Oracle 1Z0-516 : Oracle EBS R12.1 General Ledger Essentials Exam
The Oracle 1Z0-516: Oracle EBS R12.1 General Ledger Essentials test is a 150 minutes exam with a range of 80 questions. There are two sections to this exam: E-business Essentials and General Ledger Fundamentals. In order to pass the exam and obtain the associated certifications, a candidate must pass each section of the exam with a minimum score of 60%. The associated certifications for this exam are Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger and the OPN Certified Specialist.
The E-business Essentials portion of the Oracle 1Z0-516 exam is going to test a candidate's knowledge of navigating R12 Oracle Applications, share entities and integration, and the fundamentals of Flexfields and Multi Org. Additionally, there will also be a section of the test, called the Introduction to Oracle Applications R12, which will ask questions regarding the footprint of R12 E-Business Suite, the benefits of R12 E-Business Suite, and R12 E-Business Suite architecture.
The General Ledger portion of the 1Z0-516 exam is quite extensive. Just some of the topics that will be covered in this section include Oracle General Ledger Processes, basic journal entries, advanced security, and accounting setup manager. In order to prepare for this test, a candidate is encouraged to enroll in the R12. x Oracle E-Business Suite Essentials for Implementers class and the R12. x Oracle General Ledger Management Fundamentals course.