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Updated: Jul 24, 2026
No. of Questions: 60 Questions & Answers with Testing Engine
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| Certification Vendor: | IBM |
| Exam Name: | IBM Cognos Financial Statement Reporting Developer |
| Exam Number: | C2020-706 |
| Certificate Validity Period: | No expiration |
| Real Exam Qty: | 58-60 |
| Exam Price: | $200 USD (varies by region) |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple choice, Scenario-based, Drag and drop |
| Passing Score: | 70% |
| Related Certifications: | IBM Cognos Analytics Developer IBM Cognos Financial Statement Reporting Administrator |
| Available Languages: | English |
| Recommended Training: | IBM Cognos FSR Official Training IBM Knowledge Center |
| Exam Registration: | Pearson VUE IBM Exam Registration |
| Sample Questions: | IBM C2020-706 Sample Questions |
| Exam Way: | In-person at Pearson VUE test centers or online proctored exam |
| Pre Condition: | Basic knowledge of SQL, relational databases, financial reporting concepts, and IBM Cognos environment; recommended 6+ months of hands-on FSR experience |
| Official Syllabus URL: | https://www.ibm.com/certify/exams/C2020-706 |
| Section | Weight | Objectives |
|---|---|---|
| Installation and Configuration | 20% | - Installing and upgrading FSR - Security and user management - Database setup and configuration - System requirements and supported environments |
| Advanced Features and Troubleshooting | 10% | - Exporting and publishing reports - XBRL reporting functionality - Diagnosing and resolving common issues |
| Data Management | 25% | - Connecting to data sources - Using variables and query objects - OLAP and relational data integration - Importing and loading data |
| Report Design and Creation | 30% | - Building report structures and sections - Working with Excel and Word objects - Formatting financial statements - Including notes, disclosures, and charts |
| Workflow and Process Management | 15% | - Defining and managing workflows - Review and approval processes - Version control and rollover |
1. Why are OLAP variables used in FSR?
A) OLAP variables can be defined globally for a given report and once applied, data loads will be automated each time Refresh Data is selected.
B) OLAP variables can be defined locally within a given object 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, queries can fully automate the roll forward process.
D) OLAP variables can be defined globally for a given report and once applied, query variables can fully automate the roll forward process.
2. When setting up a Word object, what are three document types? (Choose three.)
A) Normal
B) Image
C) Header
D) Footer
E) Table
3. 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 generating selected sections
C) while exporting all Excel objects
D) in the Tools > View Macro Definitions window
4. 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) C
B) A
C) B
D) D
5. 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) Every time a user saves, FSR will automatically create a new snapshot.
D) Use the "Create Snapshot" icon.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,C,D | Question # 3 Answer: A,B | Question # 4 Answer: D | Question # 5 Answer: B |
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