Prepare with Oracle 1Z0-516 exam torrent, pass for sure
Last Updated: Sep 20, 2026
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Oracle 1Z0-516 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 General Ledger Essentials |
| Exam Number: | 1Z0-516 |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Passing Score: | 60% |
| Exam Duration: | 120 minutes |
| Real Exam Qty: | 64 |
| Related Certifications: | Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist Oracle General Ledger Certified Implementation Specialist |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Pearson VUE testing center or Oracle-authorized exam delivery platform. |
| Pre Condition: | Recommended for Oracle Partner Network members and implementation consultants with experience in Oracle E-Business Suite Financial Management modules. No mandatory prerequisite exam published. |
| Official Syllabus URL: | https://education.oracle.com/oracle-e-business-suite-r12-1-general-ledger-essentials/pexam_1Z0-516 |
Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| E-Business Essentials | - Fundamentals of Flexfields
|
| General Ledger | - Advanced Security
|
Oracle EBS R12.1 General Ledger Essentials Exam FAQ — Your Confidant
120 minutes for 64 questions. Whatever your level, daily timed practice with the Test4Sure material builds the pacing you need.
Upon successful payment, our system emails the Oracle EBS R12.1 General Ledger Essentials useful study vce automatically within about a minute — secure payment protection means no financial risks, and 24/7 help responds if nothing arrives within 2 hours. If you fail the corresponding 1Z0-516 exam within 60 days of purchase, we refund the full amount: send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. Or exchange for two equal-value products free.
Yes — have a thorough view of the free Oracle EBS R12.1 General Ledger Essentials demos for an experimental trial before purchasing. Purchases include 365 days of free updates by email, plus discounts on second purchases; renew afterward at 50% off.
The Oracle EBS R12.1 General Ledger Essentials is Oracle's certification exam for Other Oracle Certification, at the Professional level. In drastic competition, the certificate is an explicit demonstration of your knowledge. Related credentials include Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist, Oracle General Ledger Certified Implementation Specialist.
The Oracle EBS R12.1 General Ledger Essentials blueprint spans 2 domains — including E-Business Essentials, General Ledger. Progress domain by domain at your own level; the complete outline above lists every subtopic.
Recommended for Oracle Partner Network members and implementation consultants with experience in Oracle E-Business Suite Financial Management modules. No mandatory prerequisite exam published. Eligibility rules change over time, so verify the current requirements on the official page (official 1Z0-516 exam page) before registering.
Oracle EBS R12.1 General Ledger Essentials Sample Questions:
ABC Corp. has set up the Asset Category Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle information associated with the asset category "Vehicle." Identify two correct statements. (Choose two.)
- A. The Descriptive Flexfield attributes are associated with tables in the Oracle Assets module.
- B. The Asset Category Flexfield is owned by the Oracle Assets module.
- C. Only the Asset Category Key Flexfield is associated with tables in the Oracle Assets module.
- D. The setting up of the Descriptive Flexfield is mandatory.
Correct Answer: A,B 🗳️
A customer attempts to set up Subscription Ordering on their site using the steps outlined in the ABO Implementation Guide. The site has been previously set up with BOM Mapping for a specific model. Upon testing the Subscription Ordering functionality for this model, they notice that no values are populated in the Action Code Transaction Line level attribute when adding line items to their Transaction.
Which statement is true?
- A. They selected an incorrect function for the "BML Util Function" selection under BOM settings (Admin > BOM > Declare Util Function)
- B. They specified an incorrect site URL in the abo_initializeContext BML Util Library function (Admin > BML Library)
- C. They failed to incorporate conditionals to handle action code statuses in the formula for the Price (List) Transaction attribute (Admin > Process Definition > Formulas)
- D. They added an incorrect reverse mapping entry for the model in the Oracle_aboPart2Model table (Admin > Data Tables)
- E. They provided incorrect BOM Mapping values for the model in the BOM Item Definition and BOM Item Mapping tables (Admin > Data Tables)
Correct Answer: E 🗳️
XYZ Corporation has five segments in its accounting flexfield. For a special profit-and-loss report, they want to sort by the fourth segment, which is "product." Select the element that would meet this need.
- A. column set
- B. content set
- C. row set
- D. row order
Correct Answer: D 🗳️
Identify three features of a Value Set. (Choose three.)
- A. A Value Set is a definition of the values approved for entry by a particular Flexfield Segment.
- B. The same Value Set can be shared between different FlexFields.
- C. Value Sets control the values for many report parameters.
- D. Value Sets must contain a list of values.
- E. Value Sets are mandatory.
Correct Answer: A,B,C 🗳️
Identify the three reports that can be processed using the State Controller window. (Choose three.)
- A. Consolidation Audit
- B. Consolidation Balance Inquiry
- C. Consolidations Journal
- D. Consolidation Financial
- E. Consolidation Exceptions
Correct Answer: A,C,E 🗳️
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