IBM Cognos Financial Statement Reporting Developer : C2020-706 Exam Questions

  • Exam Code: C2020-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: Aug 21, 2026
  • Q&As: 60 Questions and Answers

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IBM C2020-706 Exam Syllabus Topics:

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

1. FSR users at a company are using a 1 inch margin throughout their report. The users want to maintain a standard margin for all Excel tables. What will the FSR users at the company need to do?

A) All the tables should be created in one Excel object.
B) Each Excel object has ##RS and ##RE tags around the print range.
C) All the objects are created with a standard 625 pixel count.
D) Page Setup margins in each Excel object will need to be manually set to 1 inch.


2. A client is ready to use the "Load Data" function and bring in data with a direct link to their source files. What are the data load menu options to do this?

A) Query Builder, Account Hierarchy, Word File
B) OLAP Cube, Excel File, and Account Hierarchy
C) Query Builder, OLAP Cube, and Relational Database
D) OLAP Cube, Word File, Account Hierarchy, Excel File


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


4. The report team finished their first draft of their report and now they would like to send a snapshot of this report for review. How would a user create a snapshot?

A) Generate the entire report and check the "Save as Snapshot" option.
B) Go to Tools > Snapshots, then select the "Save as Snapshot" option.
C) Use the "Create Snapshot" icon.
D) Every time a user saves, FSR will automatically create a new snapshot.


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


Solutions:

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

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