IBM C2020-706 exam : IBM Cognos Financial Statement Reporting Developer

C2020-706 Exam Simulator
  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: May 30, 2026
  • Q & A: 60 Questions and Answers

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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. 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 and a ##S variable referencing to the chart and a separate Word object with ##D to retrieve the chart.
B) Use an Excel object with the chart using ##RS and ##RE around the chart.
C) Use an Excel object with the chart and a Word object with a bookmark referencing the chart.
D) Use a PowerPoint object with the chart copied and pasted from an external source.


2. An individual requests more information on the Account Hierarchy. Which statement is correct?

A) The Account Hierarchy interface is used to create a hierarchical structure of your accounts.
B) The Account Hierarchy is used to create validation rules for an FSR report.
C) The Account Hierarchy is used to create workflow rules in an FSR report.
D) The Account Hierarchy is used to track the changes of an FSR report.


3. In FSR, what are two purposes of Query Variables? (Choose two.)

A) to query a relational database table for specific information
B) to use in section and object names
C) to use in the file path and sheet name for yearly rollover
D) to query and summarize all object variables throughout the report


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


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 user can create a workflow rule to ensure that the numbers match in the report.
C) The checks must be performed manually by the user.
D) The user can create a validation rule to verify the accuracy of the amounts in the report.


Solutions:

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

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