GFEBS Essentials Exam Questions With
Correct Answers
Which |of |the |following |is |an |example |of |a |legacy |environment |deficiency? |- |CORRECT |
ANSWER✔✔-All |of |the |above
GFEBS |supports |all |the |following |DoD |Business |Architecture |except: |- |CORRECT |ANSWER✔✔-
Installations |and |Environment
GFEBS |replaced |approximately |_______ |of |the |legacy |financial, |overlapping |and |redundant |
systems. |- |CORRECT |ANSWER✔✔-80%
GFEBS |is |a |product |of |a |_______ |mandate |to |provide |the |Army |and |DoD |with |relevant, |
reliable |and |timely |financial |information. |- |CORRECT |ANSWER✔✔-Congressional
What |does |the |term |ERP |stand |for? |- |CORRECT |ANSWER✔✔-Enterprise |Resource |Planning
An |advantage |of |the |GFEBS |ERP |is |that |the |system |is |web- |based |- |CORRECT |ANSWER✔✔-True
An |ERP |system |reduces |errors |through |the |use |of |a |shared |database |between |business |
process |areas. |- |CORRECT |ANSWER✔✔-True
A |benefit |of |PP&E |is |that |it |standardizes |maintenance |processes, |which |allows |the |DPW |
community |to |identify |best |practices |and |apply |them |consistently. |- |CORRECT |ANSWER✔✔-
True
, With |the |implementation |of |GFEBS |for |Real |Property, |functionality |was |subsumed |into |a |single
|financial |solution. |- |CORRECT |ANSWER✔✔-True
A |benefit |of |GFEBS |is |that |the |different |process |areas |are |independent |to |maintain |data |
integrity. |- |CORRECT |ANSWER✔✔-False
Which |of |the |following |are |business |process |areas |within |GFEBS? |- |CORRECT |ANSWER✔✔-All |
of |the |above
In |GFEBS, |the |Reimbursables |business |process |area |encompasses |the |tracking |of |real |property.
|- |CORRECT |ANSWER✔✔-False
Which |of |the |following |business |process |areas |performs |funds |analysis |and |budgetary |
accounting? |- |CORRECT |ANSWER✔✔-Funds |Management
In |GFEBS, |the |business |process |areas |are |linear |and |do |not |integrate |with |one |another. |- |
CORRECT |ANSWER✔✔-False
Once |data |is |entered |into |the |GFEBS |system, |it |is |stored |in |a |common |database |in |real-time |- |
CORRECT |ANSWER✔✔-True
Which |of |the |following |is |defined |as |a |major |grouping |of |activities |that |reflect |a |specific |
aspect |of |an |end |user's |job? |- |CORRECT |ANSWER✔✔-Role
A |person |cannot |be |assigned |more |than |one |role, |and |a |role |cannot |be |assigned |to |more |than
|one |person. |- |CORRECT |ANSWER✔✔-False
What |information |is |centrally |stored |and |maintained |that |is |shared |across |business |process |
areas? |- |CORRECT |ANSWER✔✔-Master |Data
Correct Answers
Which |of |the |following |is |an |example |of |a |legacy |environment |deficiency? |- |CORRECT |
ANSWER✔✔-All |of |the |above
GFEBS |supports |all |the |following |DoD |Business |Architecture |except: |- |CORRECT |ANSWER✔✔-
Installations |and |Environment
GFEBS |replaced |approximately |_______ |of |the |legacy |financial, |overlapping |and |redundant |
systems. |- |CORRECT |ANSWER✔✔-80%
GFEBS |is |a |product |of |a |_______ |mandate |to |provide |the |Army |and |DoD |with |relevant, |
reliable |and |timely |financial |information. |- |CORRECT |ANSWER✔✔-Congressional
What |does |the |term |ERP |stand |for? |- |CORRECT |ANSWER✔✔-Enterprise |Resource |Planning
An |advantage |of |the |GFEBS |ERP |is |that |the |system |is |web- |based |- |CORRECT |ANSWER✔✔-True
An |ERP |system |reduces |errors |through |the |use |of |a |shared |database |between |business |
process |areas. |- |CORRECT |ANSWER✔✔-True
A |benefit |of |PP&E |is |that |it |standardizes |maintenance |processes, |which |allows |the |DPW |
community |to |identify |best |practices |and |apply |them |consistently. |- |CORRECT |ANSWER✔✔-
True
, With |the |implementation |of |GFEBS |for |Real |Property, |functionality |was |subsumed |into |a |single
|financial |solution. |- |CORRECT |ANSWER✔✔-True
A |benefit |of |GFEBS |is |that |the |different |process |areas |are |independent |to |maintain |data |
integrity. |- |CORRECT |ANSWER✔✔-False
Which |of |the |following |are |business |process |areas |within |GFEBS? |- |CORRECT |ANSWER✔✔-All |
of |the |above
In |GFEBS, |the |Reimbursables |business |process |area |encompasses |the |tracking |of |real |property.
|- |CORRECT |ANSWER✔✔-False
Which |of |the |following |business |process |areas |performs |funds |analysis |and |budgetary |
accounting? |- |CORRECT |ANSWER✔✔-Funds |Management
In |GFEBS, |the |business |process |areas |are |linear |and |do |not |integrate |with |one |another. |- |
CORRECT |ANSWER✔✔-False
Once |data |is |entered |into |the |GFEBS |system, |it |is |stored |in |a |common |database |in |real-time |- |
CORRECT |ANSWER✔✔-True
Which |of |the |following |is |defined |as |a |major |grouping |of |activities |that |reflect |a |specific |
aspect |of |an |end |user's |job? |- |CORRECT |ANSWER✔✔-Role
A |person |cannot |be |assigned |more |than |one |role, |and |a |role |cannot |be |assigned |to |more |than
|one |person. |- |CORRECT |ANSWER✔✔-False
What |information |is |centrally |stored |and |maintained |that |is |shared |across |business |process |
areas? |- |CORRECT |ANSWER✔✔-Master |Data
