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Exam (elaborations)

GFEBS Business Process Areas Exam Study Guide

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  • Course
  • GFEBS
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  • GFEBS

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...

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  • September 25, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GFEBS
  • GFEBS
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EmillyCharlotte
TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
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FIRST PUBLISHED: SEPTEMBER 2024

GFEBS Business Process Areas Exam
Study Guide

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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