Good opportunities are always for those who prepare themselves well. You should update yourself when you are still young. Our Workday-Record-to-Report study materials might be a good choice for you. The contents of our study materials are the most suitable for busy people. You can have a quick revision of the Workday-Record-to-Report learning quiz in your spare time. Also, you can memorize the knowledge quickly. There almost have no troubles to your normal life. You can make use of your spare moment to study our Workday-Record-to-Report preparation questions. The results will become better with your constant exercises. Please have a brave attempt.

Fast payment and delivery

Once you have selected the Workday-Record-to-Report study materials, please add them to your cart. Then when you finish browsing our web pages, you can directly come to the shopping cart page and submit your orders of the Workday-Record-to-Report learning quiz. Our payment system will soon start to work. Then certain money will soon be deducted from your credit card to pay for the Workday-Record-to-Report preparation questions. The whole payment process only lasts a few seconds as long as there has money in your credit card. Then our system will soon deal with your orders according to the sequence of payment. Usually, you will receive the Workday-Record-to-Report study materials no more than five minutes. Then you can begin your new learning journey of our study materials. All in all, our payment system and delivery system are highly efficient.

Available for abundant exercises

The number of questions of the Workday-Record-to-Report preparation questions you have done has a great influence on your passing rate. As for our study materials, we have prepared abundant exercises for you to do. You can take part in the real Workday-Record-to-Report exam after you have memorized all questions and answers accurately. Also, we just pick out the most important knowledge to learn. Through large numbers of practices, you will soon master the core knowledge of the Workday-Record-to-Report exam. It is important to review the questions you always choose mistakenly. You should concentrate on finishing all exercises once you are determined to pass the Workday-Record-to-Report exam.

Professional guidance

If you are the first time to prepare the Workday-Record-to-Report exam, it is better to choose a type of good study materials. After all, you cannot understand the test syllabus in the whole round. It is important to predicate the tendency of the Workday-Record-to-Report study materials if you want to easily pass the exam. Now, all complicate tasks have been done by our experts. They have rich experience in predicating the Workday-Record-to-Report exam. Then you are advised to purchase the study materials on our websites. Also, you can begin to prepare the Workday-Record-to-Report exam. You are advised to finish all exercises of our Workday-Record-to-Report preparation questions. In fact, you do not need other reference books. Our study materials will offer you the most professional guidance. In addition, our Workday-Record-to-Report learning quiz will be updated according to the newest test syllabus. So you can completely rely on our Workday-Record-to-Report study materials to pass the exam.

Workday Workday-Record-to-Report Exam Syllabus Topics:

Workday Pro Record-to-Report (R2R) Certification Sample Questions:

1. A company is required to comply with both IFRS and U.S. GAAP lease accounting rules. The company has already booked their U.S. GAAP leases.
What accounting method should the company select to create the alternate contract for IFRS?

A) Workday will automatically select the appropriate accounting method
B) ROU asset depreciation expense
C) Straight line expense
D) ROU asset operating expense

2. Your company reports profit and loss under different accounting standards. Under US GAAP, prepaid expenses are recorded as a current asset. However, under IFRS, the company must expense immediately. Someone posted an operational transaction resulting in the use of a prepaid expense account in line with US GAAP.
What should the next step be?

A) Enter an accounting journal to adjust by selecting the IFRS book code and the appropriate ledger accounts to expense the costs.
B) Unpost and then edit the original transaction to include the book code for IFRS.
C) Unpost the original transaction and create two manual journals for each accounting treatment.
D) Enter an accounting journal to adjust by selecting the IFRS book code as a balancing worktag.

3. Once a user enters a financial transaction, what company accounting detail is locked from being changed?

A) Company Currency
B) Account Translation Rule Set
C) Account Control Rule Set
D) Account Posting Rule Set

4. Company X and Company Y are part of the same Workday tenant. Company X provides consulting services to Company Y.
How will you record this intercompany service in Workday to ensure proper tracking and elimination during consolidation?

A) Process a regular vendor invoice from Company X to Company Y.
B) Process journal entry only in Company X's books.
C) Directly transfer funds between the bank accounts of Company X and Company Y.
D) Use the intercompany transaction functionality, with Company X recording revenue and Company Y recording an expense.

5. 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) Use the Maintain Worktag Usage task and set the Event Type to required for customer transactions.
B) Use the Maintain Related Worktag Usage task and set the Event Type to be required for customers.
C) Create a custom organization for each Event Type.
D) Enable a custom worktag and add values for each Event Type.

Solutions: