GFEBS L410E EXAM QUESTIONS WITH
ANSWERS GRADED A+
Which of the following is/are source system(s) that use legacy Lines of Accounting (LOA) data that are
converted into GFEBS Line of Accounting data?
Both STANFINS and SOMARDS
The Year-End Close process closes the books, clears outstanding items, returns unused appropriations
to the Treasury, and provides the data necessary for future budgeting and appropriation purposes.
False
Which of the following is not one of the files sent from DCAS to GFEBS on a daily basis?
The 1081 Correction File
The Period-End Closing Process is a set of activities carried out at the end of a period to close/open
posting periods and ensure that the Army's General Fund General Ledger accurately reflects the
financial status of the Army.
True
Users from which business process area can submit a request to the General Ledger Master Data
Approver to create, modify, or block a General Ledger account?
Cost Management Spending Chain
A Journal Voucher is a document that is most often prepared for the _________ and ___________
processes.
Period-End Close, Year-End Close
The Journal Voucher Upload Program is typically used to upload a large number of Journal Vouchers
with multiple line items.
True
Which of the following are Year-End Close Preparation Activities?
All of the above
Which of the following is the sub-process that takes data posted to the General Ledger and stores it in
a way that allows management to analyze costs from an internal perspective?
Cost Management
Financials is the business process area in GFEBS responsible for managing the General Ledger
True
The Period-End Close Process ensures that all data belonging to a period is determined and finalized
and that data is available for financial reporting and management purposes
True
Which Trial Balance is sent via interface to the DDRS?
ANSWERS GRADED A+
Which of the following is/are source system(s) that use legacy Lines of Accounting (LOA) data that are
converted into GFEBS Line of Accounting data?
Both STANFINS and SOMARDS
The Year-End Close process closes the books, clears outstanding items, returns unused appropriations
to the Treasury, and provides the data necessary for future budgeting and appropriation purposes.
False
Which of the following is not one of the files sent from DCAS to GFEBS on a daily basis?
The 1081 Correction File
The Period-End Closing Process is a set of activities carried out at the end of a period to close/open
posting periods and ensure that the Army's General Fund General Ledger accurately reflects the
financial status of the Army.
True
Users from which business process area can submit a request to the General Ledger Master Data
Approver to create, modify, or block a General Ledger account?
Cost Management Spending Chain
A Journal Voucher is a document that is most often prepared for the _________ and ___________
processes.
Period-End Close, Year-End Close
The Journal Voucher Upload Program is typically used to upload a large number of Journal Vouchers
with multiple line items.
True
Which of the following are Year-End Close Preparation Activities?
All of the above
Which of the following is the sub-process that takes data posted to the General Ledger and stores it in
a way that allows management to analyze costs from an internal perspective?
Cost Management
Financials is the business process area in GFEBS responsible for managing the General Ledger
True
The Period-End Close Process ensures that all data belonging to a period is determined and finalized
and that data is available for financial reporting and management purposes
True
Which Trial Balance is sent via interface to the DDRS?
