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Exam (elaborations)

GCSS-Finance Sustainment Latest Update Graded A

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GCSS-Finance Sustainment Latest Update Graded A Financial Management tasks that are carried out in GCSS-Army fall under which of the following categories: d. All of the Above MRP automatically converts _________ to _________ c. Reservations, PRs An organizational unit of responsibility where costs can accumulate and be reported is known as a(n): b. Cost Center True or False? The GCSS-Army term for an organization that is authorized to receive funding is known as the Fund Center a. True Which of the following is an example of how Finance affects Spending Chain events? b. Finance ensures that budget is available for purchase requisitions The reason(s) for maintaining the DoDAAC's account assignment table by creating customer fund codes (CFCs) is/are to: d. All of the Above The correct sequence of events for making budget available for execution is: c. Verify that the budget has come in from GFEBS, maintain the DoDAAC's account assignment tables, and then communicate the CCs to the Logisticians Parked PRs are processed using which transaction? d. ZPARK Purchase Requisitions become commitments when they are _________ a. Posted On the Status of Funds report below, what is the Available Allotment for Funds Center A18ZZ? c. 365,641.75 A goods receipt for all materials on Purchase Order has been posted to GCSS-Army. The amount of the PO now appears in which column on a non-cumulative status of funds report? b. Expense Monitoring obligations is an important part of monitoring budget execution. The contents of the Obligation column on a non-cumulative status of funds report contains which of the following? d. All open Purchase Orders Which of the following causes an unmatched transaction? c. The Interfund Bill cannot be matched to a document in GCSS-Army The Disbursements column of the status of funds report contains: c. Both A and B

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GCSS-Finance Sustainment
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GCSS-Finance Sustainment

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