Online Access Free Workday-Adaptive-Planning Practice Test

How many top level hierarchy structures can you have in an Adaptive Planning instance?

• A.1
• B.3
• C.Unlimited
• D.2

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.
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 permanently deleted across all versions and levels.
• 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 automatically reassigned to the rollup account, Total Operating Expenses.

An OPEX model uses headcount data linked from a personnel sheet. When testing with sample data, all expense results appear in the location dimension value of 'Uncategorized.' What corrections need to be made to populate the location values?

• A.The personnel sheet needs modeled accounts for each location.
• B.The OPEX formulas need term modifiers for location.
• C.The personnel sheet needs to be planned with the location dimension.
• D.The OPEX formulas need to have Data Privacy set to 'Public at all levels.'

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 planner needs to display the profit margin ratio on the Income Statement, calculated as Operating Income divided by Revenue and presented as a percentage. What type of account should the planner create and configure?

• A.Calculated
• B.Custom
• C.Metric
• D.General Ledger

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?

• A.divf(ACCT.Example[time=this.qtr, this.year-1], 3)
• B.divf(ACCT.Example[time=this.qtr-4], 3)
• C.divf(ACCT.Example[time=this.year-1], 3)
• D.divf(ACCT.Example[time=this-12:this-9], 3)