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Oracle 1Z1-516 : Oracle EBS R12.1 General Ledger Essentials
Exam Code: 1Z1-516
Exam Name: Oracle EBS R12.1 General Ledger Essentials
Updated: Oct 16, 2026
Q & A: 180 Questions and Answers
1Z1-516 Free Demo download
When your job leaves little time and energy for study, every preparation hour has to count. The 1Z1-516 exam question bank at PassTorrent keeps sessions focused: 180+ Q&As with expert-verified answers, organized around the Oracle EBS R12.1 General Ledger Essentials objectives so nothing you read is wasted.
Oracle 1Z1-516 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 General Ledger Essentials |
| Exam Number: | 1Z0-516 |
| Certificate Validity Period: | No expiration (valid for EBS R12 / R12.1) |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 64 |
| Exam Duration: | 120 minutes |
| Available Languages: | English, Brazilian Portuguese, Japanese, Simplified Chinese |
| Passing Score: | 60% |
| Exam Price: | USD 245 (may vary by region) |
| Recommended Training: | R12.2.9 Oracle E-Business Suite Fundamentals R12.2.9 Oracle General Ledger Management Fundamentals |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended: hands-on experience with Oracle EBS R12.1 Financials |
| Official Syllabus URL: | https://education.oracle.com/catalogue-de-produits-ouexam-pexam_1z0-516/pexam_1Z0-516 |
Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Journal Processing | 20% | - Manage recurring and mass allocation journals - Create, review, and post journal entries - Handle journal reversals and approvals |
| Accounting Setup and Security | 25% | - Use Accounting Setup Manager - Create and manage chart of accounts - Implement data access security - Define ledgers and ledger sets |
| Budgeting, Reporting and Period Close | 20% | - Set up and maintain budgets - Execute period-end and year-end closing - Generate financial reports - Use summary accounts and balances |
| E-Business Essentials | 20% | - Navigate R12 Oracle Applications - Understand flexfields and Web ADI - Explain Multi-Org fundamentals - Describe E-Business Suite architecture and shared entities |
| Multi-Currency and Consolidations | 15% | - Define and use multiple currencies - Perform consolidations and elimination sets - Translate and revalue balances |
1Z1-516 Exam FAQ: Study Formats and Exam Facts
Registration for the 1Z1-516 exam runs through these official channels:
Given the exam's cost, book your sitting when your mock-exam results — not your calendar — say you are ready.
The 1Z1-516 exam contains 64 questions with 120 minutes minutes to complete them. The PC test engine and the online test engine both let you rehearse under the same time pressure, so pacing stops being a variable on exam day.
No mandatory prerequisites; recommended: hands-on experience with Oracle EBS R12.1 Financials
Passing the 1Z1-516 exam requires 60%, and registration costs USD 245 (may vary by region). That fee is exactly why candidates worry about wasting money on a failed attempt — and why structured preparation with verified answers is worth more than hopeful improvisation.
Same Oracle EBS R12.1 General Ledger Essentials content, different reach. The PC test engine runs on Windows, simulates the formal exam atmosphere, and shows you where your shortcomings and strengths lie — with no limit on the number of computers you install it on. The online test engine is available only at PassTorrent: it runs on Windows, Mac, Android, and iOS, and once loaded it works without internet, so you can practice the 1Z1-516 exam questions on any device, at any time, anywhere. Both are built from the same daily-checked question bank.
The official outline divides the 1Z1-516 exam into weighted domains, including:
- Multi-Currency and Consolidations (15%)
- Accounting Setup and Security (25%)
- Journal Processing (20%)
The Oracle EBS R12.1 General Ledger Essentials practice questions at PassTorrent follow these same objectives across all three formats — PDF, PC engine, and online engine.
Work with your constraints, not against them. Short, regular sessions beat rare marathon ones: run a timed mock early to map your shortcomings, then spend your limited hours on those weak areas using the expert-verified answers to close each gap. The 1Z1-516 exam bank is organized around the official objectives, so nothing you study is off-topic — and the online engine turns commutes and queues into usable Oracle EBS R12.1 General Ledger Essentials practice time.
Oracle recommends these training resources for candidates:
If your schedule allows only one supplement to self-study, make it timed practice with verified answers — it converts knowledge into exam performance.
The 1Z1-516 exam is the official assessment behind the Oracle EBS R12.1 General Ledger Essentials certification from Oracle. Many candidates come to it at a career plateau, looking for a credential that demonstrates verified, practical command of the published objectives. The exam rewards preparation — and preparation is the one part of the process fully under your control.
Oracle EBS R12.1 General Ledger Essentials Sample Questions:
Question #1
Identify the different types of data that can be processed using the GL Interface. (Choose three.)
- A. rates
- B. statistical
- C. intercompany
- D. vendors
- E. budget
- F. currency codes
Correct Answer: B,C,E 🗳️
Question #2
Which three discount types are available in pricing? (Choose three.)
- A. absolute price
- B. percent discount
- C. promotion discount
- D. amount discount
- E. quantity-dependent discount
Correct Answer: B,D,E 🗳️
Question #3
You want to perform a configuration migration from a development site to a QA site. What is the Oracle-recommended way to accomplish this?
- A. Open Migration Center in the development site, log in to the QA site through the Migration Center section, select the components that need to be migrated, and start the migration
- B. Using a DB Link, log in to the development site through the Migration Center section, select the components that need to be migrated, and start the migration
- C. Download the components that need to be migrated from the development site and upload them to the QA site
- D. Open Migration Center in the QA site, log in to the development site through the Migration Center section, select the components that need to be migrated, and start the migration
Correct Answer: D 🗳️
Question #4
A red "x" appears instead of a part (item) in a configuration. What causes this?
- A. The Recommended Item rule is recommending an incorrect price for the part number
- B. The Recommended Item rule is recommending a part that does not exist
- C. The Recommended Item rule is recommending more than one part number
- D. The Recommended Item rule is not firing
Correct Answer: B 🗳️
Question #5
Which statement is a proper definition of a Punch-In?
- A. Punch-Ins are links that relate into specific parts in the system. They can be used to search directly for a given part in your application. They can also be used to search for a specific part from an external website.
- B. Punch-Ins are buttons that take you to specific pages in the system. They can be used to navigate directly from one page to another in your application.
- C. Punch-Ins are links that hook into specific pages in the system. They can be used to navigate directly from one page to another in your application. They can also be used to jump to a specific page from an external website.
- D. Punch-Ins are links that hook into specific product families in the system. They can be used to navigate directly from a product family to another in your application. They can also be used to jump into a specific product family from an external website.
- E. Punch-Ins are links that hook into a specific Commerce process in the system. They can be used to navigate directly to a given Commerce process in your application. They can also be used to jump into a specific Commerce process from an external website.
Correct Answer: C 🗳️
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