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Workday Workday-Record-to-Report Exam Overview:

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

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

1. 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) User Based security assignments.
B) Role Assignments on the Company.
C) Role Assignments on the Account Certification Set.
D) Policy, Purpose, and Procedure on the Account Certification.

2. As an auditor, you find a discrepancy in the intercompany balances between Company C and Company D.
How will you reconcile this difference?

A) Reverse the transactions in the current period.
B) Delete all intercompany transactions and re-enter them.
C) Manually adjust the balances in the consolidated financial statements.
D) Review the intercompany transaction reports to identify imbalances.

3. Refer to the following scenario to answer the question below.
Your company just implemented Workday. Several users in the finance department cannot access certain delivered financial reports they need to perform their month-end close tasks. Additionally, some journal entries that were manually created are not being automatically routed for approval as expected. As a member of the security team, you need to investigate and resolve these issues.
Why are the users unable to access the reports?

A) The reports are poorly designed.
B) The users do not have access to the security domain, which secures the standard report.
C) The reports are scheduled to run only at specific times that do not coincide with the users' access attempts.
D) The users' Workday accounts have not been activated since the system went live.

4. You are a finance administrator and your company is setting up their financials. They want to track all intercompany payables in a new ledger account.
What approach should you take?

A) Set up a new condition rule for Intercompany and include the new ledger accounts to be used for payables and receivables.
B) Create the new ledger account and then use them accordingly when entering intercompany transactions.
C) Create the new ledger account and then use it as default for the intercompany payables account posting rule.
D) Set up a new condition rule for Accounting Journals and include the new ledger accounts to be used for intercompany payables and receivables.

5. Company B is a standalone company and is not part of a hierarchy.
What must you complete before Company B can enter an operating lease contract in Workday?

A) Use Maintain Lease Contract Book Code Configuration to configure Company B's lease types, accounting methods, and corresponding book codes.
B) Ensure that all supplier contracts are approved for Company B.
C) Include Company B in a hierarchy.
D) Enter a supplier contract for Company B and indicate the specific lease type, accounting method, and book code as contract parameters.

Solutions: