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Workday Workday-Record-to-Report Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Core Workday Financial Management Functionality | - Workday Financial Management system functionality
- 1. Financial transactions and accounting processes
- 2. Core accounting configuration concepts
|
| Topic 2: Advanced Accounting Tasks | - Data integrity and accounting tools
- 1. Account certifications
- 2. Data integrity tools
- Journal Processing
- 1. Journal upload processing
- 2. Journal sequencing
- Complex Accounting Processes
- 1. Lease accounting
- 2. Intercompany transactions
|
| Topic 3: Financial Close and Reporting | - Financial Reporting
- 1. Key financial reports
- 2. Multibook reporting
- Close process execution
- 1. Allocation processing
- 2. Accounting adjustments
|
| Topic 4: Financial Accounting and Period Close Configuration | - Accounting configuration and maintenance
- 1. Period close related configuration
- 2. Financial accounting setup
|
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. New worktags that represent the acquisition.
B. A new reorganization before setting up the new cost center.
C. A new company organization.
D. A new cost center organization.
Question 2
At month-end, during the account certification process, a company would like certain ledger accounts prepared, reviewed, and certified by specific users.
What form of configuration do they need for this?
A. Role Assignments on the Account Certification Set.
B. Policy, Purpose, and Procedure on the Account Certification.
C. Role Assignments on the Company.
D. User Based security assignments.
Question 3
After running an allocation, what status will the resulting journal(s) be in?
A. Pro Forma
B. Posted
C. Created
D. In Progress
Question 4
You are creating a new bank account.
What data is required?
A. The organization and the bank account number
B. The phone number and institution address
C. The bank account routing rule field
D. Approval from your manager
Question 5
Your company uses Workday to track shared service costs.
How can you ensure that costs are distributed to the business based on square footage?
A. Allow each business unit to self-report their usage and manually adjust the costs.
B. Allocate shared service costs at the end of the fiscal year.
C. Evenly distribute the costs across all business units, regardless of usage.
D. Set up an allocation with pro-rata usage metrics to distribute the costs.
Solutions:
Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: A | Question 4 Answer: A | Question 5 Answer: D |