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GFEBS Essentials Questions & Answers | 100% Correct Answers | Verified | Latest 2025, Exams of Financial Management

United States Army Command and General Staff College (CGSC)Financial Management

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. - ✔✔Congressional What does the term ERP stand for? - ✔✔Enterprise Resource Planning An advantage of the GFEBS ERP is that the system is web- based - ✔✔True

Typology: Exams

2024/2025

Available from 12/30/2024

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GFEBS Essentials Questions & Answers | 100% Correct
Answers | Verified | Latest 2025 Version
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. - ✔✔Congressional
What does the term ERP stand for? - ✔✔Enterprise Resource Planning
An advantage of the GFEBS ERP is that the system is web- based - ✔✔True
An ERP system reduces errors through the use of a shared database between business process areas. -
✔✔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. - ✔✔True
With the implementation of GFEBS for Real Property, functionality was subsumed into a single financial
solution. - ✔✔True
A benefit of GFEBS is that the different process areas are independent to maintain data integrity. -
✔✔False
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Download GFEBS Essentials Questions & Answers | 100% Correct Answers | Verified | Latest 2025 and more Exams Financial Management in PDF only on Docsity!

GFEBS Essentials Questions & Answers | 100% Correct

Answers | Verified | Latest 202 5 Version

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. - ✔✔Congressional What does the term ERP stand for? - ✔✔Enterprise Resource Planning An advantage of the GFEBS ERP is that the system is web- based - ✔✔True An ERP system reduces errors through the use of a shared database between business process areas. - ✔✔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. - ✔✔True With the implementation of GFEBS for Real Property, functionality was subsumed into a single financial solution. - ✔✔True A benefit of GFEBS is that the different process areas are independent to maintain data integrity. - ✔✔False

Which of the following are business process areas within GFEBS? - ✔✔All of the above In GFEBS, the Reimbursables business process area encompasses the tracking of real property. - ✔✔False Which of the following business process areas performs funds analysis and budgetary accounting? - ✔✔Funds Management In GFEBS, the business process areas are linear and do not integrate with one another. - ✔✔False Once data is entered into the GFEBS system, it is stored in a common database in real-time - ✔✔True Which of the following is defined as a major grouping of activities that reflect a specific aspect of an end user's job? - ✔✔Role A person cannot be assigned more than one role, and a role cannot be assigned to more than one person. - ✔✔False What information is centrally stored and maintained that is shared across business process areas? - ✔✔Master Data Which of the following is located at the very top of the screen and dynamically changes based upon the user's assigned roles: - ✔✔Portal toolbar Upon receiving a Warning Message, how do you proceed? - ✔✔Acknowledge the message by pressing Enter on your keyboard In order to access GFEBS - ✔✔Either of the above The three types of messages that appear on a Status bar are? - ✔✔Informational, Warning, and Error

One way to save an ECC report to your computer, is by selecting to save the file - ✔✔Save to local file... GFEBS BI reporting tools allow you to access, analyze, and share GFEBS information - ✔✔Save The main benefit of using GFEBS BI reports is to analyze GFEBS information through highly interactive reports. - ✔✔True All BI reports are accessed by selecting which tab on the GFEBS Portal? - ✔✔Business Intelligence tab BI reports are reports that are used for data management and modeling. These reports are pulled from transactional data in the system on a pre-determined basis and into the Business Intelligence Warehouse. - ✔✔True What statement about BI variants is INCORRECT? - ✔✔Are accessed through Available Variants Running an ECC report in the background allows users to work in parallel with on-screen functions while jobs in the background are executing. - ✔✔True