IBM C2020-706 Valid Q&A - in .pdf

  • C2020-706 pdf
  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: Sep 10, 2026
  • Q & A: 60 Questions and Answers
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IBM C2020-706 Valid Q&A - Testing Engine

  • C2020-706 Testing Engine
  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: Sep 10, 2026
  • Q & A: 60 Questions and Answers
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IBM C2020-706 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Report Structure & Design25%- Formatting and layout controls
- Create and manage report templates
- Define sections, chapters, and objects
Topic 2: Report Generation & Distribution10%- Manage roll-forward and period updates
- Generate final financial statements
- Export to Word, PDF, Excel formats
Topic 3: Data Integration & Querying25%- Use query and report variables
- Refresh and update data
- Import data from OLAP and relational sources
Topic 4: FSR Environment & Configuration20%- Install and configure FSR components
- Set up workspaces and security
- Define data connections and sources
Topic 5: Calculations & Validation20%- Create validation and reconciliation rules
- Detect and resolve errors
- Build formulas and business rules

IBM Cognos Financial Statement Reporting Developer Sample Questions:

Question #1

A user is creating a chart in FSR and referencing it using a bookmark. What is the naming convention for the bookmark?

  • A. the WordObjectName and the name of the variable (e.g., WordObjectName_VariableName)
  • B. the ExcelObjectName and the name of the worksheet (e.g., ExcelObjectName_SheetName)
  • C. the WordObjectName and the name of the chart (e.g., WordObjectName_ChartName)
  • D. the ExcelObjectName and the name of the worksheet (e.g., ExcelObjectName-SheetName)
Answer: B
Question #2

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. From the User Administration screen, enable the XBRL and XET options for the user who will be submitting the reports.
  • C. Create an XBRL template and assign a user access to this template.
  • D. Download the latest release of XBRL from Customer Care and install it on the desktop of the user who will be submitting the reports.
Answer: A,B
Question #3

An FSR user would like to export all of the accounts in the Account Hierarchy interface for a particular set of dimensions. After selecting the dimensions in the Dimensions Pane, how can the user export these accounts?

  • A. Click the "Refresh" button at the top of the Account Hierarchy interface.
  • B. Right-click on the top Account node and select "Export Accounts".
  • C. Click the "Export Journal Entries" button in the Journal Entries pane of the Account Hierarchy interface.
  • D. Click the "Export Accounts" button at the top of the Account Hierarchy interface.
Answer: D
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 using ##RS and ##RE around the chart.
  • B. Use a PowerPoint object with the chart copied and pasted from an external source.
  • C. 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.
  • D. Use an Excel object with the chart and a Word object with a bookmark referencing the chart.
Answer: D
Question #5

An end-user at a company is concerned about the validity of the amounts throughout the report. Within FSR, which rule can be used to reconcile the accuracy of the numbers in the report?

  • A. The user can use the audit trail feature to reconcile the numbers in the report.
  • B. The checks must be performed manually by the user.
  • C. The user can create a validation rule to verify the accuracy of the amounts in the report.
  • D. The user can create a workflow rule to ensure that the numbers match in the report.
Answer: C
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