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

  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: Oct 04, 2026     Q & A: 60 Questions and Answers

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IBM C2020-706 Exam Syllabus Topics:

SectionWeightObjectives
Data Management25%- Importing and loading data
- Connecting to data sources
- OLAP and relational data integration
- Using variables and query objects
Advanced Features and Troubleshooting10%- XBRL reporting functionality
- Exporting and publishing reports
- Diagnosing and resolving common issues
Workflow and Process Management15%- Version control and rollover
- Review and approval processes
- Defining and managing workflows
Installation and Configuration20%- Installing and upgrading FSR
- Database setup and configuration
- Security and user management
- System requirements and supported environments
Report Design and Creation30%- Including notes, disclosures, and charts
- Building report structures and sections
- Formatting financial statements
- Working with Excel and Word objects

IBM Cognos Financial Statement Reporting Developer Sample Questions:

Question #1

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. 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.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Question #2

Why are OLAP variables used in FSR?

  • A. OLAP variables can be defined globally for a given report and once applied, query variables can fully automate the roll forward process.
  • B. OLAP variables can be defined locally within a given object 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, queries can fully automate the roll forward process.
  • D. OLAP variables can be defined globally for a given report and once applied, data loads will be automated each time Refresh Data is selected.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

A client made a mistake when they shared an object and copied it into a different report. They would like to unshare it. What should they do?

  • A. Simply unshare the "Share this object" checkbox.
  • B. Delete the original object since it cannot be unshared and re-create it.
  • C. Delete the copy of the shared object before you can unshare it.
  • D. To unshare an object, a user must delete all the objects that are linked to it.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

How would the variable CASH be declared in a PPT file for an export from an Excel object?

  • A. ##D
  • B. <##D>CASH
  • C. ##D{CASH\}
  • D. ##D(CASH)
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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 checks must be performed manually by the user.
  • B. The user can create a workflow rule to ensure that the numbers match in the report.
  • C. The user can create a validation rule to verify the accuracy of the amounts in the report.
  • D. The user can use the audit trail feature to reconcile the numbers in the report.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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