©Themoon EXAM SOLUTIONS
17/11/2024 2:03PM
GFEBS Reimbursable Test Solutions
9.the fee that the us treasury adds to debt it collects is based on which of the following -
Answers✓✓*age of debt
3.how often is the interest calculation program sheduled to run - Answers✓✓each day
8.in accordance with intallment plan guidelines unless an exception os granted, installment plans
may not exceed what length of time - Answers✓✓36
11.the process whereby federal agencies refer delinquent debts to the us treaury for collection is
called - Answers✓✓*cross servicing
4.which of the following is the term for minis collected to recover the us tresury borrowing cots
- Answers✓✓*interest
17.which report is used to inform federal decision makers of the gross book value of the
receivables owed to federal agencies - Answers✓✓*tresury report
1.the is responsilb efor the posting of doubtful recievables to a separate account in the general
ledger - Answers✓✓debt allowance
20.is a status that identifies a recevable as written off and indicates that collection activities
cannot continue - Answers✓✓closed out
10. penalties are assessed on the portion of a debt remaining deliquent for more than days -
Answers✓✓*90
, ©Themoon EXAM SOLUTIONS
17/11/2024 2:03PM
14.the is required by the us treasury to be used as the interest reate - Answers✓✓vv
18.for delinquent dbet which of the following is the oldest debt category - Answers✓✓8
*10
13.non delinquent debts are categorized as assets - Answers✓✓current and non-current
5.a debt is classified as currently not collectable when the net value of the debt is equal to -
Answers✓✓less than 25
6.in the contex of gfebs debt managment cnc stands for - Answers✓✓collection of negotiated
15.which of the following types of debt are exempt from interest fee penalties -
Answers✓✓*contractor debt
federal agency
16.a summary of the collection received by the us treasury for debts referrred by gfebs is
processed by which system - Answers✓✓-*fpps
ipac
19.which of the fllowing are assessed to cover the added coasts incurred in handling a debt
beyon the date on which payment was due - Answers✓✓fines
*fees
12.which of the following statements is true concerning reason codes for debts -
Answers✓✓*reason status codes indicate the state of the debt
17/11/2024 2:03PM
GFEBS Reimbursable Test Solutions
9.the fee that the us treasury adds to debt it collects is based on which of the following -
Answers✓✓*age of debt
3.how often is the interest calculation program sheduled to run - Answers✓✓each day
8.in accordance with intallment plan guidelines unless an exception os granted, installment plans
may not exceed what length of time - Answers✓✓36
11.the process whereby federal agencies refer delinquent debts to the us treaury for collection is
called - Answers✓✓*cross servicing
4.which of the following is the term for minis collected to recover the us tresury borrowing cots
- Answers✓✓*interest
17.which report is used to inform federal decision makers of the gross book value of the
receivables owed to federal agencies - Answers✓✓*tresury report
1.the is responsilb efor the posting of doubtful recievables to a separate account in the general
ledger - Answers✓✓debt allowance
20.is a status that identifies a recevable as written off and indicates that collection activities
cannot continue - Answers✓✓closed out
10. penalties are assessed on the portion of a debt remaining deliquent for more than days -
Answers✓✓*90
, ©Themoon EXAM SOLUTIONS
17/11/2024 2:03PM
14.the is required by the us treasury to be used as the interest reate - Answers✓✓vv
18.for delinquent dbet which of the following is the oldest debt category - Answers✓✓8
*10
13.non delinquent debts are categorized as assets - Answers✓✓current and non-current
5.a debt is classified as currently not collectable when the net value of the debt is equal to -
Answers✓✓less than 25
6.in the contex of gfebs debt managment cnc stands for - Answers✓✓collection of negotiated
15.which of the following types of debt are exempt from interest fee penalties -
Answers✓✓*contractor debt
federal agency
16.a summary of the collection received by the us treasury for debts referrred by gfebs is
processed by which system - Answers✓✓-*fpps
ipac
19.which of the fllowing are assessed to cover the added coasts incurred in handling a debt
beyon the date on which payment was due - Answers✓✓fines
*fees
12.which of the following statements is true concerning reason codes for debts -
Answers✓✓*reason status codes indicate the state of the debt
