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Last Updated: Oct 03, 2026

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How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • No. of Questions: 80 Questions
  • Length of Exam: 150 min
  • Examination Fees: $250 USD
  • Types of questions: Performance Based Questions
  • Passing Score: 60% or higher

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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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12

The following will be discussed here:

  • Introduction to Oracle Applications R12
  • Basic Journal Entries
  • Describe how journal entries are positioned in the accounting cycle
  • Describe the different Journal Posting options
  • Explain Workflow concepts
  • Define Web ADI setup options for key flexfields
  • Describe R12 E-Business Suite architecture
  • Plan the key elements of Web Applications Desktop Integrator (Web ADI)
  • Identify the steps to implement a Flexfield
  • Define Key Flexfields
  • Describe the benefits of Workflow
  • Define value sets and values
  • Import journal entry information using the GL_INTERFACE table
  • Define Descriptive Flexfields
  • Describe the benefits of R12 E-Business Suite
  • Describe Flexfields and their components
  • Utilize Web ADI profile options, forms functions, menus, and responsibilities
  • Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
  • Explain the footprint of R12 E-Business Suite
  • Fundamentals of Workflow and Alerts
  • Fundamentals of Flexfields

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What is Implementation Essentials 1z0-516 Certification Exam and Retake policy

Oracle Cloud Certification credentials are valid for a period of 18 months from the date you earn the credential. The credential will become inactive at the end of 18 months. Oracle requires candidates to hold an active credential in order to access certain certification benefits including, without limitation, use of Oracle certification logos, e-Certificates, score reports, digital badges and certification verification.

All the candidates must wait 14 days before retaking a failed proctored exam. (Registration will be allowed on the 14th day). Candidates may not retake a passed exam at any time and may not retake a beta exam at any time. Also, candidates are only allowed 4 attempts to pass an exam in a 12-month period.

Get a sound understanding of Oracle E-Business Suite, including navigation, key business flows, functionality, and integration points between products. Smoothly implement and start using the applications, so that your organization can quickly realize the full value of Oracle E-Business Suite.

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Oracle 1Z0-516 Exam Syllabus Topics:

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