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Workday Workday-Record-to-Report Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Chart of Accounts and Organizational Setup | - Financial dimensions and configuration - Ledger and organizational structure design |
| Security and Workflow Configuration | - Access controls for financial processes - Process automation and workflow design |
| Period End Close and Consolidation | - Month-end and year-end close procedures - Financial consolidation and intercompany processing |
| Introduction to Record-to-Report | - Core concepts and purpose of the R2R cycle - End-to-end business process overview |
| Financial Accounting Fundamentals | - Accounting principles in Workday - Financial structures and ledgers |
| Journal Processing and Accounting Entries | - Journal creation, validation, and posting - Adjustments, reversals, and approval workflows |
| Financial Reporting and Analytics | - Financial statement generation - Reporting frameworks and analytics tools |
Workday Pro Record-to-Report (R2R) Certification Sample Questions:
Refer to the following scenario to answer the question below.
A company is a global organization that needs to comply with multiple accounting standards. The company has configured their account posting rules so that certain supplier invoices will comply with U.S. GAAP rules but will not comply with IFRS.
What would we need to do to report according to U.S.GAAP standards?
- A. Create an adjusting journal entry that includes a book code specific to IFRS.
- B. Create two adjusting journal entries that include book codes for IFRS and for U.S. GAAP.
- C. Report using the common book, including the blank book code.
- D. Create an adjusting journal entry that includes a book code specific to U.S. taxes.
Correct Answer: C 🗳️
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Company A has created an accounting journal to move costs to Company B. The journal is in error status, as there are missing ledger accounts for intercompany payables and receivables.
What should you do?
- A. Ensure the account posting rules for intercompany payables and intercompany receivables have been configured.
- B. Confirm the payables and receivables account posting rules are configured for Intercompany transactions.
- C. Ensure the Maintain Companies as Customers or Suppliers configuration is completed.
- D. Edit intercompany profiles and ensure Bank Accounts are selected.
Correct Answer: A 🗳️
If a user records an on-account payment for a customer, what additional step must be completed in Workday before a refund may be processed?
- A. Process a customer invoice adjustment
- B. Create a customer deposit
- C. Write-off bad debt
- D. Create settlement run
Correct Answer: B 🗳️
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A business process administrator would like to alert the initiator if their business process has been denied.
What type of configuration should be used on the business process?
- A. Notification
- B. Document Delivery
- C. Review Step
- D. Help Text
Correct Answer: A 🗳️
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Your company requires a line of business to be included on accounting journals when a cost center of 71100-Field Sales Operations is selected.
What should you do?
- A. Use the Maintain Related Worktags task for Cost Center.
- B. Use the Maintain Worktag Usage task for Accounting Journals.
- C. Create a warning custom validation.
- D. Create a critical custom validation.
Correct Answer: D 🗳️
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