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IBM IBM Cognos COG-706

COG-706

Exam Code: COG-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated Time: Aug 11, 2026

Q & A: 60 Questions and Answers

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IBM COG-706 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Deployment- Report Creation
  • 1. Financial statement report building
    • 2. Drill-through and interactive reports
      - Distribution and Scheduling
      • 1. Report scheduling and automation
        • 2. Output formats and distribution methods
          Topic 2: IBM Cognos Financial Statement Reporting Overview- Architecture and Components
          • 1. Financial reporting data flow
            • 2. Cognos Controller integration concepts
              - Security and Access Model
              • 1. User roles and permissions
                • 2. Data access security configuration
                  Topic 3: Data Integration and Management- Data Transformation
                  • 1. Mapping financial accounts
                    • 2. Data validation and reconciliation
                      - Data Sources
                      • 1. External financial systems integration
                        • 2. Cognos Controller data sources
                          Topic 4: Financial Statement Design and Development- Report Structure Design
                          • 1. Hierarchical financial reporting structures
                            • 2. Balance sheet and income statement layout design
                              - Business Rules and Calculations
                              • 1. Consolidation rules and adjustments
                                • 2. Financial logic implementation

                                  IBM Cognos Financial Statement Reporting Developer Sample Questions:

                                  1. Upon generating the balance sheet Excel object, an end-user realizes that the generated balance sheet object is not generated with the line items containing zeros. Why does this happen?

                                  A) The items do not have the ##NL and ##SL in the column.
                                  B) FSR automatically suppresses the line items with zeros.
                                  C) The line items containing zeros need to be merged.
                                  D) Dollar ($) signs need to be placed in separate columns.


                                  2. A user is retrieving data from 2009 and 2010 using an OLAP connection. How can the retrieval be automated so when the report is rolled over to 2011, data from 2011 and 2010 will be retrieved?

                                  A) Set up note variables for both the current and prior years.
                                  B) Set up ##GSD variables for both the current and prior years.
                                  C) Set up query variables for both the current and prior years.
                                  D) Set up ##S variables for both the current and prior years and use ##D to retrieve the data.


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


                                  4. A client is loading data from an Excel spreadsheet but is not certain whether to enable the Allow query variables in the path and sheet name. What do you tell the client?

                                  A) This feature will enable you to link data across reports.
                                  B) This should never be enabled; it is not a supported function in the current version.
                                  C) This feature will provide a dynamic link to Excel source files during the rollover process.
                                  D) This feature needs to be used to be able to load an Excel sheet; if it is not selected, the user will receive an error when trying to complete the load.


                                  5. You want to define the table of contents heading and must create a TOC heading variable. In which two areas must you place the TOC heading variable? (Choose two.)

                                  A) the object properties
                                  B) the section properties
                                  C) the table of contents of a Word or Excel object
                                  D) the page setup Word object


                                  Solutions:

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

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