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Divvy Product Refresh Quiz

Total questions: 20

Worksheet time: 7mins

Name
Class
Date
1.

Prepaid customers are eligible for rewards. What billing cycle multiplier type do they receive?

a)

Monthly

b)

Weekly

c)

Bi-Monthly

d)

They don't receive multipliers

2.

True or False: Foreign transactions fees accrue reward points. 

a)

True

b)

False

3.

What client document is necessary to execute on the Payment Services process?

a)

A voided check

b)

An invoice

c)

Vendor List

d)

Payment File

4.

What is the name of the search tool Divvy uses to canvas for vendors who may accept a virtual card?

a)

Splunk

b)

Visa Supplier Locator

c)

Marqeta

d)

TCheck

5.

Who won the Spikeball Tournament at our Top Fun event on July 1st?

a)

Jake Curtis & Jon Stoddard

b)

Jordan Ales & Aaron Evett

c)

Mitch Hess & Only Mitch Hess

d)

Woody Klemetson & Tyson Poole

6.

What is the minimum cardable AP spend per month customers must have in order to have their payments automated?

a)

$30k

b)

$350k

c)

$1 million

d)

$200k

7.

What is the grace period for late payments?

a)

25 days

b)

3 days

c)

7 days 

d)

5 days

8.

What does it mean to “code” a transaction?

a)

Importing data into your bank feed.

b)

Comparing two sets of records to check that figures are correct and in agreement.

c)

Calling a restricted merchant to dispute a force post transaction.

d)

Indicating the expense category a transaction falls into in order to ensure it is attributed to the correct account.    

9.

What is reconciling in accounting?

a)

Indicating the expense category a transaction falls into in order to ensure it is attributed to the correct account.    

b)

Comparing classes/locations and transactions in order to prevent fraud.    

c)

A process that compares two sets of records to check that figures are correct and in agreement.    

10.

What are the ways users can create custom fields in Divvy? (Select all that apply)

a)

Submit a list of desired custom fields to Customer Support to create

b)

Import custom fields via CSV

c)

Import existing custom fields using an accounting integration

d)

Create custom fields manually

11.

Select the definition which best describes the “accrual” accounting method.

a)

Creating a detailed and complete record of a company's total financial accounts. This includes assets, liabilities, equity, expenses, and income or revenue.

b)

A process that compares two sets of records to check that figures are correct and in agreement.

c)

An accounting practice where revenue or expenses are realized when a transaction occurs rather than when payment is cleared.

12.

Who won the Pickleball Tournament at our Top Fun event on July 1st?

a)

Jake Curtis & Jon Stoddard

b)

Tanner Gardner & Christian Bennett

c)

Tyson Poole & Jake Curtis

13.

Is it possible to map both “location” and “class” to QuickBooks Online?

a)

No, you cannot map to either

b)

No, you can only map to one or the other

c)

Yes, you can map to both

14.

How far back will Divvy look for transactions to auto-sync to QBO?

a)

10 days

b)

7 days

c)

30 days

d)

5 days

15.

When a customer pays their balance each month, does that transaction sync to Quickbooks Online?

a)

Yes

b)

No

16.

When a customer pays their balance each month, does that transaction sync to QuickBooks Online?

a)

Yes

b)

No

17.

How are split transactions handled in the NetSuite integration?

a)

Split transactions appear in NetSuite as duplicate journal entries in the same account. 

b)

Split transactions appear in NetSuite as one transaction with two accounts.

c)

Split transactions are entered as individual journal entries, not as multiple line items on a single charge.

d)

Split transactions cannot sync to NetSuite. They must be manually entered.

18.

Which of the following dimensions does Divvy support for the Sage Intacct integration? (Select all that apply)

a)

Chart of Accounts

b)

Class

c)

Location

d)

Project/Job

e)

Card Transactions

19.

What does that transaction status of “Incomplete” indicate?

a)

The transaction is still “pending” and hasn’t cleared yet

b)

One or more required custom fields was not filled out or a receipt was not attached when it was required by an admin

c)

An error occurred with the transaction

d)

The transaction declined for a number of reasons. “Incomplete” indicates that you need to re-run the transaction again after fixing the issue

20.

Which Divvy Sales Rep had the highest Closed Won VAS for the month of June 2022?

a)

Tyson Poole

b)

Preston Wootton

c)

Jordan Mulford

d)

Weston Hadlock