GFEBS Reimbursable Solved Correctly
2023
9.the fee that the us treasury adds to debt it collects is based on which of the
following - Answer *age of debt
3.how often is the interest calculation program sheduled to run - Answer each day
8.in accordance with intallment plan guidelines unless an exception os granted,
installment plans may not exceed what length of time - Answer 36
11.the process whereby federal agencies refer delinquent debts to the us treaury for
collection is called - Answer *cross servicing
4.which of the following is the term for minis collected to recover the us tresury
borrowing cots - Answer *interest
17.which report is used to inform federal decision makers of the gross book value of
the receivables owed to federal agencies - Answer *tresury report
1.the is responsilb efor the posting of doubtful recievables to a separate account in
the general ledger - Answer debt allowance
20.is a status that identifies a recevable as written off and indicates that collection
activities cannot continue - Answer closed out
10. penalties are assessed on the portion of a debt remaining deliquent for more
than days - Answer *90
14.the is required by the us treasury to be used as the interest reate - Answer vv
18.for delinquent dbet which of the following is the oldest debt category - Answer 8
*10
13.non delinquent debts are categorized as assets - Answer current and non-current
5.a debt is classified as currently not collectable when the net value of the debt is
equal to - Answer less than 25
6.in the contex of gfebs debt managment cnc stands for - Answer collection of
negotiated
15.which of the following types of debt are exempt from interest fee penalties -
Answer *contractor debt
federal agency
16.a summary of the collection received by the us treasury for debts referrred by
gfebs is processed by which system - Answer -*fpps
ipac
2023
9.the fee that the us treasury adds to debt it collects is based on which of the
following - Answer *age of debt
3.how often is the interest calculation program sheduled to run - Answer each day
8.in accordance with intallment plan guidelines unless an exception os granted,
installment plans may not exceed what length of time - Answer 36
11.the process whereby federal agencies refer delinquent debts to the us treaury for
collection is called - Answer *cross servicing
4.which of the following is the term for minis collected to recover the us tresury
borrowing cots - Answer *interest
17.which report is used to inform federal decision makers of the gross book value of
the receivables owed to federal agencies - Answer *tresury report
1.the is responsilb efor the posting of doubtful recievables to a separate account in
the general ledger - Answer debt allowance
20.is a status that identifies a recevable as written off and indicates that collection
activities cannot continue - Answer closed out
10. penalties are assessed on the portion of a debt remaining deliquent for more
than days - Answer *90
14.the is required by the us treasury to be used as the interest reate - Answer vv
18.for delinquent dbet which of the following is the oldest debt category - Answer 8
*10
13.non delinquent debts are categorized as assets - Answer current and non-current
5.a debt is classified as currently not collectable when the net value of the debt is
equal to - Answer less than 25
6.in the contex of gfebs debt managment cnc stands for - Answer collection of
negotiated
15.which of the following types of debt are exempt from interest fee penalties -
Answer *contractor debt
federal agency
16.a summary of the collection received by the us treasury for debts referrred by
gfebs is processed by which system - Answer -*fpps
ipac
