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

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

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

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

3. In addition to a unique report name, what must you immediately identify when creating a custom report?

A) Report fields
B) Data source
C) Related business object
D) Primary business object

4. How can you use Workday to distribute utility expenses across different cost centers within an organization?

A) Set up an allocation definition that targets cost centers listed in the basis.
B) Split the utility expense evenly across all cost centers.
C) Enter the utility expense into each cost center's budget.
D) Record the entire utility expense in a single cost center.

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

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

Solutions: