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

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

1. A business process administrator would like to alert the initiator if their business process has been denied.
What type of configuration should be used on the business process?

A) Help Text
B) Review Step
C) Document Delivery
D) Notification

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

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

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

4. A company that has multiple subsidiaries is implementing Workday. They need to set up intercompany transactions.
What is the first step in this process?

A) Train employees on how to record intercompany transactions.
B) Edit the intercompany profiles between the companies.
C) Define the settlement terms between subsidiaries.
D) Create the journal entries for historical intercompany transactions.

5. What would you use to review and reconcile the intercompany balances between two companies?

A) Intercompany Work Area report
B) Supplier Activity Summary report
C) Bank Statement report
D) Customer Activity Summary report

Solutions: