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HCM Fundamentals Chapter 5 - Additional Organizations UPDATED ACTUAL Questions and CORRECT Answers

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HCM Fundamentals Chapter 5 - Additional Organizations UPDATED ACTUAL Questions and CORRECT Answers Which organization type groups workers based on a legal entity? a. Supervisory Organization b. Company Organization c. Cost Center Organization d. Matrix Organization - CORRECT ANSWER - b. Company Organization

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HCM Fundamentals Chapter 5 - Additional
Organizations UPDATED ACTUAL
Questions and CORRECT Answers
Which organization type groups workers based on a legal entity?
a. Supervisory Organization
b. Company Organization
c. Cost Center Organization

d. Matrix Organization - CORRECT ANSWER - b. Company Organization


Which organization type tracks financial transactions, budgets, and workers?
a. Supervisory Organization
b. Company Organization
c. Cost Center Organization

d. Matrix Organization - CORRECT ANSWER - c. Cost Center Organization


Which statement about reorganization events is correct?
a. Reorganization events are optional and used for administrative purposes only.
b. Reorganization events are used to define a common effective date for multiple activities.
c. Reorganization events are only used for supervisory organizations and not other organization
types.

d. Reorganization events do not provide any reporting value. - CORRECT ANSWER - b.
Reorganization events are used to define a common effective date for multiple activities.


How do you include workers in a location hierarchy? - CORRECT ANSWER - By hiring
or contracting a worker into a location that is included within the location hierarchy.


When configuring organization assignments, which field(s) do you populate for the organizations
to default and also allow for unrestricted changes?

, a. Allowed Organizations
b. Default Organizations
c. Both Allowed and Default Organizations
d. Neither Allowed nor Default Organizations (leave both fields blank) - CORRECT
ANSWER - b. Default Organizations


When configuring organization assignments, which field(s) do you populate for the organizations
to default and also allow for restricted changes?
a. Allowed Organizations
b. Default Organizations
c. Both Allowed Organizations and Default Organizations
d. Neither Allowed Organizations nor Default Organizations (leave both fields blank) -
CORRECT ANSWER - c. Both Allowed Organizations and Default Organizations


What are the common HR, finance, and payroll organization types? - CORRECT
ANSWER - Supervisory, Matrix, Company, Cost Center, Region, Location, Pay Group,
and Custom Organization


Supervisory Organization - CORRECT ANSWER - Groups workers into a management
hierarchy and has assigned manager and support roles. By hiring, contracting, or transferring a
worker into a supervisory organization, you are also assigning the worker a manager and
including the worker in a management hierarchy.


Matrix Organization - CORRECT ANSWER - Establishes an indirect manager
relationship, typically contains workers from different supervisory organizations that work
together in some capacity. Each has an assigned matrix manager who has a dotted-line
relationship to all the members of the matrix organization.


Company Organization - CORRECT ANSWER - Represents a legal entity and ties to all
financial transactions. A primary organization type for Workday Financial Management, you can
use company organizations to generate most financial reports, such as balance sheets and income
statements. Workday recommends that you create a separate company for each internal entity
with a separate tax ID.

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