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GFEBS L432E Cost Collection and Allocation Questions and Answers Rated A
GFEBS L432E Cost Collection and Allocation Questions and Answers Rated A What are the attributes of a cost center - Answer ️️ -All of the above. Cost Collection and Allocation are key components of Cost Management because they - Answer ️️ -Link fund expenditure data with functional and operational data. The first step in the Cost Management process is to - Answer ️️ -Create Master Data Elements Internal orders are cost collectors used to plan, collect, monitor, and settle the c...
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GFEBS L432E Cost Collection and Allocation Questions and Answers Rated A What are the attributes of a cost center - Answer ️️ -All of the above. Cost Collection and Allocation are key components of Cost Management because they - Answer ️️ -Link fund expenditure data with functional and operational data. The first step in the Cost Management process is to - Answer ️️ -Create Master Data Elements Internal orders are cost collectors used to plan, collect, monitor, and settle the c...
GFEBS Essentials BI Reporting (Subsumes L305E) Already Passed
GFEBS Essentials BI Reporting (Subsumes L305E) Already Passed Which of the following is correct when replacing a report characteristic on the BEx report with a free characteristic from the navigation panel? - Answer ️️ -*Click and drag the free characteristic over the report column heading. A BEx report consists of how many panels? - Answer ️️ -1 *3 The BEx report workspace panel is an interactive panel where report data is displayed as a table, chart or both a table and chart - A...
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GFEBS Essentials BI Reporting (Subsumes L305E) Already Passed Which of the following is correct when replacing a report characteristic on the BEx report with a free characteristic from the navigation panel? - Answer ️️ -*Click and drag the free characteristic over the report column heading. A BEx report consists of how many panels? - Answer ️️ -1 *3 The BEx report workspace panel is an interactive panel where report data is displayed as a table, chart or both a table and chart - A...
GFEBS L230E Cost Management Process Overview 100% Solved
GFEBS L230E Cost Management Process Overview 100% Solved Direct Cost - Answer ️️ -A cost such as labor, materials, or supplies that can be traced directly to producing a specific output of an organization, product, and service Indirect Cost - Answer ️️ -A cost that cannot be traced directly to a specific organization, product, and/or service output They often are allocated on a predetermined basis and generally are synonymous with overhead costs such as general and administrative e...
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GFEBS L230E Cost Management Process Overview 100% Solved Direct Cost - Answer ️️ -A cost such as labor, materials, or supplies that can be traced directly to producing a specific output of an organization, product, and service Indirect Cost - Answer ️️ -A cost that cannot be traced directly to a specific organization, product, and/or service output They often are allocated on a predetermined basis and generally are synonymous with overhead costs such as general and administrative e...
GFEBS Business Process Areas Already Passed
GFEBS Business Process Areas Already Passed Funds Management - Answer ️️ -Within GFEBS, the Funds Management (FM) business processing function performs the budgeting and funds control for General Fund appropriations received by the Army. The major purposes of Funds Management include: •Distributing, allocating and executing funds •Ensuring that funds are not over-committed •Allowing the Army to perform strategic planning FM integrates primarily with the Financials (FI), Reimbur...
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GFEBS Business Process Areas Already Passed Funds Management - Answer ️️ -Within GFEBS, the Funds Management (FM) business processing function performs the budgeting and funds control for General Fund appropriations received by the Army. The major purposes of Funds Management include: •Distributing, allocating and executing funds •Ensuring that funds are not over-committed •Allowing the Army to perform strategic planning FM integrates primarily with the Financials (FI), Reimbur...
GFEBS L251E Accounts Payable Process Overview
GFEBS L251E Accounts Payable Process Overview - Answer ️️ -any person including employees or org that provides goos or services to the army and must be paid Invoice - Answer ️️ -commercial doc that a seller issures to a buyer. the invoice indicates the products, qty, and agreed upon pricwes for products or services that the seller has already provided the buyer Electronic Funds Transfer (EFT - Answer ️️ -payment method that provides automatic electronic transferral of funds bo...
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GFEBS L251E Accounts Payable Process Overview - Answer ️️ -any person including employees or org that provides goos or services to the army and must be paid Invoice - Answer ️️ -commercial doc that a seller issures to a buyer. the invoice indicates the products, qty, and agreed upon pricwes for products or services that the seller has already provided the buyer Electronic Funds Transfer (EFT - Answer ️️ -payment method that provides automatic electronic transferral of funds bo...
GFEBS L210E Financials Process Overview Graded A
GFEBS L210E Financials Process Overview Graded A a jv is created when it is necessary to - Answer ️️ -request adjustment of accounting entries transfer funds from one gl account to another Reconciling the Army's cash account with the U.S. Treasury is a critical aspect of maintaining the Army's General Fund GL and fund balance with the U.S. Treasury - Answer ️️ -true Which of the options below provides a uniform COA and technical guidance to be used in standardizing federal agency...
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GFEBS L210E Financials Process Overview Graded A a jv is created when it is necessary to - Answer ️️ -request adjustment of accounting entries transfer funds from one gl account to another Reconciling the Army's cash account with the U.S. Treasury is a critical aspect of maintaining the Army's General Fund GL and fund balance with the U.S. Treasury - Answer ️️ -true Which of the options below provides a uniform COA and technical guidance to be used in standardizing federal agency...
GFEBS Spending Chain - Government Purchase Card Questions and Answers
GFEBS Spending Chain - Government Purchase Card Questions and Answers An invoice cannot be unblocked if the Managing Account on an EDI-821 and the EDI 810 _____ are different - Answer ️️ -Invoice Which account assignment is used specifically for AXOL Rebates? - Answer ️️ -R Which of the following is a government approved acquisition method that allows approved cardholders to make purchases? - Answer ️️ -Purchase card If the GPC purchase exceeds the obligation amount, what must...
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GFEBS Spending Chain - Government Purchase Card Questions and Answers An invoice cannot be unblocked if the Managing Account on an EDI-821 and the EDI 810 _____ are different - Answer ️️ -Invoice Which account assignment is used specifically for AXOL Rebates? - Answer ️️ -R Which of the following is a government approved acquisition method that allows approved cardholders to make purchases? - Answer ️️ -Purchase card If the GPC purchase exceeds the obligation amount, what must...
GFEBS Spending Chain - Purchase Order Questions and Answers
GFEBS Spending Chain - Purchase Order Questions and Answers When creating a Purchase Order, which flow process is used for SPS? - Answer ️️ -Purchase Requisition - Fund Certification - Contracting - Purchase Order Transactions which run reports and analyzing POs include ____. - Answer ️️ -ME5A A funds commitment document does not require a _____. - Answer ️️ -Goods receipt Which of the following is a method of charging goods and/or services to a specific cost object? - Answer ...
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GFEBS Spending Chain - Purchase Order Questions and Answers When creating a Purchase Order, which flow process is used for SPS? - Answer ️️ -Purchase Requisition - Fund Certification - Contracting - Purchase Order Transactions which run reports and analyzing POs include ____. - Answer ️️ -ME5A A funds commitment document does not require a _____. - Answer ️️ -Goods receipt Which of the following is a method of charging goods and/or services to a specific cost object? - Answer ...
GFEBS Essentials BI Reporting (Subsumes L305E) 2024 Update Rated A
GFEBS Essentials BI Reporting (Subsumes L305E) 2024 Update Rated A Which of the following is correct when replacing a report characteristic on the BEx report with a free characteristic from the navigation panel? - Answer ️️ -*Click and drag the free characteristic over the report column heading. A BEx report consists of how many panels? - Answer ️️ -1 *3 The BEx report workspace panel is an interactive panel where report data is displayed as a table, chart or both a table and char...
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GFEBS Essentials BI Reporting (Subsumes L305E) 2024 Update Rated A Which of the following is correct when replacing a report characteristic on the BEx report with a free characteristic from the navigation panel? - Answer ️️ -*Click and drag the free characteristic over the report column heading. A BEx report consists of how many panels? - Answer ️️ -1 *3 The BEx report workspace panel is an interactive panel where report data is displayed as a table, chart or both a table and char...
GFEBS Essentials Exam 2024 Already Passed
GFEBS Essentials Exam 2024 Already Passed Accumulates and records all elements of cost i.e. full cost incurred to accomplish an objective - Answer ️️ -Cost Accounting Uses cost products for "Best value" and 'best practices" actions - Answer ️️ -Cost Controlling Acquires and integrates functional outcome data with cost data. Produce valid and verifiable information - Answer ️️ -Cost Analysis Uses cost products for "should-cost" to make informed decisions - Answer ️️ -C...
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GFEBS Essentials Exam 2024 Already Passed Accumulates and records all elements of cost i.e. full cost incurred to accomplish an objective - Answer ️️ -Cost Accounting Uses cost products for "Best value" and 'best practices" actions - Answer ️️ -Cost Controlling Acquires and integrates functional outcome data with cost data. Produce valid and verifiable information - Answer ️️ -Cost Analysis Uses cost products for "should-cost" to make informed decisions - Answer ️️ -C...
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