GFEBS Essentials 2025 Exam Questions
and Answers
Which of the following is an example of a legacy environment deficiency? - --
Answer --All of the above
GFEBS supports all the following DoD Business Architecture except: - --
Answer --Installations and Environment
GFEBS replaced approximately _______ of the legacy financial, overlapping and
redundant systems. - --Answer --80%
GFEBS is a product of a _______ mandate to provide the Army and DoD with
relevant, reliable and timely financial information. - --Answer --
Congressional
What does the term ERP stand for? - --Answer --Enterprise Resource
Planning
An advantage of the GFEBS ERP is that the system is web- based - --
Answer --True
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, An ERP system reduces errors through the use of a shared database between
business process areas. - --Answer --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. - --
Answer --True
With the implementation of GFEBS for Real Property, functionality was
subsumed into a single financial solution. - --Answer --True
A benefit of GFEBS is that the different process areas are independent to maintain
data integrity. - --Answer --False
Which of the following are business process areas within GFEBS? - --
Answer --All of the above
In GFEBS, the Reimbursables business process area encompasses the tracking of
real property. - --Answer --False
Which of the following business process areas performs funds analysis and
budgetary accounting? - --Answer --Funds Management
In GFEBS, the business process areas are linear and do not integrate with one
another. - --Answer --False
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
and Answers
Which of the following is an example of a legacy environment deficiency? - --
Answer --All of the above
GFEBS supports all the following DoD Business Architecture except: - --
Answer --Installations and Environment
GFEBS replaced approximately _______ of the legacy financial, overlapping and
redundant systems. - --Answer --80%
GFEBS is a product of a _______ mandate to provide the Army and DoD with
relevant, reliable and timely financial information. - --Answer --
Congressional
What does the term ERP stand for? - --Answer --Enterprise Resource
Planning
An advantage of the GFEBS ERP is that the system is web- based - --
Answer --True
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, An ERP system reduces errors through the use of a shared database between
business process areas. - --Answer --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. - --
Answer --True
With the implementation of GFEBS for Real Property, functionality was
subsumed into a single financial solution. - --Answer --True
A benefit of GFEBS is that the different process areas are independent to maintain
data integrity. - --Answer --False
Which of the following are business process areas within GFEBS? - --
Answer --All of the above
In GFEBS, the Reimbursables business process area encompasses the tracking of
real property. - --Answer --False
Which of the following business process areas performs funds analysis and
budgetary accounting? - --Answer --Funds Management
In GFEBS, the business process areas are linear and do not integrate with one
another. - --Answer --False
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2