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GFEBS Reimbursable exam questions with 100- correct answers.
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GFEBS Reimbursable exam questions with 100- correct answers.
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GFEBSReimbursable
exam questions
with 100%
correct answers
9.the fee that the us treasury adds to debt it collects is
based on which of the following - answer *age of debt
3.how often is the interest calculation program sheduled
to run - answer each day
8.in accordance with intallment plan guidelines unless an
exception os granted, installment plans may not exceed
what length of time - answer 36
11.the process whereby federal agencies refer delinquent
debts to the us treaury for collection is called - answer
*cross servicing
, 4.which of the following is the term for minis collected to
recover the us tresury borrowing cots - answer *interest
17.which report is used to inform federal decision makers
of the gross book value of the receivables owed to federal
agencies - answer *tresury report
1.the is responsilb efor the posting of doubtful recievables
to a separate account in the general ledger - answer debt
allowance
20.is a status that identifies a recevable as written off and
indicates that collection activities cannot continue -
answer closed out
10. penalties are assessed on the portion of a debt
remaining deliquent for more than days - answer *90
14.the is required by the us treasury to be used as the
interest reate - answer vv
18.for delinquent dbet which of the following is the oldest
debt category - answer 8
*10
13.non delinquent debts are categorized as assets -
answer current and non-current
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