Exam Code: 1Z0-516
Exam Questions: 185
Oracle E-Business Suite R12.1 General Ledger Essentials
Updated: 26 Aug, 2026
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Question 1

Scott, a consultant with a leading consulting firm, is implementing Oracle General Ledger at a client site and issetting up FSG reports to be used by different users.One of the customer requirements is that all users with modify access must not be able to modify privileges onFSG reports.Identify the correct option to meet customer requirements

Options :
Answer: C

Question 2

During the cutover phase of a project to implement Oracle E-Business Suite Release 12, you are responsiblefor converting historical account balances into Oracle General Ledger from a legacy system. There is noAccount Code Combination setup in the Production Instance.Identify the setup in the Accounting Key Flexfield structure that is required to perform this conversion.

Options :
Answer: A

Question 3

You set the GL: Journal Review Required profile option to “Yes.” Identify the result. 

Options :
Answer: D

Question 4

What is the order of execution when a new transaction is created?

Options :
Answer: D

Question 5

Identify four types of attributes that can be set by formulas. (Choose four.)

Options :
Answer: A,B,D

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