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IBM C2020-706

C2020-706

Exam Code: C2020-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated: Aug 08, 2026

Q&A Number: 60 Q&As

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IBM C2020-706 Exam Syllabus Topics:

SectionObjectives
Report Development in Cognos- Report creation and formatting
- Prompt pages and filters
Financial Statement Design and Layout- Drill-through and navigation techniques
- Balance sheet and income statement design
Financial Statement Reporting Concepts- Regulatory and compliance reporting basics
- Financial reporting structures
Data Modeling for Financial Reporting- Framework Manager / data modules
- Hierarchies and calculations
Cognos Analytics Fundamentals- Data connectivity and sources
- Cognos architecture and components

IBM Cognos Financial Statement Reporting Developer Sample Questions:

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


2. Validation rules that are created to reconcile the numbers throughout the report automatically bring a report validation screen upon the generation of the entire report. What is another way by which a user can verify the validation of an FSR report?

A) The users can select Tools > Validate Report.
B) The users can navigate to the report setup for the validations.
C) The users can navigate to the report summary window to validate the report.
D) The users can click on Tools > Reference Variables.


3. Upon generating the balance sheet Excel object, an end-user realizes that the generated balance sheet object is not generated with the line items containing zeros. Why does this happen?

A) The line items containing zeros need to be merged.
B) FSR automatically suppresses the line items with zeros.
C) The items do not have the ##NL and ##SL in the column.
D) Dollar ($) signs need to be placed in separate columns.


4. What are two functions of a user role? (Choose two.)

A) Work on assigned objects.
B) Create a workflow.
C) Create a report.
D) Generate selected sections.


5. An end user is the assigned user in the Page Setup object. The user would like to edit the margins, but the message, "You don't have permission to save the changes of object content. " is displayed. What is the reason for this message?

A) In the workflow, the current stage is not set to "Editable".
B) The user does not have write permissions to the FSR database.
C) The Excel sheet is protected.
D) The workflow due date for the object is in the past.


Solutions:

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

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