GFEBS Essentials Latest 2026/2027 Rated A (6pages)

Which of the following is an example of a legacy environment deficiency? ✔✔All of the above GFEBS supports all the following DoD Business Architecture except: ✔✔Installations and Environment GFEBS replaced approximately _______ of the legacy financial, overlapping and redundant systems. ✔✔80% GFEBS is a product of a _______ mandate to provide the Army and DoD with relevant, reliable and timely financial information. ✔✔Congressional What does the term ERP stand for? ✔✔Enterprise Resource Planning An advantage of the GFEBS ERP is that the system is web- based ✔✔True An ERP system reduces errors through the use of a shared database between business process areas. ✔✔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. ✔✔True With the implementation of GFEBS for Real Property, functionality was subsumed into a single financial solution. ✔✔True A benefit of GFEBS is that the different process areas are independent to maintain data integrity. ✔✔False Which of the following are business process areas within GFEBS? ✔✔All of the above In GFEBS, the Reimbursables business process area encompasses the tracking of real property. ✔✔False Which of the following business process areas performs funds analysis and budgetary accounting? ✔✔Funds Management In GFEBS, the business process areas are linear and do not integrate with one another. ✔✔False Once data is entered into the GFEBS system, it is stored in a common database in real-time ✔✔True Which of the following is defined as a major grouping of activities that reflect a specific aspect of an end user's job? ✔✔Role A person cannot be assigned more than one role, and a role cannot be assigned to more than one person. ✔✔False What information is centrally stored and maintained that is shared across business process areas? ✔✔Master Data Which of the following is located at the very top of the screen and dynamically changes based upon the user's assigned roles: ✔✔Portal toolbar Upon receiving a Warning Message, how do you proceed? ✔✔Acknowledge the message by pressing Enter on your keyboard