GFEBS L412E Journal Entries
Processing and Approval Exam
Questions and Answers 100%
PASS
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—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.—ANSWER--True
It is the responsibility of the Journal Voucher Reviewer to—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.—
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—ANSWER--True
To reverse a JV that was posted previously to GFEBS, it is first necessary to make a request
for reversal.—ANSWER--True
Processing and Approval Exam
Questions and Answers 100%
PASS
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—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.—ANSWER--True
It is the responsibility of the Journal Voucher Reviewer to—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.—
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—ANSWER--True
To reverse a JV that was posted previously to GFEBS, it is first necessary to make a request
for reversal.—ANSWER--True
