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Exam (elaborations)

GFEBS Essentials Updated Questions and Verified Answers, 100% Guarantee Pass

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  • Course
  • GFEBS
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  • GFEBS

GFEBS Essentials Updated Questions and Verified Answers, 100% Guarantee Pass

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  • September 6, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GFEBS
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GFEBS ESSENTIALS EXAM


1. Which of the following is an example of a legacy environment deficiency?-



Answer All of the above

2. GFEBS supports all the following DoD Business Architecture except

Answer In-stallations and Environment

3. GFEBS replaced approximately of the legacy financial, overlappingand

redundant systems.

Answer 80%

4. GFEBS is a product of a mandate to provide the Army and DoD with

relevant, reliable and timely financial information.

Answer Congressional

5. What does the term ERP stand for?

Answer Enterprise Resource Planning

6. An advantage of the GFEBS ERP is that the system is web- based

Answer True
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7. An ERP system reduces errors through the use of a shared databasebetween

business process areas.

Answer True

8. A benefit of PP&E is that it standardizes maintenance processes, which allows the

DPW community to identify best practices and apply them consis-tently.

Answer True

9. With the implementation of GFEBS for Real Property, functionality wassubsumed

into a single financial solution.

Answer True

10. A benefit of GFEBS is that the different process areas are independent tomaintain

data integrity.

Answer False

11. Which of the following are business process areas within GFEBS?

Answer All ofthe above

12. In GFEBS, the Reimbursables business process area encompasses thetracking of

real property.

Answer False

13. Which of the following business process areas performs funds analysisand
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