Workday Fin Applied UPDATED ACTUAL Questions and CORRECT Answers
this type of business process step allows users to edit
Action
some fields on the notification
Which area do we not share custom worktags with? Expense
Can you add a new Bp to a Functional area? No
What is not a characteristic of workdays settlement en-
It is not tied to a BP
gine?
A journal is in cancelled stasis, what is the only thing you
Copy
can do to it?
T/f EIB needs to be downloaded in order for you to use False
What "visibility" is not an option in workday when creating
Admin only
a company?
Where can you run reports in WD? home page or from favorites
user can override their preferred landing page in their? Change Preferences task
a grouping of task, reports, and objects; a collection of
What is a functional Area? related securable items, where each functional area is
further divided into domains and business process.
is the definition of tasks that need to be done for an event
What is a Business Process? to occur, the order in which they must be completed, and
who must do them.
These are the account posting rules, when a customer pmt
Undeposited Payments, Discounts Given, Receivables, Re-
will use if they took a 2% discount, paid nothing more then
tained Earnings
they owed, and the deposit was not created with the pmt
Workday-delivered and describe how security is assigned
What are Security group types?
to users
specifies the security group responsible for each step in
What is a BP definition?
the process, notifies the workers in these groups and gets
, feedback on when each step is complete so it can move
on to the next step.
What is not a characteristic of Role Based Security Group?
a Assigned to the User
b Assigned to the Position Assigned to the user
c End User
d Dynamic Based on Position
assign workers, hierarchy, no security - you need to create
What can a custom worktag not do?
a custom org instead
What is determined by selecting the data source for a
PBO, Starting Data set
report?
What is the characteristic of a domain? Workflow
Organization
Accounting Information
Worktags
What is the Implementation sequence? Business Processes
Security
Banking
Asset Tracking
these are commonly used to identify users in key support
What are role based security groups?
or leadership roles supporting different organizations
Foundation Data Model. The FDM is the multidimensional
What is FDM
structure of Workday accounting and financial reporting.
Create EIB, Generate Spreadsheet, Populate Spreadsheet
Fill in the four steps for creating an EIB
with data, Launch
Composite and matrix reports are both examples of what
Custom reports
type of report?
business Process Administrator
, Unassigned tasks are routed to which security role to
properly assign the task
The first and most important step in developing a custom
report data source
report is choosing a
What is the default balancing segment in Workday Finan-
cials?
a Cost Center
Company
b Pay Group
c Company
d Supervisory Organization
Does accrual journal drive reversal? No, label only
Ones that Workday automatically assigns to specific trans-
What is a defaulted worktag?
actions based on the worker creating the transaction
When you set up the purchase item, what are the two
Purchase item name / description and spend category
mandatory field?
Budget responsibility, financial impact, cost centre man-
Which 3 rules defines a cost centre?
ager
Which statement below is false regarding the Maintain
Worktag Usage data integrity tool
a Applied tenant wide
C
b Applied on the transaction
c Applied based on specified condition
d What Maintain Worktag Usage
Is it recommended to use spend hierarchy to not be re-
No
quired to update accounting rules?
What is the user based security with regards to integra-
Can view or modify and get and put (integration)
tion?
this type of business process step allows users to edit
Action
some fields on the notification
Which area do we not share custom worktags with? Expense
Can you add a new Bp to a Functional area? No
What is not a characteristic of workdays settlement en-
It is not tied to a BP
gine?
A journal is in cancelled stasis, what is the only thing you
Copy
can do to it?
T/f EIB needs to be downloaded in order for you to use False
What "visibility" is not an option in workday when creating
Admin only
a company?
Where can you run reports in WD? home page or from favorites
user can override their preferred landing page in their? Change Preferences task
a grouping of task, reports, and objects; a collection of
What is a functional Area? related securable items, where each functional area is
further divided into domains and business process.
is the definition of tasks that need to be done for an event
What is a Business Process? to occur, the order in which they must be completed, and
who must do them.
These are the account posting rules, when a customer pmt
Undeposited Payments, Discounts Given, Receivables, Re-
will use if they took a 2% discount, paid nothing more then
tained Earnings
they owed, and the deposit was not created with the pmt
Workday-delivered and describe how security is assigned
What are Security group types?
to users
specifies the security group responsible for each step in
What is a BP definition?
the process, notifies the workers in these groups and gets
, feedback on when each step is complete so it can move
on to the next step.
What is not a characteristic of Role Based Security Group?
a Assigned to the User
b Assigned to the Position Assigned to the user
c End User
d Dynamic Based on Position
assign workers, hierarchy, no security - you need to create
What can a custom worktag not do?
a custom org instead
What is determined by selecting the data source for a
PBO, Starting Data set
report?
What is the characteristic of a domain? Workflow
Organization
Accounting Information
Worktags
What is the Implementation sequence? Business Processes
Security
Banking
Asset Tracking
these are commonly used to identify users in key support
What are role based security groups?
or leadership roles supporting different organizations
Foundation Data Model. The FDM is the multidimensional
What is FDM
structure of Workday accounting and financial reporting.
Create EIB, Generate Spreadsheet, Populate Spreadsheet
Fill in the four steps for creating an EIB
with data, Launch
Composite and matrix reports are both examples of what
Custom reports
type of report?
business Process Administrator
, Unassigned tasks are routed to which security role to
properly assign the task
The first and most important step in developing a custom
report data source
report is choosing a
What is the default balancing segment in Workday Finan-
cials?
a Cost Center
Company
b Pay Group
c Company
d Supervisory Organization
Does accrual journal drive reversal? No, label only
Ones that Workday automatically assigns to specific trans-
What is a defaulted worktag?
actions based on the worker creating the transaction
When you set up the purchase item, what are the two
Purchase item name / description and spend category
mandatory field?
Budget responsibility, financial impact, cost centre man-
Which 3 rules defines a cost centre?
ager
Which statement below is false regarding the Maintain
Worktag Usage data integrity tool
a Applied tenant wide
C
b Applied on the transaction
c Applied based on specified condition
d What Maintain Worktag Usage
Is it recommended to use spend hierarchy to not be re-
No
quired to update accounting rules?
What is the user based security with regards to integra-
Can view or modify and get and put (integration)
tion?
