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| Section | Objectives |
|---|---|
| Topic 1: Adaptive Planning Fundamentals | - Core concepts of Workday Adaptive Planning - Planning models and structures |
| Topic 2: Reporting and Analytics | - Data visualization and analysis - Reports and dashboards |
| Topic 3: Deployment and Administration | - Tenant configuration - System maintenance and best practices |
| Topic 4: Security and Access Control | - User roles and permissions - Data access and security rules |
| Topic 5: Modeling and Configuration | - Account structures and dimensions - Assumptions and drivers - Versions and scenarios |
| Topic 6: Integration and Data Management | - EIB and integration processes - Data import and export |
| Topic 7: Planning Worksheets and Calculations | - Formulas and calculations - Worksheet design and usage |
1. 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?
A) Contra account
B) Assumption account
C) Root account
D) System account
2. A rollup account called Total Operating Expenses aggregates the balance of the child accounts called Salaries and Rent. If the Rent account is removed from the Adaptive Planning model, what will be the immediate impact on the formula and data?
A) The formula and data will be automatically reassigned to the rollup account, Total Operating Expenses.
B) The formula and data will be preserved within an archived leaf account in the system.
C) The formula and data will be automatically transferred to the remaining child account, Salaries.
D) The formula and data will be permanently deleted across all versions and levels.
3. Which element is required to create a modeled sheet?
A) Attributes
B) Levels
C) Dimensions
D) Accounts
4. What feature enables you to allocate values from a year column into months on a standard sheet?
A) Splits
B) Adjust
C) Breakback
D) Copy Forward
5. You are building a model for Travel Expenses. Finance needs to see detailed travel plans, and expenses will be included with corporate reporting. Planners are expected to complete their travel plans for each forecast. What model design should you use?
A) Standard sheet: Shared formula calculates a 12-month historical average.
B) Modeled sheet: A row for each trip, including dates and level.
C) Cube sheet: Total monthly trips are input and calculated with an Assumption.
D) Standard sheet: Expenses entered by month and level.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |
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