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Workday Workday-Record-to-Report Exam Syllabus Topics:

Workday Pro Record-to-Report (R2R) Certification Sample Questions:

1. How does Workday handle accounting for operational transactions?

A) Workday evaluates criteria entered on operational transactions against the account posting rules and posts operational journals accordingly.
B) Workday uses built-in logic to manage most operational transactions. If necessary, the end user can override this.
C) Workday looks at the spend and revenue rules for handling operational transactions.
D) Operational transactions and manually entered transactions are handled the same.

2. After an acquisition, a new legal entity needs to be set up.
What should you create?

A) A new cost center organization.
B) New worktags that represent the acquisition.
C) A new company organization.
D) A new reorganization before setting up the new cost center.

3. 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 Maintain Companies as Customers or Suppliers configuration is completed.
B) Ensure the account posting rules for intercompany payables and intercompany receivables have been configured.
C) Confirm the payables and receivables account posting rules are configured for Intercompany transactions.
D) Edit intercompany profiles and ensure Bank Accounts are selected.

4. 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.
To which book code will the supplier invoices be mapped?

A) An IFRS specific book code.
B) A blank book code.
C) A U.S. GAAP specific book code.
D) Both IRFS and U.S. GAAP specific book codes.

5. You submit a journal entry.
What journal status proves Workday recorded it in the ledger?

A) Approved
B) Completed
C) Submitted
D) Posted

Solutions: