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| Section | Objectives |
|---|---|
| Introduction to Record-to-Report | - End-to-end business process overview - Core concepts and purpose of the R2R cycle |
| Journal Processing and Accounting Entries | - Journal creation, validation, and posting - Adjustments, reversals, and approval workflows |
| Period End Close and Consolidation | - Financial consolidation and intercompany processing - Month-end and year-end close procedures |
| Security and Workflow Configuration | - Process automation and workflow design - Access controls for financial processes |
| Financial Accounting Fundamentals | - Financial structures and ledgers - Accounting principles in Workday |
| Financial Reporting and Analytics | - Reporting frameworks and analytics tools - Financial statement generation |
| Chart of Accounts and Organizational Setup | - Financial dimensions and configuration - Ledger and organizational structure design |
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?
Correct Answer: D 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
In addition to a unique report name, what must you immediately identify when creating a custom report?
Correct Answer: C 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
How can you use Workday to distribute utility expenses across different cost centers within an organization?
Correct Answer: D 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
There are several companies within a tenant, one of the companies requires a location worktag on supplier invoices.
What task should you use to manage this requirement?
Correct Answer: D 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
You submit a journal entry.
What journal status proves Workday recorded it in the ledger?
Correct Answer: B 🗳️
Explanation: Only visible for Actual4test members. You can sign-up / login (it's free).
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