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What is Implementation Essentials 1z0-516 Certification Exam and Retake policy

Oracle Cloud Certification credentials are valid for a period of 18 months from the date you earn the credential. The credential will become inactive at the end of 18 months. Oracle requires candidates to hold an active credential in order to access certain certification benefits including, without limitation, use of Oracle certification logos, e-Certificates, score reports, digital badges and certification verification.

All the candidates must wait 14 days before retaking a failed proctored exam. (Registration will be allowed on the 14th day). Candidates may not retake a passed exam at any time and may not retake a beta exam at any time. Also, candidates are only allowed 4 attempts to pass an exam in a 12-month period.

Get a sound understanding of Oracle E-Business Suite, including navigation, key business flows, functionality, and integration points between products. Smoothly implement and start using the applications, so that your organization can quickly realize the full value of Oracle E-Business Suite.

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setups

The following will be discussed here:

• Complete Accounting Setup
• Create eliminating entries
• Describe the important elements for creating a Chart of Accounts structure
• Describe the various Subledger Accounting Options
• Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
• Use the features and functionality of Global Consolidation System (GCS)
• Use the elements of the Consolidation Workbench
• Identify the key implementation issues regarding consolidations
• Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
• Consolidations
• Describe the basic components of Accounting Setup
• Describe Ledger Balancing Segment Value Assignments
• Accounting Setups
• Describe the elements required to create a ledger within Oracle General Ledger
• Creating a new Accounting Flexfield structure
• Use Standard reports and inquiry options available for consolidations Ledger
• Perform the Secondary Ledger Setup steps
• Perform the Primary Ledger Setup steps
• Create Accounting Setups

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

• Types of questions: Performance Based Questions
• Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
• No. of Questions: 80 Questions
• Examination Fees: $250 USD
• Passing Score: 60% or higher
• Length of Exam: 150 min

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