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ESSENTIALS GFEBS QUESTIONS AND
ANSWERS 2025
Which of the following is an example of a legacy environment
deficiency? - correct answer- All of the above
GFEBS supports all the following DoD Business Architecture
except: - correct answer- Installations and Environment
GFEBS replaced approximately _______ of the legacy
financial, overlapping and redundant systems. - correct answer-
80%
GFEBS is a product of a _______ mandate to provide the Army
and DoD with relevant, reliable and timely financial information.
- correct answer- Congressional
What does the term ERP stand for? - correct answer-
Enterprise Resource Planning
An advantage of the GFEBS ERP is that the system is web-
based - correct answer- True
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An ERP system reduces errors through the use of a shared
database between business process areas. - correct 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. - correct answer- True
With the implementation of GFEBS for Real Property,
functionality was subsumed into a single financial solution. -
correct answer- True
A benefit of GFEBS is that the different process areas are
independent to maintain data integrity. - correct answer- False
Which of the following are business process areas within
GFEBS? - correct answer- All of the above
In GFEBS, the Reimbursables business process area
encompasses the tracking of real property. - correct answer-
False
ESSENTIALS GFEBS QUESTIONS AND
ANSWERS 2025
Which of the following is an example of a legacy environment
deficiency? - correct answer- All of the above
GFEBS supports all the following DoD Business Architecture
except: - correct answer- Installations and Environment
GFEBS replaced approximately _______ of the legacy
financial, overlapping and redundant systems. - correct answer-
80%
GFEBS is a product of a _______ mandate to provide the Army
and DoD with relevant, reliable and timely financial information.
- correct answer- Congressional
What does the term ERP stand for? - correct answer-
Enterprise Resource Planning
An advantage of the GFEBS ERP is that the system is web-
based - correct answer- True
, 2 | Page
An ERP system reduces errors through the use of a shared
database between business process areas. - correct 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. - correct answer- True
With the implementation of GFEBS for Real Property,
functionality was subsumed into a single financial solution. -
correct answer- True
A benefit of GFEBS is that the different process areas are
independent to maintain data integrity. - correct answer- False
Which of the following are business process areas within
GFEBS? - correct answer- All of the above
In GFEBS, the Reimbursables business process area
encompasses the tracking of real property. - correct answer-
False
