Workday-Record-to-Report exam dumps

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  • Exam Code: Workday-Record-to-Report
  • Exam Name: Workday Pro Record-to-Report (R2R) Certification Exam
  • No. of Questions: 57 Questions and Answers
  • Updated: Sep 29, 2026

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  • Total Questions: 57
  • Updated on: Sep 29, 2026
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  • Total Questions: 57
  • Updated on: Sep 29, 2026
  • Price: $69.98

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  • Total Questions: 57
  • Updated on: Sep 29, 2026
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Workday Workday-Record-to-Report Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Close and Reporting- Close process execution
  • 1. Allocation processing
    • 2. Accounting adjustments
      - Financial Reporting
      • 1. Key financial reports
        • 2. Multibook reporting
          Topic 2: Financial Accounting and Period Close Configuration- Accounting configuration and maintenance
          • 1. Financial accounting setup
            • 2. Period close related configuration
              Topic 3: Advanced Accounting Tasks- Complex Accounting Processes
              • 1. Intercompany transactions
                • 2. Lease accounting
                  - Data integrity and accounting tools
                  • 1. Data integrity tools
                    • 2. Account certifications
                      - Journal Processing
                      • 1. Journal upload processing
                        • 2. Journal sequencing
                          Topic 4: Core Workday Financial Management Functionality- Workday Financial Management system functionality
                          • 1. Core accounting configuration concepts
                            • 2. Financial transactions and accounting processes

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

                              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. Directly transfer funds between the bank accounts of Company X and Company Y.
                              • C. Use the intercompany transaction functionality, with Company X recording revenue and Company Y recording an expense.
                              • D. Process journal entry only in Company X's books.
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

                              You are a finance administrator and your company is setting up their financials. They want to track all intercompany payables in a new ledger account.
                              What approach should you take?

                              • A. Create the new ledger account and then use it as default for the intercompany payables account posting rule.
                              • 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. Set up a new condition rule for Accounting Journals and include the new ledger accounts to be used for intercompany payables and receivables.
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

                              Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

                              A company needs to comply with both ASC 842 and IFRS 16 leasing standards.
                              When creating an alternate supplier contract to comply with IFRS 16, what will determine the appropriate accounting for the installment expense recognition?

                              • A. The original contract's contract type and contract accounting method
                              • B. The original supplier contract's accounting method
                              • C. The alternate supplier contract's interest rate
                              • D. The alternate supplier contract's accounting method
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for PrepAwayETE 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. Account Translation Rule Set
                              • B. Account Control Rule Set
                              • C. Company Currency
                              • D. Account Posting Rule Set
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

                              If a user records an on-account payment for a customer, what additional step must be completed in Workday before a refund may be processed?

                              • A. Write-off bad debt
                              • B. Create settlement run
                              • C. Create a customer deposit
                              • D. Process a customer invoice adjustment
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

                              Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).

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