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

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

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

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

2. Refer to the following scenario to answer the question below.
Global Solutions, Inc. needs to allocate its monthly office rent and utilities expenses across its total 100,000 square feet (SF) of facilities space. The total monthly rent is $50,000, and total utilities are $10,000.
The company decides to allocate these costs based on the square footage occupied by each department:
* Marketing (20000 SF)
* Sales (30000 SF)
* R&D (35000 SF)
* HR (15000 SF)
Additionally, Global Solutions, Inc. decides to allocate IT support costs based on the number of employees. You must set up Workday to handle multiple allocation bases including square footage and employee count.
How will you do so?

A) Calculate the allocations outside Workday and process them as journal entries.
B) Allocate IT support costs evenly across all departments.
C) Create separate allocation definitions for each cost type and allocation basis.
D) Combine both allocation bases into a single allocation rule.

3. What security group can enter a supplier invoice?

A) Accounts Payable Manager
B) Accounts Payable Data Entry Specialist
C) Supplier Administrator
D) Accounts Payable Analyst

4. 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) Operational transactions and manually entered transactions are handled the same.
C) Workday uses built-in logic to manage most operational transactions. If necessary, the end user can override this.
D) Workday looks at the spend and revenue rules for handling operational transactions.

5. 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) Translated Currency
B) Company Currency
C) Foreign Currency
D) Transaction Currency

Solutions: