IBM C2020-706 : IBM Cognos Financial Statement Reporting Developer

C2020-706 real exams

Exam Code: C2020-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated: May 26, 2026

Q & A: 60 Questions and Answers

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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. Click the Exhibit button.

When using the FSR data load methods for an Excel file the cursor must be within the Database tab within the Excel object. If an existing data link exists, which selection on the FSR toolbar shown in the exhibit should be selected to edit this data link completely?

A) A
B) C
C) B
D) D


2. The "Select the custom group to display" dropdown list in the Select Report dialog allows a user to filter the objects that will display when a report is loaded. How can this be enabled for a user?

A) in the Task Permissions list in the Users table
B) in the Tools > Report Setup window
C) in the Report Summary node of the report
D) on the user's machine, a configuration key will need to be added to the FSR configuration file


3. You want to connect to an external Excel file using the data load method.Which two selections should you perform to accomplish this? (Choose two.)

A) The range selected should only contain what is needed for the report.
B) The range of numbers should be rounded at the source Excel file externally from FSR if possible.
C) The range should contain links to multiple Excel spreadsheets and multiple workbook sheets outside of FSR.
D) The ranges should contain as many V-Lookup formulas as possible.


4. 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) Combine multiple validation checks within one ##R validation rule.
D) Ensure you are implementing chain linking.


5. When selecting automatic note numbering, it is important to use a correct note variable naming convention. You should choose a note variable name that corresponds to the line item that will contain the note. For example, if a note will correspond to the line item: receivables from affiliated parties, you would use ##RAP. Using this logic, which two choices are valid note variables? (Choose two.)

A) ##IRE
B) ##PEOC
C) ##WR
D) ##IACS


Solutions:

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

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