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GFEBS Essentials [Subsumes L101E, L201E, L303E]

Terms in this set (40)

20.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.
*Print Screen
26.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?
*Contact
23.By automating and integrating the majority of the business processes, and sharing common data and practices across the Army, GFEBS provides information ______.
*On a real-time basis
31.There are _______ primary activities that comprise the GFEBS Real Property sub-process
Two

*Six
Seven
1.Which of the following is a benefit of GFEBS
*A web-based system
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
27.GFEBS provides _______.
financial, asset, accounting and cost data

The authority to bypass regulations when not a system requirement

Automated Army, Air force, and Navy financial reports integration
7.GFEBS uses the ERP program SAP, which provides _______.
A common data structure

Automated accounting transaction corrections
28.What areas are included in Property, Plant, and Equipment (PP&E)?
*All of the above
16.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:
Acquisitions
Installations and Environment
*Strategic planning and budgeting
14.Which of the following activities fall within the Reimbursables business process area?
*All of the above
35.What is a type of Real Property?
*Office Buildings
Plant Equipment

None of the above
37.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.
*Paramters tab
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
22.What button do you click on to cancel a transaction
*Cancel
Post
Save
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
36.GFEBS is a(n) _______ initiative.
*Department of Army (DA)
Department of Defense (DoD)
Defense Finance and Accounting Service (DFAS)
Which of the following is an example of a deficiency in the legacy environment?
* All of the above
30.Within GFEBS, which business processing function performs the budgeting and funds control for General Fund appropriations received by the Army?
*Funds Management
Reimbursable
Financials
29.What are the three components of a user profile?
*Address, Default and Parameter
34.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?
Financials
*Cost Management
Reimbursable
21.Which of the following was a GFEBS deployment objective?
New computer hardware for all Army installations

Privatization of Army finance and resource management

*Automation and integration of most Army accounting processes
18.What does the General Fund Enterprise Business System (GFEBS) provide the Army with?
*All of the above
25.Which sub-process is associated with the Spending Chain business process area?
Process Journal Vouchers
*Vendor Master Data
Create projects
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
6.Which module is used in GFEBS to track and manage costs for certain projects within the Army?
Spending Chain
Project Systems
39.Maintenance of the Army's General Ledger Chart of Accounts now only occurs in GFEBS. Benefits of a single GL Chart of Accounts include:
*All of the above
15.When fully implemented, GFEBS will replace approximately _______ of the current financial, overlapping and redundant systems.
*40 percent

80 percent
100 percent
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
24.____ are used to find information, a specific record or a specific field entry based on specific characteristics of the information.
Matchcodes
Criteria codes
*Search codes
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.
5.Which data entry field has a check mark in the field?
Required Fields

Conditional Fields
12.GFEBS is the result of:
*All of the above
40.Which of the following systems did GFEBS replace?
*Standard Financial System (STANFINS)
17.The _______ business process area reports the financial status of the Army to the Department of Defense (DoD) and the United States Treasury.
*Financials
Business
Spending Chain
9.Which of the following is NOT an activity of the Asset Accounting sub-process?
Transferring Assets

*Maintaining Master Data
Property Disposal
3.A ____ is a self-contained series of screens that enable a user to complete specific activities.
Request

Transaction
19.GFEBS implementation involves _______ all financial management, accounting and plant maintenance across the Army.
*Standardizing
32.Which business process area encompasses the tracking of real property?
Spending Chain
Funds Management
*Property, Plant & Equipment
38.GFEBS was implemented to fulfill requirements mandated by the ____.
Joint Chiefs of Staff

*Defense Finance and Accounting Service
Business Transformation Agency
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