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

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

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

1. 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) Basis
C) Target
D) Source

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

3. Refer to the following scenario to answer the question below.
Global Solutions, Inc. needs to allocate its monthly office rent and utilities expenses across its total 100,000 square feet (SF) of facilities space. The total monthly rent is $50,000, and total utilities are $10,000.
The company decides to allocate these costs based on the square footage occupied by each department:
* Marketing (20000 SF)
* Sales (30000 SF)
* R&D (35000 SF)
* HR (15000 SF)
Additionally, Global Solutions, Inc. decides to allocate IT support costs based on the number of employees. You must set up Workday to handle multiple allocation bases including square footage and employee count.
How will you do so?

A) Combine both allocation bases into a single allocation rule.
B) Calculate the allocations outside Workday and process them as journal entries.
C) Allocate IT support costs evenly across all departments.
D) Create separate allocation definitions for each cost type and allocation basis.

4. You are creating a new bank account.
What data is required?

A) The organization and the bank account number
B) Approval from your manager
C) The phone number and institution address
D) The bank account routing rule field

5. How can you use Workday to distribute utility expenses across different cost centers within an organization?

A) Set up an allocation definition that targets cost centers listed in the basis.
B) Split the utility expense evenly across all cost centers.
C) Enter the utility expense into each cost center's budget.
D) Record the entire utility expense in a single cost center.

Solutions: