GFEBS L410E Exam Questions
and Answers 100% PASS
What are the key sub-processes involved in the FI Business Process Area in GFEBS?—
ANSWER-All of the above:
- Maintain G/L Accounts
- Process JVs
- Perform Period-End Close
- Perform Year-End Close
- Cash Balancing
CM facilitates internal management accounting functions.—ANSWER-True
FM allocates and distributes the appropriations that the Army receives, while FI manages
the G/L Accounts to which those allocations and allotments are posted.—ANSWER-True
What is the functionality that GFEBS uses to improve the Army's ability to manage its
financial activities?—ANSWER-All of the above:
- Automated, web-based system
- Automatically posts the document to the appropriate G/L accounts
, - Perform Period and Year-End Close
- Cash Balancing
What is the "core" of the Army's financial accounting system?—ANSWER-The G/L
Which organization acts as the Army's "bank"?—ANSWER-DoD
The General Ledger Master Data Approver must deem the G/L Account modification
necessary and valid prior to update.—ANSWER-True
The __________ accounts, one of accounts in the USSGL COA, include separate accounts for
appropriation and apportionment.—ANSWER-Budgetary
Which of the following is a reason a G/L Account is created or modified?—ANSWER-All of
the above:
- The US Treasury mandates a change
- The DoD requests a change
- There is a valid business need for blocking a G/L Account
How might you number a new Point Account under the Budgetary SGL Account?—ANSWER-
4100.0100
A table is configured into GFEBS which translates the LOAs from STANFINS and SOMARDS
into GFEBS Master Data—ANSWER-True
During what part of the Financials Process is a JV primarily used?—ANSWER-All of the
above:
- Year-End Close Processes
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
and Answers 100% PASS
What are the key sub-processes involved in the FI Business Process Area in GFEBS?—
ANSWER-All of the above:
- Maintain G/L Accounts
- Process JVs
- Perform Period-End Close
- Perform Year-End Close
- Cash Balancing
CM facilitates internal management accounting functions.—ANSWER-True
FM allocates and distributes the appropriations that the Army receives, while FI manages
the G/L Accounts to which those allocations and allotments are posted.—ANSWER-True
What is the functionality that GFEBS uses to improve the Army's ability to manage its
financial activities?—ANSWER-All of the above:
- Automated, web-based system
- Automatically posts the document to the appropriate G/L accounts
, - Perform Period and Year-End Close
- Cash Balancing
What is the "core" of the Army's financial accounting system?—ANSWER-The G/L
Which organization acts as the Army's "bank"?—ANSWER-DoD
The General Ledger Master Data Approver must deem the G/L Account modification
necessary and valid prior to update.—ANSWER-True
The __________ accounts, one of accounts in the USSGL COA, include separate accounts for
appropriation and apportionment.—ANSWER-Budgetary
Which of the following is a reason a G/L Account is created or modified?—ANSWER-All of
the above:
- The US Treasury mandates a change
- The DoD requests a change
- There is a valid business need for blocking a G/L Account
How might you number a new Point Account under the Budgetary SGL Account?—ANSWER-
4100.0100
A table is configured into GFEBS which translates the LOAs from STANFINS and SOMARDS
into GFEBS Master Data—ANSWER-True
During what part of the Financials Process is a JV primarily used?—ANSWER-All of the
above:
- Year-End Close Processes
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
