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

  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Jul 30, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Jul 30, 2026
  • Q & A: 180 Questions and Answers
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Oracle E-Business Suite is one of the most widely used enterprise resource planning (ERP) solutions in the world. It is used by organizations of all sizes and industries to manage their financials, supply chain, manufacturing, HR, and other business processes. The General Ledger module is at the heart of the Oracle EBS system, and it provides a comprehensive view of the financial transactions of an organization.

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

Oracle 1Z1-516 Exam Syllabus Topics:

SectionObjectives
E-Business Essentials- Fundamentals of Multi-Org
  • 1. Business Group and Operating Unit Concepts
  • 2. Enhanced Multi-Org Access Control
- Fundamentals of Flexfields
  • 1. Key Flexfields
  • 2. Descriptive Flexfields
- Shared Entities and Integration
  • 1. Integration Across Financial Modules
  • 2. Shared Data Model
- Introduction to Oracle Applications R12
  • 1. E-Business Suite Footprint and Components
  • 2. Oracle E-Business Suite Architecture and Navigation
General Ledger- Journal Processing
  • 1. Journal Approval and Posting
  • 2. Journal Entry Creation
  • 3. Recurring Journals
  • 4. Mass Allocations
- Accounting Setups
  • 1. Ledger Configuration
  • 2. Chart of Accounts Structure
  • 3. Currency Configuration
  • 4. Accounting Calendar Setup
- Financial Budgeting
  • 1. Budget Definition and Maintenance
  • 2. Budget Control and Analysis
- Financial Reporting
  • 1. Account Analysis and Inquiry
  • 2. General Ledger Reporting
  • 3. Financial Statement Generator
- Advanced Security
  • 1. Data Access Sets
  • 2. Ledger and Legal Entity Security
- Consolidations
  • 1. Ledger Consolidation Concepts
  • 2. Consolidation Processing

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