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

2. As the accountant of your organization, you notice there are operational journals posted with missing or incorrect worktags. The corresponding fiscal period is now closed.
How can you fix the accounting?

A) Create new adjustment journals in the next period as operational journals cannot be modified after posting
B) Ask the accounting manager to update the ledger period status to "adjustments only" and then create adjustments.
C) Run the Fix Operational Journals with Errors task in the current period to automatically address any errors.
D) Reopen the ledger period and unpost all journals that have missing or incorrect worktags to reenter them later.

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

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

4. You are creating a new bank account.
What data is required?

A) The phone number and institution address
B) Approval from your manager
C) The bank account routing rule field
D) The organization and the bank account number

5. A company needs to comply with both ASC 842 and IFRS 16 leasing standards.
When creating an alternate supplier contract to comply with IFRS 16, what will determine the appropriate accounting for the installment expense recognition?

A) The alternate supplier contract's interest rate
B) The alternate supplier contract's accounting method
C) The original supplier contract's accounting method
D) The original contract's contract type and contract accounting method

Solutions: