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Workday Fin Applied Exam Questions and Answers 100% Correct

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Workday Fin Applied Exam Questions and Answers 100% CorrectWorkday Fin Applied Exam Questions and Answers 100% CorrectWorkday Fin Applied Exam Questions and Answers 100% CorrectWorkday Fin Applied Exam Questions and Answers 100% Correct this type of business process step allows users to edit some fields on the notification - ANSWER-Action Which area do we not share custom worktags with? - ANSWER-Expense Can you add a new Bp to a Functional area? - ANSWER-No

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Workday Fin Applied
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Workday Fin Applied

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Uploaded on
October 4, 2024
Number of pages
36
Written in
2024/2025
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Workday Fin Applied Exam

Questions and Answers 100%

Correct


this type of business process step allows users to edit some fields on the

notification - ANSWER-Action




Which area do we not share custom worktags with? - ANSWER-Expense




Can you add a new Bp to a Functional area? - ANSWER-No




What is not a characteristic of workdays settlement engine? - ANSWER-It is

not tied to a BP




A journal is in cancelled stasis, what is the only thing you can do to it? -

ANSWER-Copy

,T/f EIB needs to be downloaded in order for you to use - ANSWER-False




What "visibility" is not an option in workday when creating a company? -

ANSWER-Admin only




What can a custom worktag not do? - ANSWER-assign workers, hierarchy, no

security - you need to create a custom org instead




What is determined by selecting the data source for a report? - ANSWER-

PBO, Starting Data set

What is the characteristic of a domain? - ANSWER-Workflow




Where can you run reports in WD? - ANSWER-home page or from favorites




user can override their preferred landing page in their? - ANSWER-Change

Preferences task

,What is a functional Area? - ANSWER-a grouping of task, reports, and objects;

a collection of related securable items, where each functional area is further

divided into domains and business process.




What is a Business Process? - ANSWER-is the definition of tasks that need to

be done for an event 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 will use if they

took a 2% discount, paid nothing more then they owed, and the deposit was

not created with the pmt - ANSWER-Undeposited Payments, Discounts Given,

Receivables, Retained Earnings




What are role based security groups? - ANSWER-these are commonly used to

identify users in key support or leadership roles supporting different

organizations




What is FDM - ANSWER-Foundation Data Model. The FDM is the

multidimensional structure of Workday accounting and financial reporting.

, Fill in the four steps for creating an EIB - ANSWER-Create EIB, Generate

Spreadsheet, Populate Spreadsheet with data, Launch




What are Security group types? - ANSWER-Workday-delivered and describe

how security is assigned to users




What is a BP definition? - ANSWER-specifies the security group responsible

for each step in 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

c End User

d Dynamic Based on Position - ANSWER-Assigned to the user




What is the Implementation sequence? - ANSWER-Organization

Accounting Information

Worktags

Business Processes

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