GFEBS COMPREHENSIVE TEST PAPER QUESTIONS AND ANSWERS VERIFIED GRADED A+

GFEBS COMPREHENSIVE TEST PAPER
QUESTIONS AND ANSWERS VERIFIED
GRADED A+

●● 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 information.
Answer: Congressional


●● What does the term ERP stand for?
Answer: Enterprise Resource Planning


●● An advantage of the GFEBS ERP is that the system is web- based
Answer: True

, ●● An ERP system reduces errors through the use of a shared database
between business process areas.
Answer: 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.
Answer: True


●● With the implementation of GFEBS for Real Property, functionality
was subsumed into a single financial solution.
Answer: True


●● A benefit of GFEBS is that the different process areas are
independent to maintain data integrity.
Answer: False


●● Which of the following are business process areas within GFEBS?
Answer: All of the above


●● In GFEBS, the Reimbursables business process area encompasses
the tracking of real property.
Answer: False