Common Business Acronyms Quiz

10 Questions | By Alfredhook3 | Last updated: Mar 22, 2022 | Total Attempts: 168

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Are you well aware of the language of the business world, i. E. , acronyms? What are some common acronyms used in businesses? Play the quiz below and check for yourself. Business acronyms are the abbreviations of words and phrases that are used to convey messages within the organization. Some of them are; BID, COD, EOD, etc. If you think you can easily crack these acronyms, then what are you waiting for? Take up the quiz and get your scores in the end.

Questions and Answers

1.

What does "TBH" mean?
- A.
  
  Try both highways
- B.
  
  Try (to) be humble
- C.
  
  To be honest
2.

BID stands for ----
- A.
  
  Bring it down
- B.
  
  Break it down
- C.
  
  Brought it down
3.

Which acronym can mean all these? Keep me posted. Give me a shout. Give me a heads-up. Keep me informed.
- A.
  
  LMK
- B.
  
  KMI
- C.
  
  KMP
4.

What does OOO mean in business?
- A.
  
  Hugs (as in "hugs and kisses": oxox)
- B.
  
  Opportunity occurring online
- C.
  
  Out of office
5.

Often people use this acronym meaning, “You may already know this, but I wanted to make sure you did.” (In this way, it’s sort of a mix between FYI and BTW.) Use it to direct people’s attention toward something you want them to see or—more importantly—not overlook.
- A.
  
  ICYMI
- B.
  
  FYIP
- C.
  
  DOTP
6.

FWIW stands for
- A.
  
  For what it’s worth
- B.
  
  For why it’s worth
- C.
  
  For what it’s waste
7.

What is the full form of "AAR"?
- A.
  
  Average Annual Return
- B.
  
  Average Annual Rate
- C.
  
  Annual Accounting Rate
8.

ETA stands for
- A.
  
  Expected time of arrival
- B.
  
  Estimated time of action
- C.
  
  Estimated time of arrival
9.

BOP stands for
- A.
  
  Balance of Payments
- B.
  
  Business Order Pay
- C.
  
  Back Office Pay
10.

SMART stands for
- A.
  
  Specific, machine, attainable, realistic, time-bound
- B.
  
  Start, measurable, attainable, realistic, time-bound
- C.
  
  Specific, measurable, attainable, realistic, time-bound