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GFEBS Essentials 2023 Questions and Answers
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GFEBS Essentials 2023 Questions and Answers Which of the following is an example of a legacy environment deficiency? All of the above GFEBS supports all the following DoD Business Architecture except: Installations and Environment GFEBS replaced approximately _______ of the legacy ...

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  • May 3, 2023
  • 3
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • gfebs essentials 2023 questions and answers
  • which of the following is an example of a legacy environment deficiency all of the above
  • gfebs replaced approximately of the legacy financial

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GFEBS Essentials 2023 Questions and Answers
Which of the following is an example of a legacy environment deficiency? - answer All of the above
GFEBS supports all the following DoD Business Architecture except: - answer Installations and Environment
GFEBS replaced approximately _______ of the legacy financial, overlapping and redundant systems. - answer 80%
GFEBS is a product of a _______ mandate to provide the Army and DoD with relevant, reliable and timely financial information. - answer Congressional
What does the term ERP stand for? - answer Enterprise Resource Planning
An advantage of the GFEBS ERP is that the system is web- based - answer True
An ERP system reduces errors through the use of a shared database between business
process areas. - answer True
A benefit of PP&E is that it standardizes maintenance processes, which allows the DPW
community to identify best practices and apply them consistently. - answer True
With the implementation of GFEBS for Real Property, functionality was subsumed into a
single financial solution. - answer True
A benefit of GFEBS is that the different process areas are independent to maintain data integrity. - answer False
Which of the following are business process areas within GFEBS? - answer All of the
above
In GFEBS, the Reimbursables business process area encompasses the tracking of real property. - answer False
Which of the following business process areas performs funds analysis and budgetary accounting? - answer Funds Management
In GFEBS, the business process areas are linear and do not integrate with one another.
- answer False

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