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Exam Code: 1Z0-516
Exam Name: Oracle EBS R12.1 General Ledger Essentials
Updated: Sep 01, 2026
Q & A: 180 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Accounting Setup and Security | 25% | - Create and manage chart of accounts - Define ledgers and ledger sets - Implement data access security - Use Accounting Setup Manager |
| E-Business Essentials | 20% | - Navigate R12 Oracle Applications - Understand flexfields and Web ADI - Describe E-Business Suite architecture and shared entities - Explain Multi-Org fundamentals |
| Budgeting, Reporting and Period Close | 20% | - Set up and maintain budgets - Use summary accounts and balances - Generate financial reports - Execute period-end and year-end closing |
| Multi-Currency and Consolidations | 15% | - Define and use multiple currencies - Perform consolidations and elimination sets - Translate and revalue balances |
| Journal Processing | 20% | - Manage recurring and mass allocation journals - Create, review, and post journal entries - Handle journal reversals and approvals |
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