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Workday Workday-Record-to-Report Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Financial Accounting | - Accounting Processes - General Ledger - Accounting Configuration |
| Record-to-Report Configuration | - Accounting Rules - Business Process Configuration - Security and Permissions |
| Operational Maintenance | - Data Validation - Troubleshooting - Best Practices |
| Financial Reporting | - Financial Statements - Standard Financial Reports - Report Configuration |
| Financial Period Close | - Period-End Close Activities - Close Monitoring - Reconciliation |
Workday Pro Record-to-Report (R2R) Certification Sample Questions:
Company A and Company B need to upload accounting journals. Each company wants specific worktags available in the spreadsheet template.
What should these companies do?
- A. Both companies may use the same template, additional columns for worktags can be made available by editing the template.
- B. No additional configuration required, provided that both companies use the same account set.
- C. No additional configuration required, each company can add columns when filling out the spreadsheet.
- D. Each company must configure its own template to include different worktag columns.
Correct Answer: A 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).
You are a finance administrator and your company is setting up their financials. They want to track all intercompany payables in a new ledger account.
What approach should you take?
- A. Create the new ledger account and then use it as default for the intercompany payables account posting rule.
- B. Set up a new condition rule for Accounting Journals and include the new ledger accounts to be used for intercompany payables and receivables.
- C. Create the new ledger account and then use them accordingly when entering intercompany transactions.
- D. Set up a new condition rule for Intercompany and include the new ledger accounts to be used for payables and receivables.
Correct Answer: A 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).
What does the Taxable field indicate when you set up a customer in Workday?
- A. It shows you the customer's tax ID.
- B. Whether the customer is subject to sales tax.
- C. It indicates the customer's tax filing status.
- D. Whether the customer is exempt from property tax.
Correct Answer: B 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).
Once a user enters a financial transaction, what company accounting detail is locked from being changed?
- A. Company Currency
- B. Account Posting Rule Set
- C. Account Translation Rule Set
- D. Account Control Rule Set
Correct Answer: A 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).
What task will you use to specify a bank account's usage?
- A. Set Up New Bank Account
- B. Define Bank Account Usage
- C. Edit Bank Account
- D. Modify Bank Account Information
Correct Answer: C 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).
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