A generalized fault isolability matrix is proposed for quantitative analysis of fault isolability properties. The original fault isolability matrix gives information about which faults that are isolable from each other. However, other relavant isolability properties are not visible which can be important, for example, information regarding alternative fault hypotheses and multiple-fault isolability. The result of the analysis can be presented in the same compact form as the existing fault isolability matrix which makes it simple to visualize. As a case study, a model of an internal combustion engine is analyzed and two different solutions to the test selection problem are compared.