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The Oracle EBS R12.1 General Ledger Essentials certification exam is available online and can be taken at any time. 1Z0-516 exam consists of 80 multiple-choice questions that must be answered within 120 minutes. The passing score for the exam is 60%. Candidates who pass the exam will receive an official certification from Oracle, which can be used to demonstrate their expertise in Oracle EBS R12.1 General Ledger.
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To take the Oracle 1Z0-516 (Oracle EBS R12.1 General Ledger Essentials) Certification Exam, candidates should have a strong understanding of accounting principles and practices. They should also have experience working with Oracle E-Business Suite R12.1 General Ledger. 1Z0-516 exam consists of 80 multiple-choice questions and has a time limit of 120 minutes. The passing score for 1Z0-516 exam is 60%. Upon passing the exam, candidates will be recognized as Oracle Certified Professionals and will be able to demonstrate their expertise in Oracle EBS R12.1 General Ledger. Oracle EBS R12.1 General Ledger Essentials certification is highly valued in the industry and can lead to career advancement opportunities.
Oracle 1Z0-516 certification exam is a computer-based test that is administered by Pearson VUE. 1Z0-516 exam consists of 80 multiple-choice questions that must be completed within a time frame of 150 minutes. The passing score for 1Z0-516 exam is 60%, and candidates who pass the exam will receive the Oracle EBS R12.1 General Ledger Essentials certification.
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| Section | Weight | Objectives |
|---|---|---|
| Accounting Setup and Security | 25% | - Define ledgers and ledger sets - Implement data access security - Create and manage chart of accounts - Use Accounting Setup Manager |
| 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 |
| E-Business Essentials | 20% | - Explain Multi-Org fundamentals - Understand flexfields and Web ADI - Navigate R12 Oracle Applications - Describe E-Business Suite architecture and shared entities |
| Journal Processing | 20% | - Create, review, and post journal entries - Handle journal reversals and approvals - Manage recurring and mass allocation journals |
| Multi-Currency and Consolidations | 15% | - Define and use multiple currencies - Translate and revalue balances - Perform consolidations and elimination sets |
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