IBM Cognos Financial Statement Reporting Developer : C2020-706

C2020-706 real exams

Exam Code: C2020-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated: Aug 29, 2026

Q & A: 60 Questions and Answers

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About IBM Cognos Financial Statement Reporting Developer : C2020-706

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IBM C2020-706 Exam Syllabus Topics:

SectionObjectives
IBM Cognos Financial Statement Reporting Overview- Security and Access Model
  • 1. User roles and permissions
    • 2. Data access security configuration
      - Architecture and Components
      • 1. Cognos Controller integration concepts
        • 2. Financial reporting data flow
          Financial Statement Design and Development- Report Structure Design
          • 1. Hierarchical financial reporting structures
            • 2. Balance sheet and income statement layout design
              - Business Rules and Calculations
              • 1. Consolidation rules and adjustments
                • 2. Financial logic implementation
                  Reporting and Deployment- Report Creation
                  • 1. Financial statement report building
                    • 2. Drill-through and interactive reports
                      - Distribution and Scheduling
                      • 1. Output formats and distribution methods
                        • 2. Report scheduling and automation
                          Data Integration and Management- Data Sources
                          • 1. External financial systems integration
                            • 2. Cognos Controller data sources
                              - Data Transformation
                              • 1. Data validation and reconciliation
                                • 2. Mapping financial accounts

                                  IBM Cognos Financial Statement Reporting Developer Sample Questions:

                                  Question 1

                                  The "Select the custom group to display" dropdown list in the Select Report dialog allows a user to filter the objects that will display when a report is loaded. How can this be enabled for a user?

                                  A. in the Task Permissions list in the Users table
                                  B. in the Tools > Report Setup window
                                  C. in the Report Summary node of the report
                                  D. on the user's machine, a configuration key will need to be added to the FSR configuration file


                                  Question 2

                                  When generating a table, a user notices that the Excel table is generated with extra padding in the line items. The default Excel padding is set at .8 inches. How can the default Excel padding be removed?

                                  A. by placing a zero in the bottom left corner of the table where ##RS and ##RE intersect
                                  B. by creating the table in MS Word
                                  C. by using the correct pixel count
                                  D. by putting the ##RS and ##RE tags around the table


                                  Question 3

                                  You want to connect to an external Excel file using the data load method.Which two selections should you perform to accomplish this? (Choose two.)

                                  A. The range selected should only contain what is needed for the report.
                                  B. The range of numbers should be rounded at the source Excel file externally from FSR if possible.
                                  C. The range should contain links to multiple Excel spreadsheets and multiple workbook sheets outside of FSR.
                                  D. The ranges should contain as many V-Lookup formulas as possible.


                                  Question 4

                                  A user needs to create a chart for the company's annual report. Which statement is correct?

                                  A. Use an Excel object with the chart and a ##S variable referencing to the chart and a separate Word object with ##D to retrieve the chart.
                                  B. Use an Excel object with the chart using ##RS and ##RE around the chart.
                                  C. Use a PowerPoint object with the chart copied and pasted from an external source.
                                  D. Use an Excel object with the chart and a Word object with a bookmark referencing the chart.


                                  Question 5

                                  A company compiled its 2010 Q2 quarterly report using an OLAP data source and a query variable for the quarter. They are now performing a rollover from the 2010 Q2 quarterly report to the 2010 Q3 quarterly report. How do you ensure that the OLAP connection for the new Q3 quarterly report will be updated with data from 2010 Q3?

                                  A. Change the value for the quarter query variable from Q2 to Q3.
                                  B. Change the ##R variable for the quarter to Q3.
                                  C. Change the ##S variable for the quarter to Q3.
                                  D. Update the value of the quarter field in the OLAP connection to Q3.


                                  Solutions:

                                  Question 1
                                  Answer: D
                                  Question 2
                                  Answer: A
                                  Question 3
                                  Answer: A,B
                                  Question 4
                                  Answer: D
                                  Question 5
                                  Answer: A

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