsheets.
    • May contain previous work experience.
    • Should not be filled out in black pen.
Please wait...
About This Quiz

This Business Vocabulary MCQ Quiz assesses knowledge of common workplace terms and concepts. It covers acronyms, applications, budgeting, document organization, and time management, crucial for effective business communication and operations.

Workplace Communication Quizzes & Trivia

Quiz Preview

  • 2. 

    Collate means:

    • To assemble papers by month.

    • To assemble papers numerically.

    • To assemble papers alphabetically.

    • To assemble papers in order.

    Correct Answer(s)
    A. To assemble papers by month.
    A. To assemble papers numerically.
    A. To assemble papers alphabetically.
    A. To assemble papers in order.
    Explanation
    The correct answer is to assemble papers in order.

    Rate this question:

  • 3. 

    Blamestorming is:

    • A group of people gathering to figure out what went wrong.

    • A group of people gathering to figure out why something didn't work.

    • A group of people gathering to eat.

    • A group of people gathering to place blame on someone.

    Correct Answer(s)
    A. A group of people gathering to figure out what went wrong.
    A. A group of people gathering to figure out why something didn't work.
    A. A group of people gathering to place blame on someone.
    Explanation
    Blamestorming refers to a group of people gathering to analyze and discuss what went wrong or why something didn't work. It involves a collective effort to identify and understand the root causes of a problem or failure, rather than simply placing blame on someone. The term suggests a collaborative approach to problem-solving and learning from mistakes, rather than focusing on assigning fault.

    Rate this question:

  • 4. 

    An Acronym:

    • Is the opposite of synonym.

    • Is a new word formed by taking letters from two or more words.

    • Example is BCIS.

    • Is a new word formed by taking letters from a word.

    Correct Answer(s)
    A. Is a new word formed by taking letters from two or more words.
    A. Example is BCIS.
    Explanation
    The correct answer is "is a new word formed by taking letters from two or more words, example is BCIS." This is because an acronym is a word formed by combining the initial letters or parts of several words to create a new word. BCIS is given as an example of an acronym, as it is formed by taking the initial letters from the words "Business," "Computer," and "Information" and combining them to form a new word.

    Rate this question:

  • 5. 

    A budget

    • Is usually written for one year.

    • Can be spent by individuals.

    • Can be spent on expenses.

    • Is an amount of money given to a department.

    Correct Answer(s)
    A. Is usually written for one year.
    A. Can be spent by individuals.
    A. Can be spent on expenses.
    A. Is an amount of money given to a department.
    Explanation
    A budget is a financial plan that outlines the expected income and expenses for a specific period, usually one year. It helps individuals and organizations manage their finances by allocating funds for various expenses. Individuals can spend the budgeted amount on their personal expenses, while organizations allocate the budget to different departments or functions. Therefore, a budget is typically written for one year, can be spent by individuals, can be spent on expenses, and is an amount of money given to a department.

    Rate this question:

  • 6. 

    Comp time:

    • Can be used as vacation time.

    • is time on a computer.

    • Can be used to be paid overtime.

    • Is only available at some jobs.

    Correct Answer(s)
    A. Can be used as vacation time.
    A. Can be used to be paid overtime.
    A. Is only available at some jobs.
    Explanation
    Comp time refers to compensatory time off, which is a policy that allows employees to take time off from work instead of receiving overtime pay for extra hours worked. This time off can be used as vacation time, allowing employees to take a break from work and relax. Additionally, comp time can also be used to be paid overtime, meaning that employees can choose to accumulate extra hours worked as time off or receive additional pay for those hours. However, it is important to note that comp time policies may vary across different jobs and organizations, and not all jobs offer this benefit.

    Rate this question:

  • 7. 

    A commute:

    • Can depend on traffic.

    • That is lengthy must be worth your time and money.

    • Is the amount of time it takes to get to and from work.

    • Is the route taken to and from work.

    Correct Answer(s)
    A. Can depend on traffic.
    A. That is lengthy must be worth your time and money.
    A. Is the amount of time it takes to get to and from work.
    A. Is the route taken to and from work.
    Explanation
    A commute can depend on traffic because the time it takes to get to and from work can vary based on the amount of traffic on the road. A lengthy commute must be worth your time and money because if the commute is long, it should be valuable enough to justify the time and cost spent on it. The commute is the amount of time it takes to get to and from work, as well as the route taken to and from work.

    Rate this question:

  • 8. 

    A bonus:

    • Is extra money given to an employee for a job well done.

    • Is often given at Christmas.

    • Can be another form of gift besides money.

    • Is an amount applied to your regular paycheck.

    Correct Answer(s)
    A. Is extra money given to an employee for a job well done.
    A. Is often given at Christmas.
    A. Can be another form of gift besides money.
    Explanation
    The correct answer is that a bonus is extra money given to an employee for a job well done. This additional compensation is often given as a reward or recognition for exceptional performance. Bonuses can also be given at Christmas or other special occasions as a form of appreciation. It is worth noting that bonuses can take different forms besides money, such as gifts, vouchers, or additional time off.

    Rate this question:

  • 9. 

    Bi-weekly is:

    • 52 times a year.

    • Every other week.

    • 26 times a year.

    • Usually in reference to paychecks.

    • Two times a month.

    Correct Answer(s)
    A. Every other week.
    A. 26 times a year.
    A. Usually in reference to paychecks.
    Explanation
    Bi-weekly means occurring every other week, so it happens 26 times in a year. It is often used in reference to paychecks, as some people are paid bi-weekly, receiving their salary every two weeks.

    Rate this question:

Quiz Review Timeline (Updated): Mar 21, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 23, 2010
    Quiz Created by
    Stephaniebailey
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.