Workday Fin Applied Exam Questions with
Accurate Expert Verified Solutions latest
update 2025
Workday has how many custom worktags? --- correct answer ---15
custom worktag - shared across Payroll, Timetracking, HCM,
Financials
This type of business process step allows users to edit some fields on
the notification --- correct answer ---Action
This is the result if the business process indicates that the transaction
has to be approved by a Cost Center Manager but a Cost Center
Worktag was not entered on the transaction --- correct answer ---
Unassigned task
What task must be completed after you make a change made to a
security policy --- correct answer ---activate pending security changes
These are the three reasons to enforce Worktags through Maintain
Worktag Usage or Custom Validations --- correct answer ---
Accounting, Reporting, or Business Process Routing
,Which of the following security roles will allow a user to enter
customer transactions, such as invoices and customer payments?
A. Accounts Receivable Specialist
B. Accounts Receivable Analyst --- correct answer ---A
Can you add a domain to a functional area? --- correct answer ---No
Which reports are displayed by the Workday Standard Reports? ---
correct answer ---All Workday Delivered Reports, regardless of access
Can an organization be used as a Worktag? --- correct answer ---Yes
A first and most important step in developing a custom report ---
correct answer ---Choosing a Report Data Source
After you close a ledger year, it is no longer available for processing
but available for reporting --- correct answer ---true
this type of security group limits what values user have access to
within that task --- correct answer ---segment based
,Which one of these is NOT a delivered costing organization? ---
correct answer ---Supervisory Organization
Which area do we not share Custom Worktags with? --- correct
answer ---Expense
True or False: A Period Close Checklist can include tasks to be
completed within Workday as well as tasks to be completed outside of
Workday. --- correct answer ---True
What is a BP? Creating a customer or creating a supplier ? --- correct
answer ---Both
What are the two types of data integrity
a Maintain Worktags
b Maintain Custom Validation
c Maintain Related Worktag Usage
d Maintain Validations --- correct answer ---B and ore C
True or False: Workday allows you to have multiple ledger periods
open at the same time --- correct answer ---True
, Can a Worktag be used as an Organization? --- correct answer ---No
Worktags have no dependents or parents
What is user based security? --- correct answer ---This Security is
assigned to a specific workday account, not a role or position
Do organisation hierarchies store transactions? --- correct answer ---
No
Customer and Purchase Item are this type of Worktag --- correct
answer ---Delivered Worktag
True or False: The Fix Operational Journals with Errors task can be
run by the Accounting Manager at period end to determine if there
were any posting errors that occurred in the period. --- correct
answer ---true
Name three options an Approver has in an Approval step of a business
process --- correct answer ---Approve, Deny, Rescind, Cancel, Send
Back
Accurate Expert Verified Solutions latest
update 2025
Workday has how many custom worktags? --- correct answer ---15
custom worktag - shared across Payroll, Timetracking, HCM,
Financials
This type of business process step allows users to edit some fields on
the notification --- correct answer ---Action
This is the result if the business process indicates that the transaction
has to be approved by a Cost Center Manager but a Cost Center
Worktag was not entered on the transaction --- correct answer ---
Unassigned task
What task must be completed after you make a change made to a
security policy --- correct answer ---activate pending security changes
These are the three reasons to enforce Worktags through Maintain
Worktag Usage or Custom Validations --- correct answer ---
Accounting, Reporting, or Business Process Routing
,Which of the following security roles will allow a user to enter
customer transactions, such as invoices and customer payments?
A. Accounts Receivable Specialist
B. Accounts Receivable Analyst --- correct answer ---A
Can you add a domain to a functional area? --- correct answer ---No
Which reports are displayed by the Workday Standard Reports? ---
correct answer ---All Workday Delivered Reports, regardless of access
Can an organization be used as a Worktag? --- correct answer ---Yes
A first and most important step in developing a custom report ---
correct answer ---Choosing a Report Data Source
After you close a ledger year, it is no longer available for processing
but available for reporting --- correct answer ---true
this type of security group limits what values user have access to
within that task --- correct answer ---segment based
,Which one of these is NOT a delivered costing organization? ---
correct answer ---Supervisory Organization
Which area do we not share Custom Worktags with? --- correct
answer ---Expense
True or False: A Period Close Checklist can include tasks to be
completed within Workday as well as tasks to be completed outside of
Workday. --- correct answer ---True
What is a BP? Creating a customer or creating a supplier ? --- correct
answer ---Both
What are the two types of data integrity
a Maintain Worktags
b Maintain Custom Validation
c Maintain Related Worktag Usage
d Maintain Validations --- correct answer ---B and ore C
True or False: Workday allows you to have multiple ledger periods
open at the same time --- correct answer ---True
, Can a Worktag be used as an Organization? --- correct answer ---No
Worktags have no dependents or parents
What is user based security? --- correct answer ---This Security is
assigned to a specific workday account, not a role or position
Do organisation hierarchies store transactions? --- correct answer ---
No
Customer and Purchase Item are this type of Worktag --- correct
answer ---Delivered Worktag
True or False: The Fix Operational Journals with Errors task can be
run by the Accounting Manager at period end to determine if there
were any posting errors that occurred in the period. --- correct
answer ---true
Name three options an Approver has in an Approval step of a business
process --- correct answer ---Approve, Deny, Rescind, Cancel, Send
Back
