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Oracle 1Z0-516 Exam Dumps

Get All Oracle E-Business Suite R12.1 General Ledger Essentials Exam Questions with Validated Answers

1Z0-516 Pack
Vendor: Oracle
Exam Code: 1Z0-516
Exam Name: Oracle E-Business Suite R12.1 General Ledger Essentials
Exam Questions: 180
Last Updated: February 22, 2026
Related Certifications: Oracle E-Business Suite
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Free Oracle 1Z0-516 Exam Actual Questions

Question No. 1

You are implementing Oracle E-Business Suite Release 12 General Ledger for ABC Corporation.

Identify two setups required for journal approval. (Choose two.)

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Correct Answer: C, D

Question No. 2

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 created a rollup group named ''Cash.''

How many accounts would the summary account template generate?

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Correct Answer: A

Question No. 3

ABC Corp. has determined its Accounting Key Flexfield structure for the implementation of Oracle E-Business Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.

They have the following requirements:

1) The Department values should be based on the Business Units.

2) They want to produce a quarterly Balance Sheet for each Company.

Which three statements are true? (Choose three.)

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Correct Answer: B, D, F

Question No. 4

In which two locations are the keywords for mobile processing of quotes defined when setting up approvals? (Choose two.)

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Correct Answer: B, C

Question No. 5

How should an administrator set up a conditional restriction for access to a Product Family?

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Correct Answer: A

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