Workday Pro Adaptive Planning Certification Sample Questions:

1. 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) The goal is to ensure your instance knows where each individual day fits into your time structure.
B) This is to store daily exchange rates that will override any existing monthly amounts for daily transactions.
C) This is only for an instance where the company needs an alternate reporting calendar in days.
D) Multiple periods in the same stratum can contain the same day, so you must identify the gaps.

2. Which two exchange rate types does a new Adaptive Planning instance create by default?

A) Actuals and Plan
B) Local and Corporate
C) Average and End of Month
D) Historical and Budget

3. 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) Modeled sheet: A row for each trip, including dates and level.
B) Standard sheet: Expenses entered by month and level.
C) Cube sheet: Total monthly trips are input and calculated with an Assumption.
D) Standard sheet: Shared formula calculates a 12-month historical average.

4. 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) Root account
B) System account
C) Assumption account
D) Contra account

5. You need to structure a model to support both planning and reporting of expenses by project, while classifying each project by its funding source. How do you structure the model to meet these requirements?

A) Create a new dimension for Project and an attribute for Funding Source, then apply the dimension and attribute to relevant expense accounts or sheets.
B) Use calculated accounts on a standard sheet to derive expenses by project and funding source.
C) Create new accounts in the chart of accounts for each project and funding source combination to track expenses.
D) Restructure the level hierarchy to include each project as a child level under the relevant department to track expenses by project.

Solutions: