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Oracle 1Z0-516 Certification Exam is designed for professionals who work with Oracle EBS R12.1 General Ledger Essentials. Oracle EBS R12.1 General Ledger Essentials certification will test your knowledge and skills in managing, implementing, and customizing the general ledger module within Oracle EBS. 1Z0-516 exam will consist of 70 multiple-choice questions to be completed within 105 minutes. Passing the Oracle 1Z0-516 Certification Exam will demonstrate your expertise in this specific area and provide you with an Oracle Certification that is recognized and valued globally.
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Oracle 1Z0-516 certification exam is an important tool for professionals who are looking to validate their expertise in the Oracle E-Business Suite R12.1 General Ledger. Candidates who pass 1Z0-516 exam will have demonstrated their knowledge and skills in areas such as creating and managing journals, managing budgets, and conducting period-end closing procedures. Oracle EBS R12.1 General Ledger Essentials certification can help individuals to advance their careers and increase their earning potential, as well as help companies to identify and hire qualified professionals.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Journal Processing | 20% | - Manage recurring and mass allocation journals - Create, review, and post journal entries - Handle journal reversals and approvals |
| Topic 2: E-Business Essentials | 20% | - Describe E-Business Suite architecture and shared entities - Explain Multi-Org fundamentals - Understand flexfields and Web ADI - Navigate R12 Oracle Applications |
| Topic 3: Budgeting, Reporting and Period Close | 20% | - Execute period-end and year-end closing - Set up and maintain budgets - Use summary accounts and balances - Generate financial reports |
| Topic 4: Multi-Currency and Consolidations | 15% | - Define and use multiple currencies - Translate and revalue balances - Perform consolidations and elimination sets |
| Topic 5: Accounting Setup and Security | 25% | - Create and manage chart of accounts - Implement data access security - Use Accounting Setup Manager - Define ledgers and ledger sets |
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