GFEBS L435E Cost Reporting and Analysis Questions and Answers with Complete Solutions

GFEBS L435E Cost Reporting and Analysis Questions and Answers with Complete Solutions The ad hoc query capability allows authorized users to create reports to satisfy specific management requirements true ECC reports typically time out within 15 Which of the following about variance is true all of the above The Time-Tracking Source Data Report provides analysis at an employee-level for charged hours from time-tracking systems (e.g., Automated Time Attendance and Production System (ATAAPS)) and the Payroll Source Data Report displays detailed labor interfaced in from payroll systems true Ad hoc formulas are available in BI to enable you to create formulas within a report and to calculate amounts based on report attributes true The Cost perspective supports the budget process and tracks obligations and expenditures by appropriation. The Budget perspective tracks the full cost to produce key outputs regardless of source funds and supports cost estimating, performance assessment, and management action. false Direct and indirect costs can be either funded or unfunded Which of the following cost reports are generated within BI cost by report The ________ displays the cost of an individual item unit cost report The purpose of the Budget Alignment and Hours Comparison Report is to determine if actual rates are near the standard rates false Variance Analysis enables management to all of the above The BI Managerial Reporter creates ad hoc reports and analyzes them for controlling information related to business operations true Business Intelligence (BI) Reports contain real-time data, while ERP Central Component (ECC) reports contain near real-time data false Which of the following are benefits of Cost Reporting all of the above GFEBS provides reporting capabilities through interfaces with various external systems. One of those systems is the Outbound Cost Data interface to EASI. true The following are ECC Report Types, except Unit Cost Report Plan/Actual/Variance Report Rate Reports Within the Controlling (CO) ledger, the account number range 9000.0000 through 9999.9999 is reserved for Primary Cost Elements false