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?
Both
... [Show More] STANFINS and SOMARDS
The Year-End Close process closes the books, clears outstanding items, returns unused appropriations to the Treasury, and provides the data necessary for future budgeting and appropriation purposes.
False
Which of the following is not one of the files sent from DCAS to GFEBS on a daily basis?
The 1081 Correction File
The Period-End Closing Process is a set of activities carried out at the end of a period to close/open posting periods and ensure that the Army's General Fund General Ledger accurately reflects the financial status of the Army.
True
Users from which business process area can submit a request to the General Ledger Master Data Approver to create, modify, or block a General Ledger account?
Cost Management Spending Chain
A Journal Voucher is a document that is most often prepared for the _________ and ___________ processes.
Period-End Close, Year-End Close
The Journal Voucher Upload Program is typically used to upload a large number of Journal Vouchers with multiple line items.
True
Which of the following are Year-End Close Preparation Activities?
All of the above
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 an internal perspective?
Cost Management
Financials is the business process area in GFEBS responsible for managing the General Ledger
True
The Period-End Close Process ensures that all data belonging to a period is determined and finalized and that data is available for financial reporting and management purposes
True
Which Trial Balance is sent via interface to the DDRS?
Trial Balance with Defense Reporting Elements
_______ approves 1081 corrections to be sent to DCAS via the DCAS Outbound Interface.
The Payment Interface Processing Monitor
Which organization serves as the Army's central bank?
US Treasury
Which of the following business process areas interacts with GFEBS General Ledger Financials?
All of the above [Show Less]