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

SectionObjectives
Topic 1: Financial Accounting and Period Close Configuration- Accounting configuration and maintenance
  • 1. Financial accounting setup
    • 2. Period close related configuration
      Topic 2: Advanced Accounting Tasks- Journal Processing
      • 1. Journal sequencing
        • 2. Journal upload processing
          - Data integrity and accounting tools
          • 1. Data integrity tools
            • 2. Account certifications
              - Complex Accounting Processes
              • 1. Intercompany transactions
                • 2. Lease accounting
                  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: Core Workday Financial Management Functionality- Workday Financial Management system functionality
                          • 1. Financial transactions and accounting processes
                            • 2. Core accounting configuration concepts

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

                              Your healthcare company is restructuring its departments to improve patient care coordination.
                              Why would they set up the new departments as organizations?

                              • A. To track medical supplies inventory for each department
                              • B. To structure the hospital's workforce and financial reporting
                              • C. To schedule patient appointments within each department
                              • D. To manage employee performance reviews by department
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

                              What task will you use to specify a bank account's usage?

                              • A. Edit Bank Account
                              • B. Set Up New Bank Account
                              • C. Modify Bank Account Information
                              • D. Define Bank Account Usage
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

                              You need to record a financial transaction in Workday. The transaction does not automatically come from an operational area such as supplier accounts or customer accounts.
                              Why might you use an accounting journal?

                              • A. To ensure all financial activities are captured in the general ledger for accurate reporting
                              • B. To back up all system-generated financial data
                              • C. To provide a quicker way for departments to communicate financial information
                              • D. To trigger automated workflows for approvals and postings
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

                              Your company requires a line of business to be included on accounting journals when a cost center of 71100-Field Sales Operations is selected.
                              What should you do?

                              • A. Use the Maintain Worktag Usage task for Accounting Journals.
                              • B. Use the Maintain Related Worktags task for Cost Center.
                              • C. Create a warning custom validation.
                              • D. Create a critical custom validation.
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).

                              If an account posting rule doesn't have any conditions or default ledger account, and a transaction occurs against that rule, what will happen?

                              • A. The transaction will stop with a critical error message for the initiator to fix.
                              • B. The transaction will post with the first ledger account in the account set.
                              • C. The transaction will route for additional approval.
                              • D. The transaction will post in error with no ledger account for that line.
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

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