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

  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: Jul 23, 2026
  • Q&As: 60 Questions and Answers

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IBM C2020-706 Exam Syllabus Topics:

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

IBM Cognos Financial Statement Reporting Developer Sample Questions:

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


2. FSR was successfully installed at a client site. All users who will be using the application have been created and are currently using the product. A new user joined the team so a new account was created and flagged as an FSR user. Now all users are receiving "The number of Clarity FSR users exceeds the number of licenses you have purchased" message. What is the problem?

A) The user will need to change the FSR registry key to enable FSR access.
B) The new user has not been given any permissions in SQL Server.
C) The client's license is now being exceeded by the new user.
D) The FSR license needs to be re-applied since there is now a new user.


3. A user has created a ##S variable called Netincome for net income in the Statement of Operation object. In a separate Excel object, ##D was used to retrieve the number. However, after saving the object, the ##D value is not populated. What are three reasons why this is happening? (Choose three.)

A) ##S Netincome was used at the source.
B) ##D is placed within the ##RS/##RE range.
C) The user did not refresh data.
D) ##s and ##d were used.
E) ##D Netincome was used.


4. You have the administrator role and want to give a user special administrative tasks. Which three tasks can be granted to the user role by the administrator? (Choose three.)

A) Audit report.
B) Add query to Excel.
C) Create sections for the report.
D) Modify properties of an object.
E) Assign tasks to user.


5. A customer wants to use Word macros in FSR for reporting purposes. What are two ways to do this? (Choose two.)

A) individually at each object level
B) while exporting all Excel objects
C) while generating selected sections
D) in the Tools > View Macro Definitions window


Solutions:

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

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