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| Section | Objectives |
|---|---|
| Advanced Accounting Tasks | - Data integrity and accounting tools
|
| Financial Close and Reporting | - Close process execution
|
| Core Workday Financial Management Functionality | - Workday Financial Management system functionality
|
| Financial Accounting and Period Close Configuration | - Accounting configuration and maintenance
|
Question 1
After an acquisition, a new legal entity needs to be set up.
What should you create?
A. A new reorganization before setting up the new cost center.
B. A new cost center organization.
C. A new company organization.
D. New worktags that represent the acquisition.
Question 2
Company A provides IT services to Company
B At the end of the month, Company A needs to bill Company B.
How will they do so?
A. Company A creates a direct intercompany customer invoice to bill Company B.
B. Company A creates an external customer invoice for Company B.
C. Company B creates an intercompany invoice for Company A.
D. Company B creates a vendor invoice for Company A.
Question 3
What is the term for a financial account held at a bank or other financial institution?
A. Cash Pool
B. Settlement Account
C. Ledger Account
D. Bank Account
Question 4
There are several companies within a tenant, one of the companies requires a location worktag on supplier invoices.
What task should you use to manage this requirement?
A. Maintain Related Worktag Usage
B. Maintain Business Process Step Conditions
C. Maintain Worktag Usage
D. Maintain Custom Validations
Question 5
A business process administrator would like to alert the initiator if their business process has been denied.
What type of configuration should be used on the business process?
A. Review Step
B. Notification
C. Document Delivery
D. Help Text
Solutions:
| Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: B |
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