Business > QUESTIONS & ANSWERS > GFEBS Essentials-Subsumes L101E, L201E, L303E (All)

GFEBS Essentials-Subsumes L101E, L201E, L303E

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GFEBS Essentials-Subsumes L101E, L201E, L303E One of the ways to print in GFEBS is to press ______ on your keyboard to use standard Windows functionality to save the on-screen image. - ANS - Print ... Screen Which tab on the GFEBS Online Help Website takes the user to a page where you can fill out a form to receive assistance in training registration, deployment or system questions? - ANS - Contact By automating and integrating the majority of the business processes, and sharing common data and practices across the Army, GFEBS provides information ______. - ANS - On a real-time basis There are _______ primary activities that comprise the GFEBS Real Property sub-process - ANS - Seven Which of the following is a benefit of GFEBS - ANS - A web-based system _______ systems are management information systems that integrate and automate many of the business practices associated with the operations or production aspects of a company - ANS - Enterprise Resource Planning GFEBS provides _______. - ANS - financial, asset, accounting and cost data GFEBS uses the ERP program SAP, which provides _______. - ANS - A common data structure What areas are included in Property, Plant, and Equipment (PP&E) - ANS - All of the above GFEBS strategically supports and improves the current Department of Defense (DoD) Business Enterprise Architecture by providing functionality that supports various business components which include all of the following except: - ANS - Installations and Environment Which of the following activities fall within the Reimbursables business process area? - ANS - All of the above What is a type of Real Property? - ANS - Office buildings The ____ is used to set standard default information for specific fields when the user is setup in GFEBS. This information is used to identify specific functions or activities related to the user. - ANS - Paramters tab The _____ escalated the need for federal financial management systems to provide accurate, reliable, and timely financial management information to the government's highest levels. - ANS - Federal Financial Management Improvement Act What button do you click on to cancel a transaction - ANS - Cancel Which of the following is a fact concerning Master Data? - ANS - Changes very little over time GFEBS is a(n) _______ initiative - ANS - Department of Army (DA) Which of the following is an example of a deficiency in the legacy environment? - ANS - All of the above Within GFEBS, which business processing function performs the budgeting and funds control for General Fund appropriations received by the Army? - ANS - Funds Management What are the three components of a user profile? - ANS - Address, Default and Parameter 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? - ANS - Financials Which of the following was a GFEBS deployment objective? - ANS - Automation and integration of most Army accounting processes What does the General Fund Enterprise Business System (GFEBS) provide the Army with? - ANS - All of the above Which sub-process is associated with the Spending Chain business process area? - ANS - Vendor Master Data Which is NOT a benefit of GFEBS for the Army? - ANS - 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? - ANS - 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: - ANS - All of the above When fully implemented, GFEBS will replace approximately _______ of the current financial, overlapping and redundant systems. - ANS - 80 percent Prior to the implementation of GFEBS, ______ systems were involved in the processing of Real Property. GFEBS subsumed these into a _____ financial solution. - ANS - Multiple; Single ____ are used to find information, a specific record or a specific field entry based on specific characteristics of the information. - ANS - Matchcodes Which of the following is a true statement concerning GFEBS? - ANS - GFEBS information is stored in a common relational database. Which data entry field has a check mark in the field? - ANS - Required Fields GFEBS is the result of: - ANS - All of the above Which of the following systems did GFEBS replace? - ANS - Standard Financial System (STANFINS) The _______ business process area reports the financial status of the Army to the Department of Defense (DoD) and the United States Treasury. - ANS - Financials Which of the following is NOT an activity of the Asset Accounting sub-process? - ANS - Property Disposal A ____ is a self-contained series of screens that enable a user to complete specific activities. - ANS - Transaction GFEBS implementation involves _______ all financial management, accounting and plant maintenance across the Army. - ANS - Standardizing Which business process area encompasses the tracking of real property? - ANS - Property, Plant & Equipment GFEBS was implemented to fulfill requirements mandated by the ____. - ANS - Business Transformation Agency [Show More]

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