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

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

Question 1

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

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

Question 2

An accountant would like to import multiple accounting journals for one company.
As a part of the import, what currency would the ledger amounts convert to when posted?

A. Transaction Currency
B. Translated Currency
C. Foreign Currency
D. Company Currency

Question 3

You need to find balances due to several suppliers for multiple periods.
What report will you use?

A. Find Suppliers
B. Suppliers by Company
C. Supplier Activity Summary
D. Find Journal Lines

Question 4

A company wants to allocate costs from operating expenses ledger accounts with a cost center of Facilities and a location of Chicago. When the current allocation definition is run, all costs posted to the operating expenses ledger accounts are being allocated regardless of cost center or location.
What should you do?

A. Add the cost center and location to the statistic definition.
B. Add the cost center and location to the source.
C. Add the cost center and location from the source data to the target.
D. Add the cost center and location from the source data to the offset.

Question 5

A company needs to comply with both ASC 842 and IFRS 16 leasing standards.
When creating an alternate supplier contract to comply with IFRS 16, what will determine the appropriate accounting for the installment expense recognition?

A. The alternate supplier contract's interest rate
B. The original supplier contract's accounting method
C. The original contract's contract type and contract accounting method
D. The alternate supplier contract's accounting method

Solutions: