GFEBS L410E EXAM 2024 WITH 100% CORRECT ANSWERS

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? - correct answer Both STANFINS and SOMARDS The Year-End Close process closes the books, clears outstanding items, returns unused appropriations to the Treasury, and provides the data necessary for future budgeting and appropriation purposes. - correct answer False Which of the following is not one of the files sent from DCAS to GFEBS on a daily basis? - correct answer The 1081 Correction File The Period-End Closing Process is a set of activities carried out at the end of a period to close/open posting periods and ensure that the Army's General Fund General Ledger accurately reflects the financial status of the Army. - correct answer True Users from which business process area can submit a request to the General Ledger Master Data Approver to create, modify, or block a General Ledger account? - correct answer Cost Management Spending Chain A Journal Voucher is a document that is most often prepared for the _________ and ___________ processes. - correct answer Period-End Close, Year-End Close