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Workday Pro Adaptive Planning Certification (Workday-Adaptive-Planning) Free Practice Test

Question 1
What feature enables you to allocate values from a year column into months on a standard sheet?

Correct Answer: D
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 2
The planning team decided that no user should be able to edit the Office Supplies general ledger account, since the planning team will do the estimates for all levels. What setting in a standard sheet do you use to make an account read-only for all levels?

Correct Answer: A
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 3
You are creating a report in OfficeConnect with dates as the column headers. You want the dates to automatically reflect changes from the Adaptive Planning model. What tool do you use?

Correct Answer: B
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 4
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: A
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 5
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: D
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 6
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?

Correct Answer: C
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).
Question 7
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: A
Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).