Oracle 1Z1-516 Q&A - in .pdf

  • 1Z1-516 pdf
  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Sep 03, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
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  • Updated: Sep 03, 2026
  • Q & A: 180 Questions and Answers
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Oracle 1Z1-516 Q&A - Testing Engine

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  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Sep 03, 2026
  • Q & A: 180 Questions and Answers
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How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

  • Examination Fees: $250 USD
  • Length of Exam: 150 min
  • No. of Questions: 80 Questions
  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • Types of questions: Performance Based Questions
  • Passing Score: 60% or higher

Who should take the Oracle Planning 2020 Implementation Essentials 1z0-516

This certification is for:

  • Administrators
  • Business Users
  • Implementers

The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification will help you build a functional foundation in E-Business Essentials. Certify your ability to access and navigate the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help to give yourself an edge against other candidates in the job market.

You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.

The Planning Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge and expertise in implementing Enterprise Performance Management and Planning solutions. Individuals with this certification can set up and configure security, set up a Planning business process, and configure the Financials, Workforce, Capital, and Projects modules, and design Reports and Documents.

This certification is available to all candidates.

It's geared toward members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam targets the intermediate-level implementation team member. Up-to-date training and field experience are recommended.

Oracle 1Z1-516 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Describe the types of organizations supported in the Multi-Org model
  • Explain the concepts of subledger accounting
Topic 2
  • Identify the steps to implement a Flexfield
  • Run and monitor Reports and Programs
Topic 3
  • Identify key implementation considerations for Multi-Org
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
Topic 4
  • Describe the different Journal Posting options
  • Navigating in R12 Oracle Applications
  • Describe R12 E-Business Suite architecture
Topic 5
  • Describe how journal entries are positioned in the accounting cycle
  • Translate functional balances into foreign currency
Topic 6
  • Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
  • Create Favorites and set Preferences
Topic 7
  • Define Web ADI setup options for key flexfields
  • Explain shared entities within R12 E-Business Suite
Topic 8
  • Manage Data Access Security for Legal Entities and Ledgers
  • Describe the important elements for creating a Chart of Accounts structure
Topic 9
  • Explain Enhanced Multiple-Organization Reporting
  • Explain the footprint of R12 E-Business Suite

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

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

The following will be discussed here:

  • Determine how Summary Templates are used
  • Explain the Period Closing Process and Reports
  • Perform journal import of subledger balances
  • Perform key steps in the close process
  • Describe key issues and considerations when implementing Advanced Journal Entry
  • Consolidate account balances
  • Define How Parent Values/ Rollup Groups are used in General Ledger
  • Perform Subledger Reconciliation
  • Explain summary accounts and how they are used in General Ledger
  • Describe the Journal Scheduling process
  • Explain AutoScheduling
  • Use Budgetary Control & maintain Summary accounts
  • Explain the accounting cycle
  • Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
  • Period Close
  • Summary Accounts
  • Plan and maintain Summary Account structures

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