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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analysis | - Variance and scenario analysis - Financial reporting and dashboards |
| Topic 2: Modeling and Configuration | - Cube and sheet modeling - Assumptions, drivers, and calculations |
| Topic 3: Security and Administration | - System configuration and administration - User roles and access controls |
| Topic 4: Adaptive Planning Fundamentals | - Core concepts of Workday Adaptive Planning - Planning models and structures |
| Topic 5: Data Management | - Data validation and reconciliation - Data integration and import processes |
Which elements are required to create a cube sheet?
Correct Answer: C 🗳️
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Scenario: A financial planner is conducting a comprehensive audit of the income statement structure and formulas. The goal is to ensure accuracy, consistency, and optimal performance for the upcoming budget cycle.
The General Ledger account 5010 (Labor) in the Budget version currently uses a formula that calculates labor costs as 6% of the Income account value within the same time period. The current formula is limited to the Manufacturing and Sales levels and does not apply to other versions. Which configuration would enable the Labor cost calculation to apply consistently across all levels and all versions?
Correct Answer: A 🗳️
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You are building a matrix report for managers to view departmental expenses. What report design option enables each manager to select their own department when running the report?
Correct Answer: C 🗳️
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The accounting team needs to incorporate a new General Ledger account for Prepaid Advertising into the Adaptive Planning model. Under which primary account category can you create the new Prepaid Advertising account?
Correct Answer: D 🗳️
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A company is using a Month > Quarter > Year rollup structure indicating that the month is the lowest level of budgeting. Why should an implementer ensure that every day of the calendar year is listed in the instance?
Correct Answer: D 🗳️
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