GFEBS L210E Financials Process Overview Graded A

GFEBS L210E Financials Process Overview Graded A a jv is created when it is necessary to - Answer ️️ -request adjustment of accounting entries transfer funds from one gl account to another Reconciling the Army's cash account with the U.S. Treasury is a critical aspect of maintaining the Army's General Fund GL and fund balance with the U.S. Treasury - Answer ️️ -true Which of the options below provides a uniform COA and technical guidance to be used in standardizing federal agency accounting? - Answer ️️ -USSGL None of the above Activities involved in the Year-End Close sub-process of FI include - Answer ️️ -all of the above What organization passes down the business rules for executing the year-end close tasks? These business rules include policies and cut-off dates - Answer ️️ -HQDA Which of the following documents are closed out at the end of the year? - Answer ️️ -all PRs, POs, Open payables w/expiring and canceling funds The United States Treasury is one of the key financial organizations interacting with GFEBS by serving as the central bank for all government agencies. - Answer ️️ -true What system does GFEBS utilize for accounting? - Answer ️️ -the USSGL accounting numbering system To correct the error of the disbursement/collection belonging to GFEBS, GFEBS will match the disbursement/collection with the correct GFEBS invoice or billing document and perform an internal adjustment, and DCAS will process a 1081 reversal with the U.S. Treasury and GFEBS. - Answer ️️ -true