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1Z0-516 exam dumps

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  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • No. of Questions: 180 Questions and Answers
  • Updated: Sep 13, 2026

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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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How to Prepare For Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Preparation Guide for Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Introduction

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.

This certification is for:

  • Administrators
  • Implementers
  • Business Users

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  • United State - 151,682 USD
  • India - 6,71,117 INR
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  • Europe - 100,440 EURO

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Oracle 1Z0-516 Exam Syllabus Topics:

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

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