GFEBS L412E Journal Entries Processing and Approval UPDATED Exam Questions and CORRECT Answers

GFEBS L412E Journal Entries Processing
and Approval UPDATED Exam Questions
and CORRECT Answers
A document date is the date on which the original document was issued and the date on which
the document is posted/saved to the system - CORRECT ANSWER - TRUE


A JV is created when it is necessary to make a current period adjustment during the Period-End
or Year-End Close activities. - CORRECT ANSWER - True



It is the responsibility of the Journal Voucher Reviewer to - CORRECT ANSWER - All of
the Above


A JV process provides more control over posting JVs and reduces the frequency and types of
transactions that will need to be adjusted and corrected during periodic processing. - CORRECT
ANSWER - True


A JV can be parked during input if completion is delayed or if additional information is required
before you can complete the document - CORRECT ANSWER - True


To reverse a JV that was posted previously to GFEBS, it is first necessary to make a request for
reversal. - CORRECT ANSWER - True


In which instance(s) would the Journal Voucher Approver reject a JV? - CORRECT
ANSWER - Both if funding is unavailable and if the JV is not reasonable or necessary


After the Journal Voucher Processor parks the JV as complete, the workflow is triggered, and the
JV is sent to the inbox of the appropriate Journal Voucher Reviewer - CORRECT
ANSWER - True