Which version contains actual financial results for a given period?

Master the Workday Adaptive Planning Certification. Test your knowledge with tailored multiple choice questions and detailed explanations to help you ace the exam effortlessly.

The correct answer is the Actuals Version, as it specifically represents the documented financial results for a particular period. This version captures the real data that has been reported and finalized, making it essential for analysis and reporting of past performance. Businesses rely on this information to compare against forecasts and plans, assess financial health, and make informed strategic decisions.

Forecast versions, on the other hand, involve projections of future financial performance based on various assumptions and historical data, rather than realized outcomes. Plan versions are typically goals or targets set for financial performance but not reflective of actual results. Future versions, as the name suggests, would focus on anticipated financial figures without any recorded actual data. Thus, the Actuals Version is uniquely positioned to provide the factual financial performance that is crucial for analysis and review.

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