GFEBS Reimbursables - Accounts Receivables ()Correct 100%.
What are two of the primary sub-processes encompassed in the accounts receivables process in GFEBS - ANSWER Reimbursables and Debt Management Reimbursable Process - ANSWER determine the order acceptance direct cite, direct charge, or reimbursable Determine the type of work Create a project structure Approver reviews and releases the project in Project Systems Key Terms associated with the reimbursables process to its description - ANSWER Obligates appropriations in the same manner as orders or contracts placed with commercial enterprises--Project Order The action that the performing organization takes to provide the goods and / or services requested by the customer--Work Execution The process in which the performing entity received payment for the billed goods and / or services--Collections Authorizes Federal agencies to order goods and services from other federal agencies--Economy Act Process wherein the performing organization requests payments from the customer--Billing Drag and drop each note to "File It (TRUE)" or "Trash it (FALSE)" - ANSWER TRUE Collections require creation of new cost elements Reimbursables require billing reimbursables have a prior agreement False Collections do not have a prior agreement Reimbursables do not require creation of new cost elements Collections do not require billing Which of the following are customer master data interfaces - ANSWER DDMS, DTS, CDS WBS elements are arranged hierarchically so that the most atomic work that can be described and funded with a single LOA (Line of accounting) are at the bottom - ANSWER Atomic Th
Document information
- Uploaded on
- May 22, 2024
- Number of pages
- 2
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers