GFEBS L435E Cost Reporting and Analysis questions and answers
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Course
GFEBS
Institution
GFEBS
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 analys...
GFEBS L435E Cost Reporting and Analysis questions and answers
The ad hoc query capability allows authorized users to create reports to satisfy specific management requirements - answer true
ECC reports typically time out within - answer 15
Which of the following about variance is true - answer 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 - answer 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 - answer 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.
- answer false
Direct and indirect costs can be - answer either funded or unfunded
Which of the following cost reports are generated within BI - answer cost by report
The ________ displays the cost of an individual item - answer unit cost report
The purpose of the Budget Alignment and Hours Comparison Report is to determine if actual rates are near the standard rates - answer false
Variance Analysis enables management to - answer all of the above
The BI Managerial Reporter creates ad hoc reports and analyzes them for controlling information related to business operations - answer true
Business Intelligence (BI) Reports contain real-time data, while ERP Central Component (ECC) reports contain near real-time data - answer false
Which of the following are benefits of Cost Reporting - answer all of the above
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