PDF Version DemoFrom your first practice question to exam day, Getcertkey covers the entire 1Z0-516 journey: a free demo, 180 practice questions in three formats, a full year of free updates, and a clear refund policy. Preparing for the Oracle EBS R12.1 General Ledger Essentials exam has rarely been this straightforward.
Oracle 1Z0-516 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 General Ledger Essentials |
| Exam Number: | 1Z0-516 |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | No expiration (valid for EBS R12 / R12.1) |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 64 |
| Available Languages: | English, Japanese, Simplified Chinese, Brazilian Portuguese |
| Exam Price: | USD 245 (may vary by region) |
| Passing Score: | 60% |
| Recommended Training: | R12.2.9 Oracle General Ledger Management Fundamentals R12.2.9 Oracle E-Business Suite Fundamentals |
| Exam Registration: | Oracle University Pearson VUE |
| 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 1Z0-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Multi-Currency and Consolidations | 15% | - Translate and revalue balances - Define and use multiple currencies - Perform consolidations and elimination sets |
| Topic 2: Journal Processing | 20% | - Create, review, and post journal entries - Handle journal reversals and approvals - Manage recurring and mass allocation journals |
| Topic 3: Budgeting, Reporting and Period Close | 20% | - Use summary accounts and balances - Generate financial reports - Execute period-end and year-end closing - Set up and maintain budgets |
| Topic 4: Accounting Setup and Security | 25% | - Implement data access security - Define ledgers and ledger sets - Use Accounting Setup Manager - Create and manage chart of accounts |
| Topic 5: E-Business Essentials | 20% | - Navigate R12 Oracle Applications - Explain Multi-Org fundamentals - Understand flexfields and Web ADI - Describe E-Business Suite architecture and shared entities |
1Z0-516 Exam FAQs for 2026 Candidates
Which certification does the 1Z0-516 exam lead to?
The 1Z0-516 exam is the official Oracle exam behind the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification, validating the skills measured by the Oracle EBS R12.1 General Ledger Essentials credential. It sits at the Specialist / Intermediate level of the Oracle certification program.
How many questions are on the 1Z0-516 exam, and how much time do I get?
The 1Z0-516 exam contains 64 questions to be completed within 120 minutes. Before exam day, divide the available time by the question count to work out a comfortable per-question pace, and mark any item that eats into it so you can return later instead of getting stuck. Timed sessions in the Getcertkey test engines make that pacing automatic — run at least two full-length mock exams under the clock so time pressure never becomes the reason you drop points.
What score do I need to pass the 1Z0-516 exam, and what does it cost?
The passing score for the 1Z0-516 exam is 60%, and the official registration fee is USD 245 (may vary by region). Retakes are not discounted — every new attempt means paying the full fee again — so it pays to measure yourself before you book. Work through the 180 practice questions on Getcertkey, sit a timed practice test, and schedule your exam only when your scores are consistently comfortable. That simple habit is the cheapest exam strategy there is.
Are there any prerequisites for the 1Z0-516 exam?
No mandatory prerequisites; recommended: hands-on experience with Oracle EBS R12.1 Financials Requirements can change when Oracle revises its certification program, so confirm the current eligibility rules on the official exam page before you register.
How do I register for the 1Z0-516 exam?
You can book the Oracle EBS R12.1 General Ledger Essentials exam through the official registration channels below:
As for delivery, the exam is offered in the following format: Online proctored or onsite at Pearson VUE test centers. Choose the option that suits you best when you book your seat.
What official training is recommended for the 1Z0-516 exam?
Oracle recommends the following training resources for the Oracle EBS R12.1 General Ledger Essentials exam:
Official courses build the foundation; the 180 practice questions from Getcertkey then show you how that knowledge is examined, so the two work best together.
Can I try the 1Z0-516 practice questions before I buy?
Yes. Getcertkey provides a free 1Z0-516 PDF demo so you can review the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates — if Oracle revises the exam during that period, the updated material reaches you at no cost. Once the free-update year ends, you can extend your update service at a 50% discount.
What if I fail the 1Z0-516 exam, and how is my order delivered?
Every Oracle EBS R12.1 General Ledger Essentials purchase on Getcertkey is covered by a 100% money-back guarantee with clear conditions: if you take the corresponding exam within 60 days of your purchase and do not pass, you can claim a full refund by submitting a scanned copy of your exam enrollment slip and your official score report as a PDF within two days of the exam date; claims are processed within seven days of submission. The guarantee does not apply to exams taken within three days of purchase, to material that was downloaded but never used in an exam attempt, or to free products and expired orders, and the candidate name must match the payer name. If you would rather not take a refund, you can instead exchange your purchase for two free exam preparation products of equal value and keep the update service on your original product.
Delivery is instant: your download is sent to your email within one minute of payment, with no limit on how many computers you may install the material on. If nothing arrives within two hours, check your spam folder and contact customer service for help.
What topics are covered in the 1Z0-516 exam?
The Oracle EBS R12.1 General Ledger Essentials exam blueprint is organized into 5 domains. The first three are:
- Budgeting, Reporting and Period Close — 20% of the exam
- E-Business Essentials — 20% of the exam
- Accounting Setup and Security — 25% of the exam
For the complete domain-by-domain breakdown, scroll up to the full exam topics outline above and use it to plan how you distribute your study time.
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. budget
B. rates
C. statistical
D. vendors
E. intercompany
F. currency codes
Question #2
ABC Enterprise has operations in the US and its headquarters in the UK. They share the same chart of accounts, accounting calendar, accounting method, and ledger-processing options.
UK management requires reporting on receivables from its US operations in GBP each month.
Identify the best option for the US operations to report to their parent.
A. Create a balance-level reporting currency and run general ledger translation.
B. Create a journal-level reporting currency for every transaction.
C. Create a subledger-level reporting currency.
D. Create an account-level reporting currency.
Question #3
A manager wants to review the cash balance by company. He has asked you to create the summary account template. The company's accounting flexfield has four segments:
company (5 values)
cost centers (30 values)
region (4 values)
account (180 values)
The total number of cash accounts is five that are associated with two parents:
Three accounts are associated with the parent called "Checking."
Two accounts are identified with the parent called "Savings".
To combine the cash parents, you create a rollup group named "Cash."
Which summary account template would you create to review the cash balances by company?
(D: Detail)
(T: Total)
A. T-D-T-Cash
B. D-D-D-Cash
C. T-D-D-Cash
D. D-T-D-Cash
E. D-T-T-Cash
F. T-T-T-Cash
Question #4
A user tries to upload the following Parts file from the ExampleParts_Testsite's.zip ZIP file by using FTP: ExampleParts_Testsite's.csv.
What causes the Parts upload to fail based on the file name?
A. The apostrophe used in the file name in invalid
B. The "_" used in the file name is invalid
C. CSV files are not valid file extensions that can be uploaded by using FTP
D. The file name exceeds character limits
Question #5
Identify two features of a Value Set that has a validation type of "None." (Choose two.)
A. The Flexfield value security rules cannot be used for a segment that uses this Value Set.
B. It has an approved list of values associated with it.
C. Users can enter any value that they want even if it does not meet formatting requirements.
D. The entered value must meet the formatting requirements.
Solutions:
| Question #1 Correct Answer: A,C,E | Question #2 Correct Answer: C | Question #3 Correct Answer: E | Question #4 Correct Answer: A | Question #5 Correct Answer: A,D |
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