Gfebs reimbursables - Study guides, Class notes & Summaries

Cost Management Process Area - Cost Management (CM) helps manage business operations efficiently and effectively through the accurate measurement and understanding of the "full cost" of an organization's business processes, products, and services. Cost Management allows the organization to provide the best value to customers. Financials - Now, let's look at the Financials (FI) business process area. In GFEBS, Financials relies on the execution of five key sub- processes (shown below) to...

1.Which of the following is a benefit of GFEBS - *A web-based system 10.Prior to the implementation of GFEBS, ______ systems were involved in the processing of Real Property. GFEBS subsumed these into a _____ financial solution. - *Multiple; Single 11.Which of the following is a fact concerning Master Data? - Changes very little over time *Is unique for each GFEBS module Stored and maintained at multiple locations 12.GFEBS is the result of: - *All of the above 13._______ systems are manag...

GFEBS Business Process Areas Question and answers correctly solved 2024 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 ...

GFEBS Business Process Areas Question and answers 2024 verified to pass 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 primaril...

GFEBS Essentials 2023 Exam With Questions And 100% Correct 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 financial, overlapping and redundant systems. 80% GFEBS is a product of a _______ mandate to provide the Army and DoD with relevant, reliable and timely financial information. ...

Funds Management - 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 pro...

*******16.The -- is a centrally managed debt system that tracks all delinquent, individual, outof servise debts that have been referred to the debt and claims managment office at DFAS - chcs *ddms is responsilb efor the posting of doubtful recievables to a separate account in the general ledger - debt allowance does the costomer data reporter route info back to if errors are cound - *masterdata contoller 10. penalties are assessed on the portion of a debt remaining deliquent for more th...

GFEBS Essentials 2024 Exam Questions and Answers 100% Pass 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 i...

GFEBS Essentials 2023 Exam With Questions And 100% Correct 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 financial, overlapping and redundant systems. 80% GFEBS is a product of a _______ mandate to provide the Army and DoD with relevant, reliable and timely financial information. ...

GFEBS Business Process Areas Exam Questions With 100% Correct Answers Funds Management - answerWithin 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 Financ...