GFEBS L410E Introduction to
Financials Exam Questions and
Answers 100% PASS
What is a reason code—ANSWER--A numerical code that corresponds to the valid reasons
for posting a JV
Which organization serves as the Army's central bank—ANSWER--U.S. Treasury
Which of the following is/are source system(s) that use legacy Lines of Accounting (LOA) data
that are converted into GFEBS Line of Accounting data?—ANSWER--Both: STANFINS and
SOMARDS are both source systems that use legacy Lines of Accounting (LOA) data that are
converted into GFEBS Line of Accounting data
Which Trial Balance is sent via interface to the DDRS?—ANSWER--The Trial Balance
w/defense reporting elements
Which of the following is responsible for generating the Army's external financial statements
and reports at the end of each period based on the trial balance it receives via interface
from GFEBS?—ANSWER--The Financial Reviewer
Defense Departmental Reporting System (DDRS)
Which of the following is the sub-process that takes data posted to the General Ledger and
stores it in a way that allows management to analyze costs from—ANSWER--Cost
Financials Exam Questions and
Answers 100% PASS
What is a reason code—ANSWER--A numerical code that corresponds to the valid reasons
for posting a JV
Which organization serves as the Army's central bank—ANSWER--U.S. Treasury
Which of the following is/are source system(s) that use legacy Lines of Accounting (LOA) data
that are converted into GFEBS Line of Accounting data?—ANSWER--Both: STANFINS and
SOMARDS are both source systems that use legacy Lines of Accounting (LOA) data that are
converted into GFEBS Line of Accounting data
Which Trial Balance is sent via interface to the DDRS?—ANSWER--The Trial Balance
w/defense reporting elements
Which of the following is responsible for generating the Army's external financial statements
and reports at the end of each period based on the trial balance it receives via interface
from GFEBS?—ANSWER--The Financial Reviewer
Defense Departmental Reporting System (DDRS)
Which of the following is the sub-process that takes data posted to the General Ledger and
stores it in a way that allows management to analyze costs from—ANSWER--Cost
