Workday-Record-to-Report Practice Questions

A.  

Company D did not select the option to record receipts automatically from Company E via the Edit Company Intercompany Profile.

B.  

Company D does not have an intercompany relationship defined with Company

E.  

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.

A.  

Add the cost center and location to the statistic definition.

B.  

Add the cost center and location to the source.

C.  

Add the cost center and location from the source data to the offset.

D.  

Add the cost center and location from the source data to the target.

A.  

Enable a custom worktag and add values for each Event Type.

B.  

Create a custom organization for each Event Type.

C.  

Use the Maintain Worktag Usage task and set the Event Type to required for customer transactions.

D.  

Use the Maintain Related Worktag Usage task and set the Event Type to be required for customers.

A.  

Split the utility expense evenly across all cost centers.

B.  

Enter the utility expense into each cost center's budget.

C.  

Set up an allocation definition that targets cost centers listed in the basis.

D.  

Record the entire utility expense in a single cost center.

A.  

The organization and the bank account number

B.  

Approval from your manager

C.  

The bank account routing rule field

D.  

The phone number and institution address

A.  

Ask the accounting manager to update the ledger period status to "adjustments only" and then create adjustments.

B.  

Create new adjustment journals in the next period as operational journals cannot be modified after posting

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.

A.  

After they close all periods in the current ledger year and selects to reassign ID generators.

B.  

In the next ledger year, assuming no journals are posted AND they delete the unused ID generators before activating the updated journal sequence rule.

C.  

Before they close the current ledger year.

D.  

The new condition can never be included on their journals.

A.  

Set up a new condition rule for Accounting Journals and include the new ledger accounts to be used for intercompany payables and receivables.

B.  

Create the new ledger account and then use them accordingly when entering intercompany transactions.

C.  

Set up a new condition rule for Intercompany and include the new ledger accounts to be used for payables and receivables.

D.  

Create the new ledger account and then use it as default for the intercompany payables account posting rule.

A.  

Security Group Membership and Access

B.  

View Security For Securable Item

C.  

Roles for Organization and Subordinates

D.  

Role Assignment Permissions

A.  

Operational transactions and manually entered transactions are handled the same.

B.  

Workday uses built-in logic to manage most operational transactions. If necessary, the end user can override this.

C.  

Workday looks at the spend and revenue rules for handling operational transactions.

D.  

Workday evaluates criteria entered on operational transactions against the account posting rules and posts operational journals accordingly.