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Updated: Jun 03, 2026
No. of Questions: 180 Questions & Answers with Testing Engine
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12
The following will be discussed here:
- Describe the benefits of Workflow
- Explain the footprint of R12 E-Business Suite
- Define Descriptive Flexfields
- Define Key Flexfields
- Fundamentals of Workflow and Alerts
- Describe Flexfields and their components
- Identify the steps to implement a Flexfield
- Describe how journal entries are positioned in the accounting cycle
- Explain Workflow concepts
- Utilize Web ADI profile options, forms functions, menus, and responsibilities
- Import journal entry information using the GL_INTERFACE table
- Define Web ADI setup options for key flexfields
- Describe R12 E-Business Suite architecture
- Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
- Plan the key elements of Web Applications Desktop Integrator (Web ADI)
- Describe the different Journal Posting options
- Introduction to Oracle Applications R12
- Describe the benefits of R12 E-Business Suite
- Define value sets and values
- Fundamentals of Flexfields
- Basic Journal Entries
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setups
The following will be discussed here:
- Consolidations
- Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
- Create eliminating entries
- Describe the various Subledger Accounting Options
- Creating a new Accounting Flexfield structure
- Describe the important elements for creating a Chart of Accounts structure
- Use the elements of the Consolidation Workbench
- Use the features and functionality of Global Consolidation System (GCS)
- Describe Ledger Balancing Segment Value Assignments
- Perform the Secondary Ledger Setup steps
- Create Accounting Setups
- Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
- Identify the key implementation issues regarding consolidations
- Use Standard reports and inquiry options available for consolidations Ledger
- Accounting Setups
- Perform the Primary Ledger Setup steps
- Complete Accounting Setup
- Describe the basic components of Accounting Setup
- Describe the elements required to create a ledger within Oracle General Ledger
How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs
- Length of Exam: 150 min
- Types of questions: Performance Based Questions
- Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
- Examination Fees: $250 USD
- Passing Score: 60% or higher
- No. of Questions: 80 Questions
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