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Exam (elaborations)

Gfebs Essentials Latest Exams Test Paper Questions And Answers Sure

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GFEBS ESSENTIALS LATEST EXAMS TEST PAPER QUESTIONS AND ANSWERS SURE

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GFEBS ESSENTIALS LATEST EXAMS TEST PAPER
QUESTIONS AND ANSWERS SURE A+
✔✔Match each enterprise central component (ECC) function with its description -
✔✔Allows for the capture of day-to-day business transactions and reports this
information in real time - Execution
Moves data from ECC ad loads data into BI. Retraction from BI moves initial or interim
AFP data into ECC - Extraction and retraction
Serves as the repository of real-time data. Business transactions are immediately
reflected and accessed in the available reporting tools - Real-time Database
The process / tool for accessing real-time information in EC and presenting it in a
standard format to the analyst or business user - Reporting

✔✔Shown is a diagram representing the fund control and distribution process elements.
- ✔✔i. Control
ii. HQDA (On line between Control and Formal)
iii. Formal Distribution (Distribution on line to the right of pyramid)
iv. Informal Distribution
v. Other

✔✔a. Drag to match each Financial Management (FM) Reporting role with the Business
Intelligence (BI) report characteristics
i. ECC Budget Reporter

, 1. Are generated using transaction codes (T-Codes)
2. Give the User the ability to drill down to transaction document level in non-cumulative
reports
3. Are in real time
4. Provide information for budget control.
ii. BI Budget Reporter generates reports in BI that:
1. Are generated based on roles
2. Can be customized to meet their needs
3. Provide near real-time data (i.e., delay can be from 2-24 hours)
4. Provide data on AFP, allotment, and execution extracted from ECC - ✔✔i. ECC
Budget Reporter
Are generated using transaction codes (T-Codes)
Give the User the ability to drill down to transaction document level in non-cumulative
reports
Are in real time
Provide information for budget control.

ii. BI Budget Reporter generates reports in BI that:
Are generated based on roles
Can be customized to meet their needs
Provide near real-time data (i.e., delay can be from 2-24 hours)
Provide data on AFP, allotment, and execution extracted from ECC

✔✔Select the three categories based on the situations in which BI reports could be
used - ✔✔i. Execution Status
ii. Execution year changes to AFP
iii. Budget Plans

✔✔Drag to match each funds control key term to its description - ✔✔i. FM Master Data
Elements - Includes the application of funds, Funds Center, Functional Area, Funded
Program, and commitment Item
ii. FM Derivation - Refers to the relationships between master data elements based on
"Behind the scenes" rules
iii. Compensation of funds rule - Refers to the Unites States Standard General Ledger
(USSGL) guidance based on funds status
iv. Level of Funds Control - The level at which a particular Army Command chooses to
control budget and formally distribute funds

✔✔a. Drag labels on the bottom to the correct areas of the flow chart to demonstrate
your knowledge of the ECC Component of Funds Management - ✔✔i. TOP: PPB BOS
Master Data
ii. HQDA Loads Allotment - Distribution of AFP & Allotment to Lvl 3,4 - Begin Execution

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