C2020-706 exam dumps

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  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • No. of Questions: 60 Questions and Answers
  • Updated: Sep 15, 2026

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IBM C2020-706 Exam Syllabus Topics:

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

IBM Cognos Financial Statement Reporting Developer Sample Questions:

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. Click the Reverse Journal Entry button.
  • B. Click Edit Journal Entry and edit the debit/credit amount for an entry.
  • C. Delete the journal entry and create a new one.
  • D. Export the journal entries, fix the amount in the generated Excel file and re-import the file.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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 an Excel object with the chart and a Word object with a bookmark referencing 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.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

A client has started to load data from an OLAP cube through the "Load Data" function. The client wants to use query variables in the "Year" dimension. Which statement is correct?

  • A. Ensure that the query variables are not checked when selecting data from an OLAP cube.
  • B. Query variables are added and edited in the OLAP data wizard.
  • C. Query variables are automatically added when connecting to an OLAP cube.
  • D. Check on the allow query variables, input the variables into the file path.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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 navigate to the report summary window to validate the report.
  • B. The users can click on Tools > Reference Variables.
  • C. The users can select Tools > Validate Report.
  • D. The users can navigate to the report setup for the validations.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Click the Exhibit button.

When using the FSR data load methods for an Excel file the cursor must be within the Database tab within the Excel object. If an existing data link exists, which selection on the FSR toolbar shown in the exhibit should be selected to edit this data link completely?

  • A. D
  • B. A
  • C. B
  • D. C
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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