Sfis Study guides, Class notes & Summaries

At the end of each period, GFEBS sends its Trial Balance to the Defense Departmental Reporting System (DDRS) which requires GFEBS to - Format its Trial Balance according to SFIS standards Benefits of Financial Reporting in GFEBS include - all of the above GFEBS complies with Standard Financial Information Structure (SFIS) standards by - Linking each GFEBS point account to the appropriate SFIS attribute and DoD reporting Chart of Account number GFEBS creates the Army's actual external finan...

FACTS - ANSWER Federal Agencies' Centralized Trial Balance System GFRS - ANSWER Government-wide Financial Reporting System SFIS - ANSWER Standard Financial Information Structure DDRS - ANSWER Defense Departmental Reporting System BEIS - ANSWER Business Enterprise Information System TROR - ANSWER Treasury Report on Receivables What is DDRS? - ANSWER The automated reporting application maintained by BEIS that is used to prepare and review the Army General Fund financial statemen...

a jv is created when it is necessary to request adjustment of accounting entries transfer funds from one gl account to another Reconciling the Army's cash account with the U.S. Treasury is a critical aspect of maintaining the Army's General Fund GL and fund balance with the U.S. Treasury true Which of the options below provides a uniform COA and technical guidance to be used in standardizing federal agency accounting? USSGL None of the above Activities involved in the...

GFEBS and External Reporting Systems Correct!!! FACTS - ANSWER Federal Agencies' Centralized Trial Balance System GFRS - ANSWER Government-wide Financial Reporting System SFIS - ANSWER Standard Financial Information Structure DDRS - ANSWER Defense Departmental Reporting System BEIS - ANSWER Business Enterprise Information System TROR - ANSWER Treasury Report on Receivables What is DDRS? - ANSWER The automated reporting application maintained by BEIS that is used to prepare an...

GFEBS Exam Questions and Answers 100% Pass Objectives for GFEBS Implementation - Answer- 1. Enable the automation and integration of the majority of the Army's business processes. 2. Use of common data and business practices across the Army and throughout DoD by using the Standard Financial Information Structure (SFIS) to standardize data. 3. Enable users to produce and access information in a real-time environment. systems replaced - Answer- two major systems replaced were the Standard F...

FACTS - ANSWER Federal Agencies' Centralized Trial Balance System GFRS - ANSWER Government-wide Financial Reporting System SFIS - ANSWER Standard Financial Information Structure DDRS - ANSWER Defense Departmental Reporting System BEIS - ANSWER Business Enterprise Information System TROR - ANSWER Treasury Report on Receivables What is DDRS? - ANSWER The automated reporting application maintained by BEIS that is used to prepare and review the Army General Fund financial statemen...

FACTS - ANSWER Federal Agencies' Centralized Trial Balance System GFRS - ANSWER Government-wide Financial Reporting System SFIS - ANSWER Standard Financial Information Structure DDRS - ANSWER Defense Departmental Reporting System BEIS - ANSWER Business Enterprise Information System

Objectives for GFEBS Implementation - ANSWER 1. Enable the automation and integration of the majority of the Army's business processes. 2. Use of common data and business practices across the Army and throughout DoD by using the Standard Financial Information Structure (SFIS) to standardize data. 3. Enable users to produce and access information in a real-time environment. systems replaced - ANSWER two major systems replaced were

A JV is created when it is necessary to - create a GL point request adjustment transer funds a jv is created when it is necessary to - request adjustment of accounting entries transfer funds from one gl account to another A JV is created when it is necessary to make a current period adjustment - true Activities involved in the Year-End Close sub-process of FI include - all of the above FI is responsible for opening and closing posting periods based upon standing business rules. The follo...

CITI Training Quiz Questions with Correct Answers 2024 management of SFIs - Answer-institutions must implement a management plan disclosure of travel - Answer-any reimbursed travel or sponsored travel related to LSU Health responsibilities training - Answer-prior to research, every 4 years, new employee, policy change, noncompliance noncompliance - Answer-retrospective review/mitigation report to NIH investigator - Answer-project director or principal investigator and any other pe...