True or False: Workday has separate settlement engines for receivables and payables.

The assertion is false because Workday does not use separate settlement engines for receivables and payables; instead, it employs a unified approach. Workday's financial management system integrates these functions to streamline processes, improve efficiency, and enhance visibility across financial transactions.

This integration allows organizations to manage both incoming and outgoing payments within a cohesive framework, reducing complexity and the need for separate systems. By using a single platform, businesses can gain real-time insights and better control over their cash flow, which is critical for financial health and decision-making.

Other options, such as those suggesting separate settlement engines for different business sizes or regions, overlook Workday's standardized model designed to offer consistent functionality across all implementations. This approach promotes a more efficient financial operation by maintaining a consistent, integrated system for managing all financial transactions.