GFEBS Essentials 2016 Questions with 100%
Verified 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.
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
Verified 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.
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
