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IBM C2020-706 : IBM Cognos Financial Statement Reporting Developer

C2020-706

Exam Code: C2020-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated: May 31, 2026

Q & A: 60 Questions and Answers

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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. A company compiled its 2010 Q2 quarterly report using an OLAP data source and a query variable for the quarter. They are now performing a rollover from the 2010 Q2 quarterly report to the 2010 Q3 quarterly report. How do you ensure that the OLAP connection for the new Q3 quarterly report will be updated with data from 2010 Q3?

A) Update the value of the quarter field in the OLAP connection to Q3.
B) Change the ##S variable for the quarter to Q3.
C) Change the ##R variable for the quarter to Q3.
D) Change the value for the quarter query variable from Q2 to Q3.


2. An administrator would like to configure the e-mail notification message in a workflow between two stages. How can the administrator navigate to the window where the message can be entered?

A) Open Outlook outside of FSR, and compose a draft e-mail to the user.
B) In the FSR toolbar of the object, click on the "Send e-mail to assigned user" icon.
C) In the workflow, highlight the arrow between the two stages and click the "Apply condition when status changes" icon.
D) In the workflow, highlight the arrow between the two stages and click the "Edit body of e-mail sent when workflow status changed" icon.


3. A user created a snapshot of a report. Now they would like to send this snapshot for approval. How would a user view the snapshot that was created?

A) Go to Tools > Snapshots.
B) Use the "View Snapshot" icon.
C) Go to Administration > Resources > View Snapshots.
D) Right-click on the Section Pane and select View Snapshots.


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

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


5. What are two ways to optimize report performance when dealing with variables? (Choose two.)

A) Maximize the number of variables used rather than use Excel cell referencing where possible.
B) Use block variables rather than individual cell variables when pulling multiple items from one table.
C) Ensure you are implementing chain linking.
D) Combine multiple validation checks within one ##R validation rule.


Solutions:

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

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