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Workday Workday-Record-to-Report Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Operational Maintenance | - Troubleshooting - Data Validation - Best Practices |
| Financial Period Close | - Close Monitoring - Reconciliation - Period-End Close Activities |
| Record-to-Report Configuration | - Accounting Rules - Business Process Configuration - Security and Permissions |
| Financial Accounting | - General Ledger - Accounting Configuration - Accounting Processes |
| Financial Reporting | - Report Configuration - Financial Statements - Standard Financial Reports |
Workday Pro Record-to-Report (R2R) Certification Sample Questions:
If an account posting rule doesn't have any conditions or default ledger account, and a transaction occurs against that rule, what will happen?
- A. The transaction will route for additional approval.
- B. The transaction will post with the first ledger account in the account set.
- C. The transaction will stop with a critical error message for the initiator to fix.
- D. The transaction will post in error with no ledger account for that line.
Correct Answer: D 🗳️
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You need to find balances due to several suppliers for multiple periods.
What report will you use?
- A. Find Journal Lines
- B. Supplier Activity Summary
- C. Suppliers by Company
- D. Find Suppliers
Correct Answer: B 🗳️
Explanation: Only visible for ActualPDF members. You can sign-up / login (it's free).
Company D and Company E process direct intercompany transactions, and both companies would like to automatically record intercompany receipts. Company D billed Company E for services provided, and Company E settled the invoice. However, Company D's accountant noticed the receipt has not been posted.
What is the most likely cause?
- A. Company D did not select the option to record receipts automatically from Company E via the Edit Company Intercompany Profile.
- B. Company E did not select the option to record receipts automatically from Company D via the Edit Company Intercompany Profile.
- C. Company D is not defined as a customer for supplier Company E to settle invoices.
- D. Company D does not have an intercompany relationship defined with Company E.
Correct Answer: B 🗳️
At month-end, during the account certification process, a company would like certain ledger accounts prepared, reviewed, and certified by specific users.
What form of configuration do they need for this?
- A. Role Assignments on the Company.
- B. Policy, Purpose, and Procedure on the Account Certification.
- C. Role Assignments on the Account Certification Set.
- D. User Based security assignments.
Correct Answer: C 🗳️
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Company X and Company Y are part of the same Workday tenant. Company X provides consulting services to Company Y.
How will you record this intercompany service in Workday to ensure proper tracking and elimination during consolidation?
- A. Process a regular vendor invoice from Company X to Company Y.
- B. Use the intercompany transaction functionality, with Company X recording revenue and Company Y recording an expense.
- C. Directly transfer funds between the bank accounts of Company X and Company Y.
- D. Process journal entry only in Company X's books.
Correct Answer: B 🗳️
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