Smartly Prepare Exam with Free Online 1Z0-516 Practice Test

We offer the latest 1Z0-516 practice test designed for free and effective online Oracle E-Business Suite R12.1 General Ledger Essentials certification preparation. It's a simulation of the real 1Z0-516 exam experience, built to help you understand the structure, complexity, and topics you'll face on exam day.

Exam Code: 1Z0-516
Exam Questions: 185
Oracle E-Business Suite R12.1 General Ledger Essentials
Updated: 27 Aug, 2025
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Question 1

Jane, the GL accountant, asks you whether she could delete the budget after it has been defined. She also wants to know whether she could delete the budget organization after it has been defined. What would be your response?

Options :
Answer: C

Question 2

Identify three values that you can find in the Usage Metrics Report for the last month. (Choose three.)

Options :
Answer: A,B,C

Question 3

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

Options :
Answer: D

Question 4

When designing an integration with an ERP system, you must communicate with a third party integration tool(such as a middleware or a hub).Which three methods can be used to communicate with a middleware in this scenario? (Choose three.)

Options :
Answer: A,C,D

Question 5

Which three statements are true about the revaluation process? (Choose three.)

Options :
Answer: A,C,D

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