GFEBS Spending Chain -
Government Purchase Card Exam
Questions and Answers 100%
PASS
An invoice cannot be unblocked if the Managing Account on an EDI-821 and the EDI 810
_____ are different—ANSWER--Invoice
Which account assignment is used specifically for AXOL Rebates?—ANSWER--R
Which of the following is a government approved acquisition method that allows approved
cardholders to make purchases?—ANSWER--Purchase card
If the GPC purchase exceeds the obligation amount, what must be adjusted in GFEBS for
successful posting?—ANSWER--PO
How many card accounts can be identified per PR?—ANSWER--1
Each PR line item can have _______?—ANSWER--Only 1 line of accounting
How many LOAs can one Managing Account have?—ANSWER--Multiple
Who is responsible for identifying errors between AccessOnline (AXOL) and GFEBS?—
ANSWER--The Invoice Interface Processing Monitor
What is the tolerance for GPC purchases?—ANSWER--10%
Government Purchase Card Exam
Questions and Answers 100%
PASS
An invoice cannot be unblocked if the Managing Account on an EDI-821 and the EDI 810
_____ are different—ANSWER--Invoice
Which account assignment is used specifically for AXOL Rebates?—ANSWER--R
Which of the following is a government approved acquisition method that allows approved
cardholders to make purchases?—ANSWER--Purchase card
If the GPC purchase exceeds the obligation amount, what must be adjusted in GFEBS for
successful posting?—ANSWER--PO
How many card accounts can be identified per PR?—ANSWER--1
Each PR line item can have _______?—ANSWER--Only 1 line of accounting
How many LOAs can one Managing Account have?—ANSWER--Multiple
Who is responsible for identifying errors between AccessOnline (AXOL) and GFEBS?—
ANSWER--The Invoice Interface Processing Monitor
What is the tolerance for GPC purchases?—ANSWER--10%
