IBM Cognos Financial Statement Reporting Developer: C2020-706 Exam


"IBM Cognos Financial Statement Reporting Developer", also known as C2020-706 exam, is a IBM Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 60 Q&As to your C2020-706 Exam preparation. In the C2020-706 exam resources, you will cover every field and category in IBM Cognos Certification helping to ready you for your successful IBM Certification.

  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Total Questions: 60
  • Certification Provider: IBM
  • Corresponding Certification: IBM Cognos
  • Updated on: Aug 31, 2026

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IBM C2020-706 Exam Syllabus Topics:

SectionObjectives
Topic 1: 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
          Topic 2: IBM Cognos Financial Statement Reporting Overview- Architecture and Components
          • 1. Financial reporting data flow
            • 2. Cognos Controller integration concepts
              - Security and Access Model
              • 1. Data access security configuration
                • 2. User roles and permissions
                  Topic 3: 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
                          Topic 4: Reporting and Deployment- Distribution and Scheduling
                          • 1. Report scheduling and automation
                            • 2. Output formats and distribution methods
                              - Report Creation
                              • 1. Drill-through and interactive reports
                                • 2. Financial statement report building

                                  IBM Cognos Financial Statement Reporting Developer Sample Questions:

                                  Question 1

                                  The report team finished their first draft of their report and now they would like to send a snapshot of this report for review. How would a user create a snapshot?

                                  A. Every time a user saves, FSR will automatically create a new snapshot.
                                  B. Generate the entire report and check the "Save as Snapshot" option.
                                  C. Go to Tools > Snapshots, then select the "Save as Snapshot" option.
                                  D. Use the "Create Snapshot" icon.


                                  Question 2

                                  A user is retrieving data from 2009 and 2010 using an OLAP connection. How can the retrieval be automated so when the report is rolled over to 2011, data from 2011 and 2010 will be retrieved?

                                  A. Set up note variables for both the current and prior years.
                                  B. Set up ##S variables for both the current and prior years and use ##D to retrieve the data.
                                  C. Set up ##GSD variables for both the current and prior years.
                                  D. Set up query variables for both the current and prior years.


                                  Question 3

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


                                  Question 4

                                  FSR was successfully installed at a client site. All users who will be using the application have been created and are currently using the product. A new user joined the team so a new account was created and flagged as an FSR user. Now all users are receiving "The number of Clarity FSR users exceeds the number of licenses you have purchased" message. What is the problem?

                                  A. The new user has not been given any permissions in SQL Server.
                                  B. The user will need to change the FSR registry key to enable FSR access.
                                  C. The client's license is now being exceeded by the new user.
                                  D. The FSR license needs to be re-applied since there is now a new user.


                                  Question 5

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

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


                                  Solutions:

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

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