GCSS-Army Finance (Sustainment) Exam
Questions And Answers Verified 100% Correct
An alphanumeric code created by Finance in GFEBS that represents a mission or
operation, an external customer, or other source of costs is known as __________? -
ANSWER d. Fund Identification Code
Army supply depots, warehouses, supply support activities (SSAs) and the like that
furnish operating supplies and parts for tactical equipment repairs to Army
organizations are known as __________? - ANSWER c. Distribution Centers
True or False? A reservation is a request to keep a material ready for issue at a future
date for a specified purpose. This is to ensure that a material is available when
required. - ANSWER b. False
Criteria set in GCSS-Army by each Command that determine under which
circumstances a purchase requisition must be approved is known as __________? -
ANSWER c. Release Strategy
What should you do if you see incorrect Customer Fund Codes in ZPARK? -
ANSWER c. Correct the CFCS and communicate the corrected CFCS to the
Logisticians
Purchase Requisitions become commitments when they are __________. -
ANSWER a. Posted
A firm administrative reservation of funds which authorizes the recipient to create
obligations without further recourse to the official responsible for certifying the
availability of funds is known as a(n) __________? - ANSWER b. Commitment
Which of the following is a plan that has received budget so that actions may be taken
to accomplish a specified goal and can be used to control spending. - ANSWER a.
Funded Program
True or False? The longer Purchase Requisitions remain in ZPARK awaiting
approval, the more readiness is negatively impacted. - ANSWER a. True
On non-cumulative reports, what is the equation for finding the Available Allotment? -
ANSWER c. Allotment - Commitment - Obligation - Expenses - Disbursements
Questions And Answers Verified 100% Correct
An alphanumeric code created by Finance in GFEBS that represents a mission or
operation, an external customer, or other source of costs is known as __________? -
ANSWER d. Fund Identification Code
Army supply depots, warehouses, supply support activities (SSAs) and the like that
furnish operating supplies and parts for tactical equipment repairs to Army
organizations are known as __________? - ANSWER c. Distribution Centers
True or False? A reservation is a request to keep a material ready for issue at a future
date for a specified purpose. This is to ensure that a material is available when
required. - ANSWER b. False
Criteria set in GCSS-Army by each Command that determine under which
circumstances a purchase requisition must be approved is known as __________? -
ANSWER c. Release Strategy
What should you do if you see incorrect Customer Fund Codes in ZPARK? -
ANSWER c. Correct the CFCS and communicate the corrected CFCS to the
Logisticians
Purchase Requisitions become commitments when they are __________. -
ANSWER a. Posted
A firm administrative reservation of funds which authorizes the recipient to create
obligations without further recourse to the official responsible for certifying the
availability of funds is known as a(n) __________? - ANSWER b. Commitment
Which of the following is a plan that has received budget so that actions may be taken
to accomplish a specified goal and can be used to control spending. - ANSWER a.
Funded Program
True or False? The longer Purchase Requisitions remain in ZPARK awaiting
approval, the more readiness is negatively impacted. - ANSWER a. True
On non-cumulative reports, what is the equation for finding the Available Allotment? -
ANSWER c. Allotment - Commitment - Obligation - Expenses - Disbursements
