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| Section | Objectives |
|---|---|
| Reporting and Analysis | - Financial reporting and dashboards - Variance and scenario analysis |
| Security and Administration | - User roles and access controls - System configuration and administration |
| Modeling and Configuration | - Cube and sheet modeling - Assumptions, drivers, and calculations |
| Data Management | - Data validation and reconciliation - Data integration and import processes |
| Adaptive Planning Fundamentals | - Core concepts of Workday Adaptive Planning - Planning models and structures |
Question 1
Within a modeled sheet where users can select from different Benefit Elections stored as dimension values, what can you create to drive different rates in formula calculations based on the Benefit Election dimension value selected?
A. A value lookup table for each value of the Benefit Election dimension to store their rates separately.
B. A cube sheet storing the rate assumptions across Benefit Election dimension values and a new Rate attribute.
C. A Rate dimension attribute tied to each Benefit Election dimension value.
D. One value lookup table for the Benefit Election dimension that stores the different rates across the dimension values.
Question 2
What does a grey cell background in a standard sheet indicate?
A. The cell contains an error.
B. The cell is editable.
C. The cell is read-only and might contain a value or formula.
D. The cell contains a rollup account or time dimension.
Question 3
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?
A. Multiple periods in the same stratum can contain the same day, so you must identify the gaps.
B. This is only for an instance where the company needs an alternate reporting calendar in days.
C. This is to store daily exchange rates that will override any existing monthly amounts for daily transactions.
D. The goal is to ensure your instance knows where each individual day fits into your time structure.
Question 4
What is a key difference in how Dimensions and Attributes are typically used?
A. Dimensions are used for creating hierarchies; Attributes are used for grouping accounts
B. Dimensions are used to create calculated metrics; Attributes are used only for manual data entry
C. Dimensions are used for tagging data for entry or import; Attributes are used for tagging existing elements like levels or accounts
D. Dimensions can only be applied to standard sheets; Attributes can be applied to all sheet types
Question 5
In modeled sheets, what is the primary function of a value lookup for dimensions or text selector columns?
A. To enter data into the columns of your model.
B. To spread the values in one account over subsequent time periods of another account.
C. To associate specific values to dimensions or text over time to be used in calculations on a modeled sheet.
D. To enter global assumption account values.
Solutions:
| Question 1 Answer: D | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: C | Question 5 Answer: C |
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