Record to Report Exam Guide
This Record to Report exam focuses on practical knowledge and exam application scenarios related to the subject area. It evaluates your ability to understand core concepts, apply best practices, and make informed decisions in realistic situations rather than relying solely on memorization.
This page provides a structured exam guide, including exam focus areas, skills measured, preparation recommendations, and practice questions with explanations to support effective learning.
Exam Overview
The Record to Report exam typically emphasizes how concepts are used in professional environments, testing both theoretical understanding and practical problem-solving skills.
Skills Measured
- Understanding of core concepts and terminology
- Ability to apply knowledge to practical scenarios
- Analysis and evaluation of solution options
- Identification of best practices and common use cases
Preparation Tips
Successful candidates combine conceptual understanding with hands-on practice. Reviewing measured skills and working through scenario-based questions is strongly recommended.
Practice Questions for Record to Report Exam
The following practice questions are designed to reinforce key Record to Report exam concepts and reflect common scenario-based decision points tested in the certification.
Question#1
You need to record a financial transaction in Workday. The transaction does not automatically come from an operational area such as supplier accounts or customer accounts.
Why might you use an accounting journal?
A. To ensure all financial activities are captured in the general ledger for accurate reporting
B. To back up all system-generated financial data
C. To provide a quicker way for departments to communicate financial information
D. To trigger automated workflows for approvals and postings
Question#2
All operational transactions with the spend category of Office and Administrative should post to ledger account 6300-Office Supplies. Costs are currently posting to 1100-Suspense.
What should you do?
A. Configure a condition on the Spend Rule with the appropriate dimension, value and resulting ledger account.
B. Update the default ledger account on the Spend Posting rule to 6300-Office Supplies.
C. Run the Fix Operational Journals With Errors Report and Correct the Ledger Account.
D. Add condition rules for ledger accounts to the Approval step in the Supplier Invoice Event business process.
Question#3
Once a user enters a financial transaction, what company accounting detail is locked from being changed?
A. Account Translation Rule Set
B. Company Currency
C. Account Posting Rule Set
D. Account Control Rule Set
Question#4
Your healthcare company is restructuring its departments to improve patient care coordination.
Why would they set up the new departments as organizations?
A. To schedule patient appointments within each department
B. To track medical supplies inventory for each department
C. To manage employee performance reviews by department
D. To structure the hospital's workforce and financial reporting
Question#5
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. Enable a custom worktag and add values for each Event Type.
B. Create a custom organization for each Event Type.
C. Use the Maintain Worktag Usage task and set the Event Type to required for customer transactions.
D. Use the Maintain Related Worktag Usage task and set the Event Type to be required for customers.
Disclaimer
This page is for educational and exam preparation reference only. It is not affiliated with Workday, Financial Management, or the official exam provider. Candidates should refer to official documentation and training for authoritative information.
