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This course trains FEMA employees and authorized contractors to post financial transactions to the Integrated Financial Management Information System (IFMIS).
It covers transactions such as commitments, obligations, invoices, expenditures, and reports, and requires participants to achieve a minimum passing score of 75% on final knowledge assessments to earn the IACET CEU.
The course objectives include understanding the organization, processes, and capabilities of IFMIS, accessing and navigating the system, completing transactions using FEMA and other Standard Forms, and describing the reporting capabilities of IFMIS.
FEMA IS-337: Posting Integrated Financial Management Information System Transactions Answers
| Question | Answer |
|---|---|
| Which of the following describes how IFMIS interfaces with other systems? | IFMIS allows for data to be shared between IFMIS subsystems and with other Agency systems |
| The default for the Expiration and Performance (To:) date fields is: | Six months from the current date/date of entry |
| After completing the data entry for the ACCS screen, you should: | Save the data entry |
| An appropriation by Congress is either: | Reimbursable or Non-reimbursable |
| In sequence (from highest to lowest), what are the steps in the “Funds Control Waterfall”? Allocation, Commitment, Obligation, __, and Invoice/Expenditure | Disbursement |
| What is the first step in the Payment Process? | Payment approval |
| When a Vendor or Employee File is deleted in IFMIS, it stays in the database in a/an __ state. | Inactive |
| When completing a vendor expenditure transaction, the status should be which of the following? | OPEN |
| Which report lists a transaction-by-transaction detail of all data entry referencing a specific allocation? | Use of Funds History Report |
| What is the default Document (Doc) Type for a Commitment transaction? | FF 146-0-2 (FF 40-1) |
| Which four-character code identifies the category of expenditure for an action? | Budget Object Class |
| When posting multiple ACCS lines where much of the data is the same, which steps can you take to eliminate re-keying duplicate data? | Use PREV and NEXT buttons and shortcut keys to copy/paste data |
| The first distribution of apportioned funds within FEMA are: | Apportionments |
| In order, the seven (7) fields that create the Account Classification Code Structure (ACCS) entry include: __ – Fund Code – Program- Organization – Project – BOC (Budget Object class) – D/R. | Sequence Number |
| Which of the five (5) major subsystems in IFMIS is used to record and maintain FEMA’s budgeted resource information? | General Ledger |
| An allocation is what level of funding? | The working, or program, level of funding within FEMA |
| Employees are identified by which of the following? | Employee Identification Number |
| Which entry is generated for the Transaction Code when you click VERIFY on the ACCS screen? | A system-generated code |
| The five (5) major subsystems in IFMIS are Funding, Cost Posting, Disbursements, Accounts Receivable and: | Accounts Payable |
| Which of the following statements is not correct regarding IFMIS reports? | Reports open in a new tab or window. |
| In the Commitment ID, W123456Y, the Y indicates: | The location code for the commitment |
| In which step does IFMIS issue the payment to the Department of the Treasury? | Step 3: Payment Schedule Process |
| To locate a menu option, or needed page, from the IFMIS Main Menu, you can click and expand folders and subfolders, or you can use the: | Find a Menu Item text box |
| After entering a Ref (reference number) and Ref Type (reference type), you will enter which field to populate the remaining ACCS fields? | ACCS |
| Which report would you run to list the obligations made against a commitment? | Cross Reference Report |
| Which transaction represents the liquidation of an obligation for payments made outside of IFMIS? | Vendor Invoice |
| If you do not have a Vendor ID to enter in the Vendor field, you can generally use which of the following to enter information to help you filter data from the database and select the correct entry? | Lookup Feature |
| Generally, IFMIS reports fall into (2) classifications: Funding and: | Disbursements |
| Which folder would you select from the IFMIS Main Menu to set a network printer, report options, or view a report file? | Environmental Utilities |
| To place a form, record, or document on hold for processing later, you would click which button on the main screen? | HOLD |
Sources
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