GFEBS L410E Introduction to Financials questions and answers 100% verified.

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GFEBS L410E Introduction to Financials
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questions and answers 100% verified.
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What cis ca creason ccode c- ccorrect canswer. c c cA cnumerical ccode cthat ccorresponds
cto cthe c
c
valid creasons cfor cposting ca
cJV
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Which corganization cserves cas cthe cArmy's ccentral cbank c- ccorrect canswer. c c cU.S.
cTreasury c
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Which cof cthe cfollowing cis/are csource csystem(s) cthat cuse clegacy cLines cof cAccounting
c(LOA) cdata cthat care cconverted cinto cGFEBS cLine cof cAccounting cdata? c- ccorrect

canswer. c c c

Both: cSTANFINS cand cSOMARDS care cboth csource csystems cthat cuse clegacy cLines cof
cAccounting c(LOA) cdata cthat care cconverted cinto cGFEBS cLine cof cAccounting cdata c
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Which cTrial cBalance cis csent cvia cinterface cto cthe cDDRS? c- ccorrect canswer. c c cThe
cTrial c
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Balance cw/defense creporting

celements
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Which cof cthe cfollowing cis cresponsible cfor cgenerating cthe cArmy's cexternal cfinancial
cstatements cand creports cat cthe cend cof ceach cperiod cbased con cthe ctrial cbalance cit

creceives cvia cinterface cfrom cGFEBS? c- ccorrect canswer. c c cThe cFinancial cReviewer c c

Defense cDepartmental cReporting cSystem c(DDRS) c
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Which cof cthe cfollowing cis cthe csub-process cthat ctakes cdata cposted cto cthe cGeneral
cLedger cand cstores cit cin ca cway cthat callows cmanagement cto canalyze ccosts cfrom c-

ccorrect canswer. c c cCost cManagement c(CM) ctakes cfinancial cdata cposted cto cthe

cGeneral cLedger cand cstores cit cin ca cway cthat cmakes cit cuseful cfor cmanagement. cCM

cfacilitates cinternal cmanagement caccounting cfunctions, cwhereas cthe cFI cmodule cis

cmore cconcerned cwith crecording cfinancial cdata cfor cexternal creporting cpurposes c
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Which crole clogs cinto cGFEBS cto ccreate cor cchange ca cGeneral cLedger cAccount? c-
ccorrect canswer. c c cThe cGeneral cLedger cMaster cData cMaintainer ccreates cor cchanges

ca cG/L caccount cwithin cGFEBS cafter cthe cGeneral cLedger cMaster cData cApprover

capproves cthe crequest. c
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The cYear-End cClose cprocess ccloses cthe cbooks, cclears coutstanding citems, creturns
cunused cappropriations cto cthe cTreasury, cand cprovides cthe cdata cnecessary cfor cfuture