Workday Workday-Record-to-Report Exam Overview:
| Certification Vendor: | Workday |
|---|---|
| Exam Name: | Workday Pro Record-to-Report Certification |
| Exam Number: | Workday-Record-to-Report |
| Exam Price: | USD $99 (special event pricing; standard pricing varies by region/program) |
| Related Certifications: | Workday Pro Procure-to-Pay Certification Workday Pro Contracts-to-Cash Certification Workday Pro Financial Reporting Certification Workday Financial Management |
| Exam Duration: | 120 minutes |
| Exam Format: | Proctored, Multiple-choice |
| Available Languages: | Japanese, English, French, Spanish, German |
| Real Exam Qty: | Up to 50 |
| Certificate Validity Period: | 2 years |
| Sample Questions: | Workday Workday-Record-to-Report Sample Questions |
| Exam Way: | Online remote-proctored and selected onsite proctored testing events. |
| Pre Condition: | No formal prerequisite exam is required. Workday recommends completing the related Workday Financial Management training and coursework before attempting the certification. |
| Official Syllabus URL: | https://www.workday.com/en-us/services/certifications.html |
Workday Workday-Record-to-Report Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Financial Reporting | - Financial Statements - Standard Financial Reports - Report Configuration |
| Topic 2: Record-to-Report Configuration | - Security and Permissions - Accounting Rules - Business Process Configuration |
| Topic 3: Financial Period Close | - Reconciliation - Period-End Close Activities - Close Monitoring |
| Topic 4: Operational Maintenance | - Best Practices - Data Validation - Troubleshooting |
| Topic 5: Financial Accounting | - Accounting Processes - Accounting Configuration - General Ledger |
Workday Pro Record-to-Report (R2R) Certification Sample Questions:
A company is required to comply with both IFRS and U.S. GAAP lease accounting rules. The company has already mapped the IFRS operating lease contract types to the appropriate accounting method.
What book code should the company configure for the IFRS operating lease contracts?
- A. Both IFRS and U.S. GAAP book codes
- B. Blank book code
- C. IFRS specific book code
- D. Tax adjustments specific book code
Correct Answer: C 🗳️
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A company that has multiple subsidiaries is implementing Workday. They need to set up intercompany transactions.
What is the first step in this process?
- A. Train employees on how to record intercompany transactions.
- B. Create the journal entries for historical intercompany transactions.
- C. Define the settlement terms between subsidiaries.
- D. Edit the intercompany profiles between the companies.
Correct Answer: D 🗳️
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Refer to the following scenario to answer the question below.
A company rents multiple office buildings around the country, and books rent expense for all buildings to the same ledger account and cost center. Multiple cost centers use office space in each building. The company wants to allocate costs from ledger account 6100: Facilities and cost center 34000: Facilities to cost centers 71000, 72000, and 73000, based on the square footage of those three cost centers.
When configuring the target for your allocation definition, which section should you map the cost centers from?
- A. Basis
- B. Target
- C. Offset
- D. Source
Correct Answer: A 🗳️
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You submit a journal entry.
What journal status proves Workday recorded it in the ledger?
- A. Approved
- B. Posted
- C. Submitted
- D. Completed
Correct Answer: B 🗳️
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In what order are account posting rule conditions assessed?
- A. Account posting rule conditions from bottom to top, then default account.
- B. Default account, then account posting rule conditions from bottom to top.
- C. Account posting rule conditions from top to bottom, then default account.
- D. Default account, then account posting rule conditions from top to bottom.
Correct Answer: C 🗳️
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