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

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

1. 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.
In addition to the supplier invoices, what transaction is necessary for the IFRS book to achieve compliance?

A) An adjusting journal entry that includes a book code specific to U.S. GAAP.
B) Two adjusting journal entries that include book codes for IFRS and for U.S. GAAP.
C) An adjusting journal entry assigned to the blank book code.
D) An adjusting journal entry that includes a book code specific to IFRS.

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

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

3. Company D and Company E process direct intercompany transactions, and both companies would like to automatically record intercompany receipts. Company D billed Company E for services provided, and Company E settled the invoice. However, Company D's accountant noticed the receipt has not been posted.
What is the most likely cause?

A) Company D does not have an intercompany relationship defined with Company E.
B) Company D did not select the option to record receipts automatically from Company E via the Edit Company Intercompany Profile.
C) Company E did not select the option to record receipts automatically from Company D via the Edit Company Intercompany Profile.
D) Company D is not defined as a customer for supplier Company E to settle invoices.

4. Company A and Company B need to upload accounting journals. Each company wants specific worktags available in the spreadsheet template.
What should these companies do?

A) No additional configuration required, provided that both companies use the same account set.
B) Each company must configure its own template to include different worktag columns.
C) Both companies may use the same template, additional columns for worktags can be made available by editing the template.
D) No additional configuration required, each company can add columns when filling out the spreadsheet.

5. After running an allocation, what status will the resulting journal(s) be in?

A) Created
B) In Progress
C) Posted
D) Pro Forma

Solutions: