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Free Oracle 1Z0-516 Exam Practice Questions

The new Oracle 1Z0-516 exam questions cover real topics from the latest Oracle E-Business Suite R12.1 General Ledger Essentials release. Each question helps you review dificult key areas and understand how the Oracle E Business Suite system works in real scenarios. Practice regularly with updated version of 1Z0 516 dumps, focus on weak points, prepare for your desired test effectively and pass your Oracle certification exam confidently on your first try.

Exam Code: 1Z0-516
Exam Questions: 185
Oracle E-Business Suite R12.1 General Ledger Essentials
Updated: 08 Dec, 2025
Viewing Page : 1 - 19
Practicing : 1 - 5 of 185 Questions
Question 1

Your client is in the process of closing its first year-end. The client completed the accounting cycle and found that several income statement accounts have a remaining balance. What would be the likely cause of these remaining balances?

Options :
Answer: C
Question 2

In the Multi-Org model of Oracle E-Business Suite Release 12, which organization type owns Bank Account?

Options :
Answer: B
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

A customer has BOM Mapping configured on their site using a simple Table-Based BOM Mapping rule.
However, they want to modify their BOM Mapping to also map an additional Configuration attribute to a
Transaction Line level attribute.
Which two methods can the customer use to achieve this? (Choose two.)

Options :
Answer: A,D
Viewing Page : 1 - 19
Practicing : 1 - 5 of 185 Questions
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