Question 1

If an account posting rule doesn't have any conditions or default ledger account, and a transactionoccurs against that rule, what will happen?

Options :

A : The transaction will stop with a critical error message for the initiator to fix.

B : The transaction will post with the first ledger account in the account set.

C : The transaction will route for additional approval.

D : The transaction will post in error with no ledger account for that line.

Answer: D

Question 2

As the accountant of your organization, you notice there are operational journals posted with missingor incorrect worktags. The corresponding fiscal period is now closed.How can you fix the accounting?

Options :

A : Ask the accounting manager to update the ledger period status to "adjustments only" and then create adjustments.

B : Create new adjustment journals in the next period as operational journals cannot be modified after posting

C : Run the Fix Operational Journals with Errors task in the current period to automatically address any errors.

D : Reopen the ledger period and unpost all journals that have missing or incorrect worktags to reenter them later.

Answer: A

Question 3

Refer to the following scenario to answer the question below.A company created a journal sequence generator rule, assigned the rule to the company, selected tocreate ID generators, opened accounting periods, and posted journals to the current ledger year.Next, the company added a condition to the journal sequence generator rule.When is the soonest the new condition would be included on the company's journals?

Options :

A : After they close all periods in the current ledger year and selects to reassign ID generators.

B : In the next ledger year, assuming no journals are posted AND they delete the unused ID generators before activating the updated journal sequence rule.

C : Before they close the current ledger year.

D : The new condition can never be included on their journals.

Answer: B

Question 4

A business process administrator would like to alert the initiator if their business process has beendenied.What type of configuration should be used on the business process?

Options :

A : Help Text

B : Document Delivery

C : Notification

D : Review Step

Answer: C

Question 5

A company that has multiple subsidiaries is implementing Workday. They need to set upintercompany transactions.What is the first step in this process?

Options :

A : Create the journal entries for historical intercompany transactions.

B : Edit the intercompany profiles between the companies.

C : Define the settlement terms between subsidiaries.

D : Train employees on how to record intercompany transactions.

Answer: B