Free WorkdayProRecord-to-Report (R2R)Certification Exam Practice Questions

A.  

Account posting rule conditions from bottom to top, then default account.

B.  

Default account, then account posting rule conditions from top to bottom.

C.  

Default account, then account posting rule conditions from bottom to top.

D.  

Account posting rule conditions from top to bottom, then default account.

A.  

Edit intercompany profiles and ensure Bank Accounts are selected.

B.  

Ensure the Maintain Companies as Customers or Suppliers configuration is completed.

C.  

Confirm the payables and receivables account posting rules are configured for Intercompany transactions.

D.  

Ensure the account posting rules for intercompany payables and intercompany receivables have been configured.

A.  

Confirm the intercompany profiles are configured to accept only manual payment types.

B.  

Confirm Company B is configured to automatically record receipts from Company

A.  

C.  

Confirm Company A is configured to automatically record receipts from Company

B.  

D.  

Confirm Company B's associated supplier object is approved.

A.  

After the supplier invoice is submitted, even if it is in progress.

B.  

After the supplier invoice is approved.

C.  

At any point by selecting Related Actions and View Accounting.

D.  

Only when the transaction has a Posted status.

A.  

Ensure that all supplier contracts are approved for Company

B.  

B.  

Include Company B in a hierarchy.

C.  

Enter a supplier contract for Company B and indicate the specific lease type, accounting method, and book code as contract parameters.

D.  

Use Maintain Lease Contract Book Code Configuration to configure Company B's lease types, accounting methods, and corresponding book codes.

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.