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IBM COG-706 Exam Overview:
| Certification Vendor: | IBM |
|---|---|
| Exam Name: | IBM Cognos Financial Statement Reporting Developer (COG-706) |
| Exam Number: | COG-706 |
| Exam Format: | Scenario-based questions, Multiple choice |
| Related Certifications: | IBM Cognos Analytics IBM Cognos Controller |
| Available Languages: | English |
| Sample Questions: | IBM COG-706 Sample Questions |
| Exam Way: | Computer-based exam (online or test center depending on IBM testing partner) |
| Pre Condition: | Basic knowledge of IBM Cognos Controller or financial reporting systems is recommended. |
IBM COG-706 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Deployment | - Distribution and Scheduling
|
| Topic 2: Financial Statement Design and Development | - Report Structure Design
|
| Topic 3: Data Integration and Management | - Data Transformation
|
| Topic 4: IBM Cognos Financial Statement Reporting Overview | - Architecture and Components
|
IBM Cognos Financial Statement Reporting Developer Sample Questions:
Question 1
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. ##s and ##d were used.
C. The user did not refresh data.
D. ##D Netincome was used.
E. ##D is placed within the ##RS/##RE range.
Question 2
An individual requests more information on the Account Hierarchy. Which statement is correct?
A. The Account Hierarchy is used to create workflow rules in 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 track the changes of an FSR report.
Question 3
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.
Question 4
Why are OLAP variables used in FSR?
A. OLAP variables can be defined locally within a given object and once applied, queries can fully automate the roll forward process.
B. OLAP variables can be defined globally for a given report and once applied, data loads will be automated each time Refresh Data is selected.
C. OLAP variables can be defined locally within a given object and once applied, data loads will be automated each time Refresh Data is selected.
D. OLAP variables can be defined globally for a given report and once applied, query variables can fully automate the roll forward process.
Question 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. ##PEOC
B. ##IRE
C. ##IACS
D. ##WR
Solutions:
| Question 1 Answer: B,C,E | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: A,C |
By Marian
