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Exam (elaborations)

GFEBS Business Process Areas Already Passed

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GFEBS Business Process Areas Already Passed Funds Management - Answer ️️ -Within GFEBS, the Funds Management (FM) business processing function performs the budgeting and funds control for General Fund appropriations received by the Army. The major purposes of Funds Management include: •Distributing, allocating and executing funds •Ensuring that funds are not over-committed •Allowing the Army to perform strategic planning FM integrates primarily with the Financials (FI), Reimbursables (RM), and Spending Chain (SC) business process areas. Reimbursables - Answer ️️ -Reimbursable Order Processing and Debt Management are the two primary sub-processes that encompass the Reimbursables (RM) business process. Spending Chain - Answer ️️ -Spending Chain includes the most widely-used GFEBS transactions, those related to purchase requisitions and purchase orders.

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GFEBS Essentials
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GFEBS Essentials








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GFEBS Essentials
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