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Workday Workday-Record-to-Report Exam Overview:
| Certification Vendor: | Workday |
|---|---|
| Exam Name: | Workday Pro Record-to-Report (R2R) Certification Exam |
| Exam Number: | Workday-Record-to-Report |
| Available Languages: | English |
| Related Certifications: | Workday Pro Financial Management Workday Pro |
| Real Exam Qty: | 50–55 |
| Exam Price: | $99 USD (standard event pricing; $800 USD list price) |
| Exam Duration: | 120 minutes |
| Passing Score: | 80% |
| Certificate Validity Period: | 2 years |
| Exam Format: | Scenario-based questions, Online proctored, Multiple choice |
| Recommended Training: | Workday Education Services |
| Exam Registration: | Workday Training & Certifications |
| Sample Questions: | Workday Workday-Record-to-Report Sample Questions |
| Exam Way: | Online proctored exam via Workday's certification platform |
| Pre Condition: | No mandatory prerequisites; recommended: practical experience with Workday Financial Management, understanding of accounting and close cycles; generally limited to employees of Workday customers or certified partners |
| Official Syllabus URL: | https://www.workday.com/en-us/services/training-certifications.html |
Workday Workday-Record-to-Report Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Security and Workflow Configuration | - Access controls for financial processes - Process automation and workflow design |
| Financial Accounting Fundamentals | - Financial structures and ledgers - Accounting principles in Workday |
| Journal Processing and Accounting Entries | - Journal creation, validation, and posting - Adjustments, reversals, and approval workflows |
| Introduction to Record-to-Report | - Core concepts and purpose of the R2R cycle - End-to-end business process overview |
| Chart of Accounts and Organizational Setup | - Ledger and organizational structure design - Financial dimensions and configuration |
| Period End Close and Consolidation | - Financial consolidation and intercompany processing - Month-end and year-end close procedures |
| Financial Reporting and Analytics | - Reporting frameworks and analytics tools - Financial statement generation |
Workday Pro Record-to-Report (R2R) Certification Sample Questions:
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. Edit the intercompany profiles between the companies.
- C. Define the settlement terms between subsidiaries.
- D. Create the journal entries for historical intercompany transactions.
Correct Answer: B 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
Once a user enters a financial transaction, what company accounting detail is locked from being changed?
- A. Company Currency
- B. Account Control Rule Set
- C. Account Translation Rule Set
- D. Account Posting Rule Set
Correct Answer: A 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
A company organizes various events. They want to report on transactions using an Event Type. This Event Type does not need any members, security or hierarchy.
What should you do?
- 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 Related Worktag Usage task and set the Event Type to be required for customers.
- D. Use the Maintain Worktag Usage task and set the Event Type to required for customer transactions.
Correct Answer: A 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
An accountant is creating an on-behalf-of intercompany transaction using a manual journal. When selecting the line company, the user notices that a company is missing from the list.
What configuration should they look at to allow for this transaction between the two companies?
- A. Maintain Companies as Customers or Suppliers
- B. Intercompany Payables Account Posting Rule
- C. Intercompany Profiles
- D. Intercompany Receivables Account Posting Rule
Correct Answer: C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
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. Offset
- B. Source
- C. Target
- D. Basis
Correct Answer: D 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
By Luther
