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Exam (elaborations)

GFEBS L413E Financial Reporting Exam 2025 Questions and Answers

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GFEBS L413E Financial Reporting Exam 2025 Questions and Answers

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GFEBS L413E Financial Reporting
Exam 2025 Questions and Answers


The Defense Departmental Reporting System (DDRS) takes the GFEBS Trial

Balance and produces the official DoD Financial Statement - --Answer --

True

The DDRS Outbound Trial Balance includes Defense Reporting elements - --

Answer --true


The Business Enterprise Information System (BEIS) - --Answer --Is an

organization in DoD that delivers enterprise business services to enable effective

financial management throughout DoD


The Abnormal Balance Report can be run - --Answer --all of the above


Which of the following statements concerning the Federal Agencies' Centralized

Trial-Balance System (FACTS) is true - --Answer --It collects proprietary

USSGL account balance information that is used to produce the government-wide

consolidated financial statement




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