Oracle 1Z0-516 Exam Details & Actual Exam Questions

  • Exam Code/Number: 1Z0-516
  • Exam Name/Title: Oracle EBS R12.1 General Ledger Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Other Oracle Certification
  • Exam Questions: 180
  • Updated On: Oct,09 2026
  • Certification Level: Professional

Oracle EBS R12.1 General Ledger Essentials Exam Questions

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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
Related Certifications:Oracle E-Business Suite R12 Financials
Available Languages:English
Exam Format:Multiple Choice Questions
Exam Duration:120 minutes
Recommended Training:Oracle E-Business Suite Financials Training
Exam Registration:Oracle Certification Registration
Sample Questions:Oracle 1Z0-516 Sample Questions
Exam Way:Computer-based proctored exam (online or test center depending on Oracle testing provider)
Pre Condition:Recommended familiarity with Oracle E-Business Suite Financials and basic accounting principles.
Official Syllabus URL:https://education.oracle.com

Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Reporting- Standard Reports
  • 1. Financial statements
    • 2. Trial balance reports
      - Reporting Tools
      • 1. Ad hoc reporting
        • 2. Financial Statement Generator (FSG)
          Topic 2: Account Management- Budgeting
          • 1. Budget creation and maintenance
            • 2. Budgetary control
              - Account Reconciliation
              • 1. Clearing accounts
                • 2. Reconciliation processes
                  Topic 3: General Ledger Setup- Chart of Accounts
                  • 1. Value sets and flexfields
                    • 2. Segment structure design
                      - Ledger Configuration
                      • 1. Accounting calendar definition
                        • 2. Ledger creation and structure setup
                          Topic 4: Period Close Process- Month-End Closing
                          • 1. Adjusting entries
                            • 2. Period close activities
                              Topic 5: Journal Processing- Journal Approval and Posting
                              • 1. Approval workflows
                                • 2. Posting processes
                                  - Journal Entry Management
                                  • 1. Manual journal entries
                                    • 2. Recurring journals


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