Workday Adaptive Planning (Adaptive-Planning)

What is a properly formatted level name?

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

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?

You need to create a sub-version. For what kind of version do you create the sub-version?

What action creates an (Only) level?

Given the level structure and access rule configuration in the image, what access does the HR analyst (hr@wdayptnrgcf.com) have to Adaptive Planning?

How can you report on alternate level groupings within Adaptive Planning that reflect the ones maintained in a financial system of record such as Workday?

The finance team wants to create a sub-account for the Inventory General Ledger account.

What will happen to the existing balance in the Inventory General Ledger account once the sub-account is created?

The budgeting team would like to incorporate an inflation rate into several different formulas. This inflation rate might be adjusted later on, so the team would like to be mindful of the maintenance effort and store it in one place.

What account type allows for data entry at the "Top Level (Only)" to accommodate this?

Refer to the following scenario to answer the question below.

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?

Refer to the following scenario to answer the question below.

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?