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Free Oracle 1Z0-516 Exam Questions

Absolute Free 1Z0-516 Exam Practice for Comprehensive Preparation 

  • Oracle 1Z0-516 Exam Questions
  • Provided By: Oracle
  • Exam: Oracle E-Business Suite R12.1 General Ledger Essentials
  • Certification: Oracle E Business Suite
  • Total Questions: 185
  • Updated On: May 22, 2026
  • Rated: 4.9 |
  • Online Users: 370
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  • Question 1
    • When using Web Services 1.0, consider the following sequence of a client system calling CPQ Cloud
      WebServices.
      1. Call Security Login WebServices with User ID and Password.
      2. Create a Commerce updateTransaction WebServices call by using an existing transaction ID.
      3. Make the following updates in the web service XML:
      Set Session ID
      Set “_shipTo_first_name” to “myName”
      4. Submit the WebService call.
      5. Call Security Logout WebServices with the Session ID to close the session.
      Based on the given sequence, which two statements are true? (Choose two.)

      Answer: A,C
  • Question 2
    • Scott, a consultant with a leading consulting firm, is implementing Oracle General Ledger at a client site and is
      setting 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 on
      FSG reports.
      Identify the correct option to meet customer requirements

      Answer: C
  • Question 3
    • What is the order of execution when a new transaction is created?

      Answer: D
  • Question 4
    • Which three statements are true about the revaluation process? (Choose three.)

      Answer: A,C,D
  • Question 5
    • 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?

      Answer: C
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