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Exam (elaborations)

GFEBS Reimbursable question with complete solution 2023

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GFEBS Reimbursable question with complete solution 2023 fee that the us treasury adds to debt it collects is based on which of the following - correct answer *age of debt often is the interest calculation program scheduled to run - correct answer each day accordance with installment plan guidelines unless an exception os granted, installment plans may not exceed what length of time - correct answer 36 process whereby federal agencies refer delinquent debts to the us treasury for collection is called - correct answer *cross servicing of the following is the term for minis collected to recover the us tresury borrowing cots - correct answer *interest report is used to inform federal decision makers of the gross book value of the receivables owed to federal agencies - correct answer *tresury report is responsilb efor the posting of doubtful recievables to a separate account in the general ledger - correct answer debt allowance a status that identifies a recevable as written off and indicates that collection activities cannot continue - correct answer closed out 10. penalties are assessed on the portion of a debt remaining deliquent for more than days - correct answer *90 is required by the us treasury to be used as the interest reate - correct answer vv

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Uploaded on
April 24, 2023
Number of pages
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Written in
2022/2023
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