30 cardsPoklicna matura (Vocational Matura Slovenia)

Business Economics and Professional English Terms

30 flashcards covering key business structures, economic indicators, accounting equations, and technical English terminology for the vocational matura. Study material written for practice, not an official test.

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Fundamental accounting balance sheet identity
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1
Fundamental accounting balance sheet identity
Assets = Liabilities + Equity (Sredstva = Obveznosti do virov sredstev + Kapital)
2
Minimum statutory share capital for a d.o.o. in Slovenia
7500 EUR (under the Companies Act ZGD-1)
3
Minimum statutory share capital for a d.d. in Slovenia
25000 EUR
4
Financial liability of a sole proprietor (samostojni podjetnik - s.p.)
Unlimited personal liability with all private and business assets.
5
Public register of companies and business entities in Slovenia
AJPES (Agency for Public Legal Records and Related Services)
6
Four elements of the traditional marketing mix (4Ps)
Product, Price, Place, and Promotion.
7
Four quadrants of a SWOT strategic analysis
Strengths, Weaknesses (internal), Opportunities, and Threats (external).
8
EBITDA definition in corporate financial reporting
Earnings Before Interest, Taxes, Depreciation, and Amortization.
9
Current ratio formula for short-term liquidity
Current Assets / Current Liabilities (Tokovni količnik)
10
Standard rate of Value-Added Tax (DDV) in Slovenia
22% (with reduced rates of 9.5% and 5%)
11
Statutory corporate income tax rate in Slovenia (2024–2028)
22% (increased from 19% under post-flood reconstruction financing)
12
Gross Domestic Product (GDP / BDP) definition
The total market value of all final goods and services produced within a country in a year.
13
Four freedoms of the European Union Single Market
Free movement of goods, services, capital, and persons/labor.
14
Statutory bank deposit guarantee limit in the European Union
100000 EUR per depositor per credit institution.
15
Maastricht fiscal criteria for euro adoption
General government deficit < 3% of GDP, and gross public debt < 60% of GDP.
16
Year of Slovenia's adoption of the euro as official currency
2007 (on 1 January 2007, replacing the Slovenian tolar)
17
Incoterm EXW (Ex Works) core responsibility
The seller makes goods available at their factory; the buyer assumes all transport and risk.
18
Incoterm FOB (Free on Board) risk transfer point
Risk transfers from seller to buyer when goods are loaded on board the vessel at the port of origin.
19
Incoterm DDP (Delivered Duty Paid) core responsibility
The seller delivers goods to the buyer cleared for import with all duties and taxes paid.
20
Bill of Lading (B/L) primary legal function
A document issued by a carrier acknowledging receipt of cargo and serving as a document of title.
21
Letter of Credit (L/C) function in international trade
A bank payment guarantee ensuring the seller receives payment upon presenting compliant shipping documents.
22
Purchase Order (PO) commercial purpose
An official commercial document issued by a buyer committing to purchase goods from a seller at stated terms.
23
Credit Note commercial purpose
A document issued by a vendor to reduce the customer's payable balance due to returns, overbilling, or allowances.
24
Force Majeure contractual clause
A clause freeing parties from liability when extraordinary, unavoidable events (war, natural disaster) prevent performance.
25
LOTO protocol in industrial safety
Lockout/Tagout: de-energizing and locking machinery power sources during maintenance.
26
Safety Data Sheet (SDS) function
A document providing standardized safety, toxicity, handling, and first-aid data for chemicals.
27
Just-In-Time (JIT) manufacturing principle
An inventory strategy receiving goods only as needed in production to minimize holding costs.
28
Passive voice structure with modal verbs in technical manuals
Modal + be + past participle (e.g. 'Safety goggles must be worn at all times').
29
Zero conditional structure for technical automated reactions
If + present simple, present simple (e.g. 'If temperature exceeds 90°C, the emergency valve opens').
30
Third conditional structure for past technical troubleshooting
If + past perfect, would have + past participle (e.g. 'If the fuse had been checked, the shutdown would have been prevented').

Poklicna matura (Vocational Matura Slovenia) in Slovenia

In Slovenia, Poklicna matura (Vocational Matura Slovenia) is part of: School-leaving exams.

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