GFEBS Essentials-Subsumes L101E, L201E,
L303E/ 40 Qs & Ans/ 2024-2025.
common data and practices across the Army, GFEBS provides information ______.
- Answer: On a real-time basis
There are _______ primary activities that comprise the GFEBS Real Property sub-
process - Answer: Seven
Which of the following is a benefit of GFEBS - Answer: A web-based system
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? - Answer: Financials
Which of the following was a GFEBS deployment objective? - Answer: Automation
and integration of most Army accounting processes
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, What does the General Fund Enterprise Business System (GFEBS) provide the
Army with? - Answer: All of the above
Which sub-process is associated with the Spending Chain business process area? -
Answer: Vendor Master Data
Which is NOT a benefit of GFEBS for the Army? - Answer: It is a non-integrated
system which allows departments to each to have their own database
Which module is used in GFEBS to track and manage costs for certain projects
within the Army? - Answer: Project Systems
Maintenance of the Army's General Ledger Chart of Accounts now only occurs in
GFEBS. Benefits of a single GL Chart of Accounts include: - Answer: All of the
above
When fully implemented, GFEBS will replace approximately _______ of the
current financial, overlapping and redundant systems. - Answer: 80 percent
Prior to the implementation of GFEBS, ______ systems were involved in the
processing of Real Property. GFEBS subsumed these into a _____ financial
solution. - Answer: Multiple; Single
____ are used to find information, a specific record or a specific field entry based
on specific characteristics of the information. - Answer: Matchcodes
Which of the following is a true statement concerning GFEBS? - Answer: GFEBS
information is stored in a common relational database.
Which data entry field has a check mark in the field? - Answer: Required Fields
GFEBS is the result of: - Answer: All of the above
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L303E/ 40 Qs & Ans/ 2024-2025.
common data and practices across the Army, GFEBS provides information ______.
- Answer: On a real-time basis
There are _______ primary activities that comprise the GFEBS Real Property sub-
process - Answer: Seven
Which of the following is a benefit of GFEBS - Answer: A web-based system
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? - Answer: Financials
Which of the following was a GFEBS deployment objective? - Answer: Automation
and integration of most Army accounting processes
1|Page
, What does the General Fund Enterprise Business System (GFEBS) provide the
Army with? - Answer: All of the above
Which sub-process is associated with the Spending Chain business process area? -
Answer: Vendor Master Data
Which is NOT a benefit of GFEBS for the Army? - Answer: It is a non-integrated
system which allows departments to each to have their own database
Which module is used in GFEBS to track and manage costs for certain projects
within the Army? - Answer: Project Systems
Maintenance of the Army's General Ledger Chart of Accounts now only occurs in
GFEBS. Benefits of a single GL Chart of Accounts include: - Answer: All of the
above
When fully implemented, GFEBS will replace approximately _______ of the
current financial, overlapping and redundant systems. - Answer: 80 percent
Prior to the implementation of GFEBS, ______ systems were involved in the
processing of Real Property. GFEBS subsumed these into a _____ financial
solution. - Answer: Multiple; Single
____ are used to find information, a specific record or a specific field entry based
on specific characteristics of the information. - Answer: Matchcodes
Which of the following is a true statement concerning GFEBS? - Answer: GFEBS
information is stored in a common relational database.
Which data entry field has a check mark in the field? - Answer: Required Fields
GFEBS is the result of: - Answer: All of the above
2|Page
