Wise Test Wise Wise Business Account Tools 2

Question 1

Which Wise Business feature allows you to hold balances in multiple currencies simultaneously?

Accepted Answer

Multi-currency account

Answer

Currency converter

Answer

FX hedging tool

Answer

Global wallet lock

Question 2

What is the primary purpose of the Wise Business debit card for US businesses?

Accepted Answer

Spending directly from multi-currency balances at the mid-market rate

Answer

Earning cashback rewards on purchases

Answer

Accessing ATM cash globally for free unlimited times

Answer

Automating recurring subscription payments

Question 3

How does Wise Business handle payroll payments to international employees?

Accepted Answer

Allows batch payments to multiple recipients in different countries and currencies

Answer

Only supports domestic ACH transfers

Answer

Requires a separate Wise Payroll subscription

Answer

Integrates exclusively with QuickBooks payroll

Question 4

What does the Wise Business API primarily enable for companies?

Accepted Answer

Programmatic sending, receiving, and tracking of international payments

Answer

Automated currency hedging contracts

Answer

Direct integration with the SWIFT network

Answer

Real-time stock price feeds for treasury management

Question 5

When a US business receives a payment to its Wise USD account details, which payment rail does the payer typically use?

Accepted Answer

ACH or wire transfer via the provided US routing and account numbers

Answer

Wire transfer only

Answer

SWIFT only

Answer

Zelle peer-to-peer network

Question 6

Which of the following best describes Wise Business's QuickBooks integration?

Accepted Answer

It syncs Wise transactions and balances directly into QuickBooks for reconciliation

Answer

It automatically files tax returns via QuickBooks

Answer

It replaces QuickBooks invoicing features entirely

Answer

It only imports USD transactions, not foreign currency ones

Question 7

What is a key benefit of using Wise Business team features to issue multiple user accounts?

Accepted Answer

You can grant employees role-based access and spending permissions without sharing your main login

Answer

Each team member gets a separate Wise Business subscription at no extra cost

Answer

Team accounts earn double conversion rate benefits

Answer

All team members automatically become account owners with full withdrawal rights