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

SectionObjectives
Topic 1: Core Workday Financial Management Functionality- Workday Financial Management system functionality
  • 1. Core accounting configuration concepts
    • 2. Financial transactions and accounting processes
      Topic 2: Financial Accounting and Period Close Configuration- Accounting configuration and maintenance
      • 1. Financial accounting setup
        • 2. Period close related configuration
          Topic 3: Financial Close and Reporting- Close process execution
          • 1. Allocation processing
            • 2. Accounting adjustments
              - Financial Reporting
              • 1. Multibook reporting
                • 2. Key financial reports
                  Topic 4: Advanced Accounting Tasks- Journal Processing
                  • 1. Journal sequencing
                    • 2. Journal upload processing
                      - Complex Accounting Processes
                      • 1. Intercompany transactions
                        • 2. Lease accounting
                          - Data integrity and accounting tools
                          • 1. Data integrity tools
                            • 2. Account certifications

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

                              1. 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) Each company must configure its own template to include different worktag columns.
                              B) No additional configuration required, each company can add columns when filling out the spreadsheet.
                              C) Both companies may use the same template, additional columns for worktags can be made available by editing the template.
                              D) No additional configuration required, provided that both companies use the same account set.


                              2. 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) Report using the common book, including the blank book code.
                              C) Create two adjusting journal entries that include book codes for IFRS and for U.S. GAAP.
                              D) Create an adjusting journal entry that includes a book code specific to U.S. taxes.


                              3. You are creating a new bank account.
                              What data is required?

                              A) The bank account routing rule field
                              B) The organization and the bank account number
                              C) The phone number and institution address
                              D) Approval from your manager


                              4. There are several companies within a tenant, one of the companies requires a location worktag on supplier invoices.
                              What task should you use to manage this requirement?

                              A) Maintain Related Worktag Usage
                              B) Maintain Worktag Usage
                              C) Maintain Business Process Step Conditions
                              D) Maintain Custom Validations


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

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


                              Solutions:

                              Question # 1
                              Answer: C
                              Question # 2
                              Answer: B
                              Question # 3
                              Answer: B
                              Question # 4
                              Answer: D
                              Question # 5
                              Answer: B

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