Oracle 1Z0-516 Q&A - in .pdf

  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Sep 13, 2026
  • Q & A: 180 Questions and Answers
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Oracle 1Z0-516 Q&A - Testing Engine

  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Sep 13, 2026
  • Q & A: 180 Questions and Answers
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About Oracle 1Z0-516 Exam

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Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 is a fundamental exam. Successful completion by candidates will allow them to achieve Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger status.

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 E-Business Essentials

The following will be discussed here:

  • Choose a responsibility
  • Access online Help
  • Shared Entities and Integration
  • Log in to Oracle Applications
  • Log out of Oracle Applications
  • Enter data using Forms
  • Create Favorites and set Preferences
  • Search for data using Forms
  • Run and monitor Reports and Programs
  • Explain shared entities within R12 E-Business Suite
  • Use Forms and Menus
  • Describe key integration points and business flows between products in E-Business Suite (EBS)
  • Navigate from Personal Home Page to Applications
  • Navigating in R12 Oracle Applications
  • E-business Essentials
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Budgeting

The following will be discussed here:

  • Explain the anatomy of a budget
  • Explain the components of budget accounting cycle
  • Define budget and budget organization
  • Transfer budget amounts
  • Use available Standard budget reports
  • Review balances in Master/Detail budgets
  • Financial Budgeting
  • Apply Budget Rules
  • Perform budget review and correction
  • Plan Budget implementation requirements
  • Explain Budget Entry methods
  • Translate budget balances
  • Create budgets with Budget Wizards

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

Oracle 1Z0-516 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Multi-Currency and Consolidations15%- Define and use multiple currencies
- Translate and revalue balances
- Perform consolidations and elimination sets
Topic 2: Journal Processing20%- Handle journal reversals and approvals
- Create, review, and post journal entries
- Manage recurring and mass allocation journals
Topic 3: E-Business Essentials20%- Explain Multi-Org fundamentals
- Describe E-Business Suite architecture and shared entities
- Navigate R12 Oracle Applications
- Understand flexfields and Web ADI
Topic 4: Budgeting, Reporting and Period Close20%- Use summary accounts and balances
- Execute period-end and year-end closing
- Generate financial reports
- Set up and maintain budgets
Topic 5: Accounting Setup and Security25%- Implement data access security
- Create and manage chart of accounts
- Use Accounting Setup Manager
- Define ledgers and ledger sets

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