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GFEBS Reimbursable Exam With Complete Solutions

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  • GFEBS

GFEBS Reimbursable Exam With Complete Solutions fee that the us treasury adds to debt it collects is based on which of the following *age of debt often is the interest calculation program sheduled to run each day accordance with intallment plan guidelines unless an exception os gran...

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  • June 22, 2024
  • 4
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • gfebs reimbursable exam with complete solutions 9

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  • GFEBS
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GFEBS Reimbursable Exam With Complete
Solutions
9.the fee that the us treasury adds to debt it collects is based on which of the following
*age of debt


3.how often is the interest calculation program sheduled to run
each day


8.in accordance with intallment plan guidelines unless an exception os granted, installment plans may
not exceed what length of time
36


11.the process whereby federal agencies refer delinquent debts to the us treaury for collection is
called
*cross servicing


4.which of the following is the term for minis collected to recover the us tresury borrowing cots
*interest


17.which report is used to inform federal decision makers of the gross book value of the receivables
owed to federal agencies
*tresury report


1.the is responsilb efor the posting of doubtful recievables to a separate account in the general ledger
debt allowance


20.is a status that identifies a recevable as written off and indicates that collection activities cannot
continue
closed out


10. penalties are assessed on the portion of a debt remaining deliquent for more than days
*90


14.the is required by the us treasury to be used as the interest reate
vv


18.for delinquent dbet which of the following is the oldest debt category
8
*10


13.non delinquent debts are categorized as assets
current and non-current


5.a debt is classified as currently not collectable when the net value of the debt is equal to

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