GFEBS ESSENTIALS 2026 FUNDS CONTROL
AND ACCOUNTING MODULE QUESTIONS
SOLUTIONS STRUCTURED SCRIPT
◉ 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
, ◉ 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.
AND ACCOUNTING MODULE QUESTIONS
SOLUTIONS STRUCTURED SCRIPT
◉ 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
, ◉ 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.
