GFEBS L410E Introduction to Financials Exam Questions and Answers 100% PASS

GFEBS L410E Introduction to
Financials Exam Questions and
Answers 100% PASS

What is a reason code—ANSWER--A numerical code that corresponds to the valid reasons

for posting a JV


Which organization serves as the Army's central bank—ANSWER--U.S. Treasury


Which of the following is/are source system(s) that use legacy Lines of Accounting (LOA) data

that are converted into GFEBS Line of Accounting data?—ANSWER--Both: STANFINS and

SOMARDS are both source systems that use legacy Lines of Accounting (LOA) data that are

converted into GFEBS Line of Accounting data


Which Trial Balance is sent via interface to the DDRS?—ANSWER--The Trial Balance

w/defense reporting elements


Which of the following is responsible for generating the Army's external financial statements

and reports at the end of each period based on the trial balance it receives via interface

from GFEBS?—ANSWER--The Financial Reviewer


Defense Departmental Reporting System (DDRS)


Which of the following is the sub-process that takes data posted to the General Ledger and

stores it in a way that allows management to analyze costs from—ANSWER--Cost