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GFEBS L230E: Cost Management Process Overview Course Assessment Questions and Answers $8.99   Add to cart
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GFEBS L230E: Cost Management Process Overview Course Assessment Questions and Answers
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GFEBS L230E: Cost Management Process Overview Course Assessment Questions and Answers A Business Process is a unit of the organization from a costing perspective and is used to collect costs. Business Processes are used to track and manage costs for responsibility segments of the Army. - Corre...

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  • September 25, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • gfebs l230e cost management process overview cour

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  • GFEBS
  • GFEBS

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EmillyCharlotte

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TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS
RESERVED
FIRST PUBLISHED: SEPTEMBER 2024

GFEBS L230E: Cost Management
Process Overview Course Assessment
Questions and Answers


A Business Process is a unit of the organization from a costing perspective and is used

to collect costs. Business Processes are used to track and manage costs for

responsibility segments of the Army. - Correct Answer✔️✔️-FALSE


_____________ allows the manager to plot out the costs expected to be incurred during

the coming year as they work to accomplish their assigned mission and provide goods

and services to their customers. - Correct Answer✔️✔️-Cost planning

is where managers and leaders, using the results of their cost analysis as decision

support, implement those changes and enhancements that ultimately move us towards

a more efficient Army. - Correct Answer✔️✔️-COST PLANNING

Cost Management in GFEBS consists of Cost Accounting, Cost Planning, Cost

Controlling, Cost Analysis, and Cost Testing. - Correct Answer✔️✔️-FALSE

Assignments, rather than Allocations, should be utilized where possible unless the

quantities of products and services cannot be tracked or are cost prohibitive - Correct

Answer✔️✔️-TRUE



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