Oracle 1Z0-516 Exam Topics

Oracle 1Z0-516 Exam

Oracle E-Business Suite R12.1 General Ledger Essentials

Total Questions: 180

Last Updated : 08-04-2024

What is Included in the Oracle 1Z0-516 Exam?

Authentic information about the syllabus is essential to go through the Oracle 1Z0-516 exam in the first attempt. Study4Exam provides you with comprehensive information about Oracle 1Z0-516 exam topics listed in the official syllabus. You should get this information at the start of your preparation because it helps you make an effective study plan. We have designed this Oracle certification exam preparation guide to give the exam overview, practice questions, practice test, prerequisites, and information about exam topics that help to go through the Oracle E-Business Suite R12.1 General Ledger Essentials exam. We recommend you use our preparation material to cover the entire Oracle 1Z0-516 exam syllabus. Study4Exam offers 3 formats of Oracle 1Z0-516 exam preparation material. Each format provides new practice questions in PDF format, web-based and desktop practice exams to get passing marks in the first attempt.

Oracle 1Z0-516 Exam Overview :

Exam Name	Oracle E-Business Suite R12.1 General Ledger Essentials
Exam Code	1Z0-516
Actual Exam Duration	150 minutes
Expected no. of Questions in Actual Exam	80
Exam Registration Price	$250
Official Information	https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516
See Expected Questions	Oracle 1Z0-516 Expected Questions in Actual Exam
Take Self-Assessment	Use Oracle 1Z0-516 Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure

Oracle 1Z0-516 Exam Topics :

Section	Objectives
Navigating in R12 Oracle Applications	Log in to Oracle Applications Navigate from Personal Home Page to Applications Choose a responsibility Create Favorites and set Preferences Use Forms and Menus Enter data using Forms Search for data using Forms Access online Help Run and monitor Reports and Programs Log out of Oracle Applications
Introduction to Oracle Applications R12	Explain the footprint of R12 E-Business Suite Describe the benefits of R12 E-Business Suite Describe R12 E-Business Suite architecture
Shared Entities and Integration	Explain shared entities within R12 E-Business Suite Describe key integration points and business flows between products in E-Business Suite (EBS) Identify Key Business Flows and products involved in E-Business Suite (EBS)
Fundamentals of Flexfields	Describe Flexfields and their components Identify the steps to implement a Flexfield Define value sets and values Define Key Flexfields Define Descriptive Flexfields
Fundamentals of Multi-Org	Define Multiple Organization (Multi-Org) Describe the types of organizations supported in the Multi-Org model Explain the entities of Multi-Org Explain how Multi-Org secures data Identify key implementation considerations for Multi-Org Define Multi-Org Access Control Explain Multi-Org preferences Explain Enhanced Multiple-Organization Reporting Explain the concepts of subledger accounting
Fundamentals of Workflow and Alerts	Explain Workflow concepts Describe the benefits of Workflow
Oracle General Ledger Process	Identify the steps required to complete the accounting cycle using Oracle General Ledger Describe how Oracle General Ledger integrates with other Oracle eBusiness applications Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
Basic Journal Entries	Describe how journal entries are positioned in the accounting cycle Describe the different Journal Posting options Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications Import journal entry information using the GL_INTERFACE table Plan the key elements of Web Applications Desktop Integrator (Web ADI) Define Web ADI setup options for key flexfields Utilize Web ADI profile options, forms functions, menus, and responsibilities
Advanced Security	Manage Data Access Security for Legal Entities and Ledgers Explain key Advanced Security setups and process Manage Data Access Sets Control security of Management Reporting
Multi-Currency	Explain Multi-Currency concepts Use Currency Rate Manager Perform Foreign currency journals Entry Perform Revaluation of foreign currency balances Translate functional balances into foreign currency Describe overview of Secondary Tracking Segment Use Foreign Currency Reports
Financial Reporting	Explain the positioning of Financial Reporting within the Oracle General Ledger business flow Build basic reports Use key elements of the Financial Statement Generator (FSG) for creating financial reports Use Standard listing reports available for FSG report definitions Create FSG Reports with XML Publisher Use Web ADI for Financial Reporting Explain key implementation issues regarding Oracle General Ledger financial reporting
Accounting Setup Manager	Describe the components of Ledger Processing options Describe Secondary Ledgers & Reporting Currencies Describe Accounting Setup considerations with one legal entity Describe Accounting Setup considerations with multiple legal entities Describe Accounting Setup considerations with no legal entities
Accounting Setups	Create Accounting Setups Describe the various Subledger Accounting Options Perform the Primary Ledger Setup steps Describe Ledger Balancing Segment Value Assignments Perform the Secondary Ledger Setup steps Complete Accounting Setup
Advanced Journal Entries	Create Recurring Journals Formulate Mass Allocation Journals Describe AutoAllocations and related implementation considerations Explain AutoScheduling Describe the Journal Scheduling process Describe key issues and considerations when implementing Advanced Journal Entry Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
Consolidations	Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow Identify the key implementation issues regarding consolidations Use the features and functionality of Global Consolidation System (GCS) Use the elements of the Consolidation Workbench Create eliminating entries Use Standard reports and inquiry options available for consolidations Ledger Describe the elements required to create a ledger within Oracle General Ledger Describe the basic components of Accounting Setup Describe the important elements for creating a Chart of Accounts structure Creating a new Accounting Flexfield structure Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
Summary Accounts	Explain summary accounts and how they are used in General Ledger Define How Parent Values/ Rollup Groups are used in General Ledger Determine how Summary Templates are used Use Budgetary Control & maintain Summary accounts Plan and maintain Summary Account structures
Financial Budgeting	Explain the anatomy of a budget Explain the components of budget accounting cycle Define budget and budget organization Explain Budget Entry methods Apply Budget Rules Transfer budget amounts Perform budget review and correction Translate budget balances Review balances in Master/Detail budgets Create budgets with Budget Wizards Use available Standard budget reports Plan Budget implementation requirements
Period Close	Explain the accounting cycle Perform key steps in the close process Perform journal import of subledger balances Perform Subledger Reconciliation Explain the Period Closing Process and Reports Consolidate account balances

Updates in the Oracle 1Z0-516 Exam Topics:

Oracle 1Z0-516 exam questions and practice test are the best ways to get fully prepared. Study4exam's trusted preparation material consists of both practice questions and practice test. To pass the actual 1Z0-516 exam on the first attempt, you need to put in hard work on these questions as they cover all updated Oracle 1Z0-516 exam topics included in the official syllabus. Besides studying actual questions, you should take the Oracle 1Z0-516 practice test for self-assessment and actual exam simulation. Revise actual exam questions and remove your mistakes with the Oracle E-Business Suite R12.1 General Ledger Essentials 1Z0-516 exam practice test. Online and Windows-based formats of the 1Z0-516 exam practice test are available for self-assessment.

Limited Time Offer

50%

Off

Get Premium 1Z0-516 Questions as Interactive Practice Test or PDF

Oracle General Ledger | 1Z0-516 Valid Dumps

1Z0-516 Exam Details

Oracle 1Z0-516 Exam Details

Free 1Z0-516 Questions

Free Oracle 1Z0-516 Exam Questions