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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 | - Adjustments, reversals, and approval workflows - Journal creation, validation, and posting |
| Financial Accounting Fundamentals | - Accounting principles in Workday - Financial structures and ledgers |
| Financial Reporting and Analytics | - Reporting frameworks and analytics tools - Financial statement generation |
| Security and Workflow Configuration | - Process automation and workflow design - Access controls for financial processes |
| Period End Close and Consolidation | - Financial consolidation and intercompany processing - Month-end and year-end close procedures |
| Chart of Accounts and Organizational Setup | - Financial dimensions and configuration - Ledger and organizational structure design |
1. Refer to the following scenario to answer the question below.
A company created a journal sequence generator rule, assigned the rule to the company, selected to create ID generators, opened accounting periods, and posted journals to the current ledger year. Next, the company added a condition to the journal sequence generator rule.
When is the soonest the new condition would be included on the company's journals?
A) Before they close the current ledger year.
B) After they close all periods in the current ledger year and selects to reassign ID generators.
C) In the next ledger year, assuming no journals are posted AND they delete the unused ID generators before activating the updated journal sequence rule.
D) The new condition can never be included on their journals.
2. Once a user enters a financial transaction, what company accounting detail is locked from being changed?
A) Account Control Rule Set
B) Account Translation Rule Set
C) Company Currency
D) Account Posting Rule Set
3. What task will you use to specify a bank account's usage?
A) Modify Bank Account Information
B) Set Up New Bank Account
C) Define Bank Account Usage
D) Edit Bank Account
4. What security group can enter a supplier invoice?
A) Accounts Payable Data Entry Specialist
B) Accounts Payable Analyst
C) Supplier Administrator
D) Accounts Payable Manager
5. A business process administrator would like to alert the initiator if their business process has been denied.
What type of configuration should be used on the business process?
A) Review Step
B) Notification
C) Help Text
D) Document Delivery
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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