GFEBS Reimbursables - Debt Management Study Guide with Complete Solutions
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Course
GFEBS
Institution
GFEBS
GFEBS Reimbursables - Debt
Management Study Guide with Complete
Solutions
Within the reason status code group Ws, there are how many codes - Correct
Answer️️ -One
Debts are eligible to be transferred to the U.S. Treasury for collection if they are
delinquent for more than _____. - Correct...
GFEBS Reimbursables - Debt
Management Study Guide with Complete
Solutions
Within the reason status code group Ws, there are how many codes - Correct
Answer✔️✔️-One
Debts are eligible to be transferred to the U.S. Treasury for collection if they are
delinquent for more than _____. - Correct Answer✔️✔️-90 days
_____ on delinquent debt are used to discourage delinquencies and encourage early
payment of the debt in full. - Correct Answer✔️✔️-Penalties
For Treasury Reporting, non-delinquent debt that is scheduled to be collected is
recorded as current in what time frame? - Correct Answer✔️✔️-Within the next 12 month
Within GFEBS, what is the interval for the automatic execution of the Dunning
transaction code? - Correct Answer✔️✔️-Daily
Receivable invoices, for which waivers are requested, are _____ in GFEBS to prohibit
calculation of interest during the waiver approval process - Correct Answer✔️✔️-Flagged
Remittances are applied in what sequential order to a debt? - Correct Answer✔️✔️-
Penalty, Fees, Interest, Principal
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