Which statement is true about the availability of important project systems reports in GFEBS?

The correct answer highlights that some reports are only available in the Business Intelligence (BI) module. In GFEBS, while many reports can be accessed through the Enterprise Central Component (ECC), the BI module offers additional reporting capabilities that are not present in ECC. These BI reports often provide more advanced analytics, visualizations, and a broader range of data integration, which enhances decision-making and project management processes.

In contrast to this statement, it is important to note that not all reports are confined to a single location; thus, asserting that all reports are found only in ECC does not accurately reflect the system's full reporting landscape. The option about reports being unable to be viewed on screen is misleading because many reports do allow for on-screen viewing in various formats. Additionally, restricting reports solely to financial data overlooks the rich variety of project-related information that includes performance metrics, timelines, and resource utilization, illustrating that reports can encompass more than just financial data.