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Instant Download IBM : C2020-706 Questions & Answers as PDF & Test Engine

C2020-706
  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: Jun 03, 2026
  • No. of Questions: 60 Questions and Answers
  • Download Limit: Unlimited
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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. A user has certain objects tagged as custom group "Q1", but they should be tagged as "Q2/Q3" only. How can this be resolved?

A) Select the objects in the Section Pane, right-click, and select "Q2/Q3".
B) In the Status by Object table in the Report Summary node, highlight the objects and change the group from "Q1" to "Q2/Q3".
C) Navigate to each individual object, click on the "Set Customized Group" icon, deselect "Q1" and select "Q2/Q3" from the list.
D) Navigate to each individual object, click on the "Set Customized Group" icon and select "Q2/Q3' from the list.


2. A user has created a journal entry, but the net difference of the debits and credits is not equal to zero. How can the user adjust the amounts?

A) Delete the journal entry and create a new one.
B) Click Edit Journal Entry and edit the debit/credit amount for an entry.
C) Click the Reverse Journal Entry button.
D) Export the journal entries, fix the amount in the generated Excel file and re-import the file.


3. When a user is in the process of creating a report, there is an option to "Copy Report". What does this do?

A) Copy Report enables shared objects to work appropriately.
B) Copy Report copies the selected report into a new one.
C) Copy Report ensures the variables will not be carried over.
D) Copy Report updates reference variables in a report automatically.


4. A company is using a load data method to access live data from their Excel spreadsheet located on a network drive. To distribute data throughout the report, which two would be used? (Choose two.)

A) Excel cell reference
B) ##SL
C) Import
D) ##S/##D


5. Why are OLAP variables used in FSR?

A) OLAP variables can be defined locally within a given object and once applied, queries can fully automate the roll forward process.
B) OLAP variables can be defined globally for a given report and once applied, data loads will be automated each time Refresh Data is selected.
C) OLAP variables can be defined locally within a given object and once applied, data loads will be automated each time Refresh Data is selected.
D) OLAP variables can be defined globally for a given report and once applied, query variables can fully automate the roll forward process.


Solutions:

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

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