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| Section | Objectives |
|---|---|
| Topic 1: Data Management | - Data integration and import processes - Data validation and reconciliation |
| Topic 2: Security and Administration | - User roles and access controls - System configuration and administration |
| Topic 3: Reporting and Analysis | - Financial reporting and dashboards - Variance and scenario analysis |
| Topic 4: Modeling and Configuration | - Assumptions, drivers, and calculations - Cube and sheet modeling |
| Topic 5: Adaptive Planning Fundamentals | - Core concepts of Workday Adaptive Planning - Planning models and structures |
You need to create a formula that divides the bonus input by 12 and then multiplies it by the partial headcount. What is the recommended syntax?
Correct Answer: C 🗳️
Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
How many top level hierarchy structures can you have in an Adaptive Planning instance?
Correct Answer: D 🗳️
Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
Scenario: A financial planner is responsible for ensuring the accuracy and structure of the Adaptive Planning model. This includes maintaining formulaic accounts on the Income Statement and establishing a logical hierarchy for the General Ledger accounts to facilitate effective financial reporting and analysis.
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: C 🗳️
Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
Your Adaptive Planning instance uses the default time stratum. You are creating a monthly formula that should be an average of the quarter from one year ago. How do you write the formula?
Correct Answer: C 🗳️
Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
You are the administrator for Adaptive Planning and need to create a permission set for a new group of users who will be responsible for entering budget data into the system. These budgeters should be able to: Add values to existing plan estimates. View reports and dashboards to understand the budgeting context. What permission set template would you use as the basis of a new permission set to achieve this functionality?
Correct Answer: D 🗳️
Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).
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