Workday Financials Practice Questions - Workday Financial Management Certification Exam

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A global organization needs both IFRS reporting for European operations and US GAAP for SEC filings from the same transactions. Which Workday construct enables this?

Creating two separate tenants Multi-book accounting with a primary Operating Book and a secondary Statutory Book Manual reclassification journals at period end Two Companies consolidated monthly

Correct Answer:

Multi-book accounting with a primary Operating Book and a secondary Statutory Book

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