GFEBS Business Process Areas Exam
Study Guide
Funds Management - Correct Answer️️ -Within GFEBS, the Funds Management (FM)
business processing function performs the budgeting and funds control for General
Fund appropriations received by the Army.
The major purposes of Funds Management incl...
Funds Management - Correct Answer✔️✔️-Within GFEBS, the Funds Management (FM)
business processing function performs the budgeting and funds control for General
Fund appropriations received by the Army.
The major purposes of Funds Management include:
•Distributing, allocating and executing funds
•Ensuring that funds are not over-committed
•Allowing the Army to perform strategic planning
FM integrates primarily with the Financials (FI), Reimbursables (RM), and Spending
Chain (SC) business process areas.
Reimbursables - Correct Answer✔️✔️-Reimbursable Order Processing and Debt
Management are the two primary sub-processes that encompass the Reimbursables
(RM) business process.
Spending Chain - Correct Answer✔️✔️-Spending Chain includes the most widely-used
GFEBS transactions, those related to purchase requisitions and purchase orders.
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