GFEBS Essentials 2023

GFEBS Essentials 2023 Which of the following is an example of a legacy environment deficiency? Ans- All of the above GFEBS supports all the following DoD Business Architecture except: Ans- Installations and Environment GFEBS replaced approximately _______ of the legacy financial, overlapping and redundant systems. Ans80% GFEBS is a product of a _______ mandate to provide the Army and DoD with relevant, reliable and timely financial information. Ans- Congressional What does the term ERP stand for? Ans- Enterprise Resource Planning An advantage of the GFEBS ERP is that the system is web- based Ans- True An ERP system reduces errors through the use of a shared database between business process areas. Ans- 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. Ans- True With the implementation of GFEBS for Real Property, functionality was subsumed into a single financial solution. Ans- True A benefit of GFEBS is that the different process areas are independent to maintain data integrity. AnsFalse Which of the following are business process areas within GFEBS? Ans- All of the above In GFEBS, the Reimbursables business process area encompasses the tracking of real property. AnsFalse Which of the following business process areas performs funds analysis and budgetary accounting? AnsFunds Management In GFEBS, the business process areas are linear and do not integrate with one another. Ans- False Once data is entered into the GFEBS system, it is stored in a common database in real-time Ans- True Which of the following is defined as a major grouping of activities that reflect a specific aspect of an end user's job? Ans- Role A person cannot be assigned more than one role, and a role cannot be assigned to more than one person. Ans- False What information is centrally stored and maintained that is shared across business process areas? AnsMaster Data Which of the following is located at the very top of the screen and dynamically changes based upon the user's assigned roles: Ans- Portal toolbar Upon receiving a Warning Message, how do you proceed? Ans- Acknowledge the message by pressing Enter on your keyboard In order to access GFEBS Ans- Either of the above The three types of messages that appear on a Status bar are? Ans- Informational, Warning, and Error What type of data is transaction-specific data that is associated with master data and is created from a single business event such as creating a purchase requisition Ans- Transactional Data Matchcodes are used to find information, a specific record or field entry based on characteristics of the information Ans- True Which screen element is dynamic and changes based on your assigned roles and a