GFEBS Essentials [Subsumes L101E, L201E, L303E]

GFEBS Essentials [Subsumes L101E, L201E, L303E] 20.One of the ways to print in GFEBS is to press ______ on your keyboard to use standard Windows functionality to save the on-screen image. Ans- *Print Screen 26.Which tab on the GFEBS Online Help Website takes the user to a page where you can fill out a form to receive assistance in training registration, deployment or system questions? Ans- *Contact 23.By automating and integrating the majority of the business processes, and sharing common data and practices across the Army, GFEBS provides information ______. Ans- *On a real-time basis 31.There are _______ primary activities that comprise the GFEBS Real Property sub-process Ans- Two *Six Seven 1.Which of the following is a benefit of GFEBS Ans- *A web-based system 13._______ systems are management information systems that integrate and automate many of the business practices associated with the operations or production aspects of a company Ans- Financial Planning *Enterprise Resource Planning Exact Return Performance Fundamental Procedure 27.GFEBS provides _______. Ans- financial, asset, accounting and cost data The authority to bypass regulations when not a system requirement Automated Army, Air force, and Navy financial reports integration 7.GFEBS uses the ERP program SAP, which provides _______. Ans- A common data structure Automated accounting transaction corrections 28.What areas are included in Property, Plant, and Equipment (PP&E)? Ans- *All of the above 16.GFEBS strategically supports and improves the current Department of Defense (DoD) Business Enterprise Architecture by providing functionality that supports various business components which include all of the following except: Ans- Acquisitions Installations and Environment *Strategic planning and budgeting 14.Which of the following activities fall within the Reimbursables business process area? Ans- *All of the above 35.What is a type of Real Property? Ans- *Office Buildings Plant Equipment None of the above 37.The ____ is used to set standard default information for specific fields when the user is setup in GFEBS. This information is used to identify specific functions or activities related to the user. Ans- *Paramters tab 2.The _____ escalated the need for federal financial management systems to provide accurate, reliable, and timely financial management information to the government's highest levels. Ans- *Federal Financial Management Improvement Act 22.What button do you click on to cancel a transaction Ans- *Cancel Post Save 11.Which of the following is a fact concerning Master Data? Ans- Changes very little over time *Is unique for each GFEBS module Stored and maintained at multiple locations 36.GFEBS is a(n) _______ initiative. Ans- *Department of Army (DA) Department of Defense (DoD) Defense Finance and Accounting Service (DFAS) Which of the following is an example of a deficiency in the legacy environment? Ans- * All of the above 30.Within GFEBS, which business processing function performs the budgeting and funds control for General Fund appropriations received by the Army? Ans- *Funds Management Reimbursable Financials 29.What are the three components of a user profile? Ans- *Address, Default and Parameter 34.Which business process area includes the following tasks: maintain GL accounts, process Journal Vouchers, perform periodic cash balancing activities, and conduct period-end and year-end closing? AnsFinancials *Cost Management Reimbursable 21.Which of the following was a GFEBS deployment objective? Ans- New computer hardware for all Army installations Privatization of Army finance and resource management *Automation and integration of most Army accounting processes 18.What does the General Fund Enterprise Business System (GFEBS) provide the Army with? Ans- *All of the above 25.Which sub-process is associated with the Spending Chain business process area? Ans- Process Journal Vouchers *Vendor Master Data Create projects 4.Which is NOT a benefit of GFEBS for the Army? Ans- It is a non-integrated system which allows departments to each to have their own database 6.Which module is used in GFEBS to track and manage costs for certain projects within the Army? AnsSpending Chain Project Systems 39.Maintenance of the Army's General Ledger Chart of Accounts now only occurs in GFEBS. Benefits of a single GL Chart of Accounts include: Ans- *All of the above 15.When fully implemented, GFEBS will replace approximately _______ of the current financial, overlapping and redundant systems. Ans- *40 percent