GFEBS Essentials [Subsumes L101E,
L201E, L303E] | 100% Correct Answers |
Verified | Latest 2024 Version
1.Which of the following is a benefit of GFEBS - ✔✔*A web-based system
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. - ✔✔*Federal
Financial Management Improvement Act
3.A ____ is a self-contained series of screens that enable a user to complete specific activities. -
✔✔Request
Transaction
4.Which is NOT a benefit of GFEBS for the Army? - ✔✔It is a non-integrated system which allows
departments to each to have their own database
5.Which data entry field has a check mark in the field? - ✔✔Required Fields
Conditional Fields
6.Which module is used in GFEBS to track and manage costs for certain projects within the Army? -
✔✔Spending Chain
Project Systems
7.GFEBS uses the ERP program SAP, which provides _______. - ✔✔A common data structure
Automated accounting transaction corrections
, 8.Which of the following is a true statement concerning GFEBS? - ✔✔GFEBS information is stored in a
common relational database.
*GFEBS operates under the same file structure as STANFINS.
GFEBS maintains separate systems for each of its components.
9.Which of the following is NOT an activity of the Asset Accounting sub-process? - ✔✔Transferring Assets
*Maintaining Master Data
Property Disposal
10.Prior to the implementation of GFEBS, ______ systems were involved in the processing of Real
Property. GFEBS subsumed these into a _____ financial solution. - ✔✔*Multiple; Single
11.Which of the following is a fact concerning Master Data? - ✔✔Changes very little over time
*Is unique for each GFEBS module
Stored and maintained at multiple locations
12.GFEBS is the result of: - ✔✔*All of the above
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 - ✔✔Financial
Planning
*Enterprise Resource Planning
Exact Return Performance
Fundamental Procedure
L201E, L303E] | 100% Correct Answers |
Verified | Latest 2024 Version
1.Which of the following is a benefit of GFEBS - ✔✔*A web-based system
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. - ✔✔*Federal
Financial Management Improvement Act
3.A ____ is a self-contained series of screens that enable a user to complete specific activities. -
✔✔Request
Transaction
4.Which is NOT a benefit of GFEBS for the Army? - ✔✔It is a non-integrated system which allows
departments to each to have their own database
5.Which data entry field has a check mark in the field? - ✔✔Required Fields
Conditional Fields
6.Which module is used in GFEBS to track and manage costs for certain projects within the Army? -
✔✔Spending Chain
Project Systems
7.GFEBS uses the ERP program SAP, which provides _______. - ✔✔A common data structure
Automated accounting transaction corrections
, 8.Which of the following is a true statement concerning GFEBS? - ✔✔GFEBS information is stored in a
common relational database.
*GFEBS operates under the same file structure as STANFINS.
GFEBS maintains separate systems for each of its components.
9.Which of the following is NOT an activity of the Asset Accounting sub-process? - ✔✔Transferring Assets
*Maintaining Master Data
Property Disposal
10.Prior to the implementation of GFEBS, ______ systems were involved in the processing of Real
Property. GFEBS subsumed these into a _____ financial solution. - ✔✔*Multiple; Single
11.Which of the following is a fact concerning Master Data? - ✔✔Changes very little over time
*Is unique for each GFEBS module
Stored and maintained at multiple locations
12.GFEBS is the result of: - ✔✔*All of the above
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 - ✔✔Financial
Planning
*Enterprise Resource Planning
Exact Return Performance
Fundamental Procedure
