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IBM Cognos C2020-706 Braindumps

C2020-706

Exam Code: C2020-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated: Aug 01, 2026

Q & A: 60 Questions and Answers

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IBM C2020-706 Exam Syllabus Topics:

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

                                  IBM Cognos Financial Statement Reporting Developer Sample Questions:

                                  1. 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 Word object with a bookmark referencing 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 ##S variable referencing to the chart and a separate Word object with ##D to retrieve the chart.


                                  2. When sourcing data using Excel data sources, which two methods should you use? (Choose two.)

                                  A) Use copy and paste.
                                  B) Create a master load Excel object and use block variables to distribute the block variables to their specific Excel objects.
                                  C) Manually key in the data.
                                  D) Create a separate data link for each Excel object to an external Excel spreadsheet.


                                  3. Click the Exhibit button.

                                  You want to edit the source of the data using the data wizard. In the exhibit, which selection on the FSR toolbar should be selected?

                                  A) C
                                  B) B
                                  C) A
                                  D) D


                                  4. What are two primary reasons for a client to install the FSR Web Service application?
                                  (Choose two.)

                                  A) The FSR Web Service is mandatory and must be installed to use the product.
                                  B) The client would like to take some of the processing load off of the database server.
                                  C) The client would like to use a service account for Authentication instead of using Active Directory groups to grant permissions against the databases.
                                  D) The client would like to prevent users from directly accessing the FSR databases using their Active Directory IDs.


                                  5. A company has recently purchased the XBRL module to enable them to submit their latest financial results to the appropriate government financial reporting body. Which two steps need to be taken to install this module? (Choose two.)

                                  A) Install the updated license key to enable XBRL/XET at the server level.
                                  B) Download the latest release of XBRL from Customer Care and install it on the desktop of the user who will be submitting the reports.
                                  C) From the User Administration screen, enable the XBRL and XET options for the user who will be submitting the reports.
                                  D) Create an XBRL template and assign a user access to this template.


                                  Solutions:

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

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