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Updated: Sep 03, 2026

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IBM COG-706 Exam Overview:

Certification Vendor:IBM
Exam Name:IBM Cognos Financial Statement Reporting Developer C2020-706 Exam
Exam Number:C2020-706
Available Languages:English
Certificate Validity Period:2 years
Real Exam Qty:45-60
Related Certifications:IBM Data Analyst Certification
IBM Cognos Analytics Certification
Passing Score:60-70% (varies by exam version)
Exam Price:USD 200 (varies by region)
Exam Duration:90 minutes
Exam Format:Multiple Choice, Scenario-based Questions
Recommended Training:IBM Cognos Analytics Training
Exam Registration:IBM Certification via Pearson VUE
IBM Training & Certification Portal
Sample Questions:IBM COG-706 Sample Questions
Exam Way:Online proctored or test center via Pearson VUE
Pre Condition:Recommended experience with IBM Cognos Analytics and financial reporting concepts; no strict formal prerequisites published.
Official Syllabus URL:https://www.ibm.com/training/certification

IBM COG-706 Exam Syllabus Topics:

SectionObjectives
Financial Statement Reporting Concepts- Regulatory and compliance reporting basics
- Financial reporting structures
Cognos Analytics Fundamentals- Cognos architecture and components
- Data connectivity and sources
Data Modeling for Financial Reporting- Hierarchies and calculations
- Framework Manager / data modules
Report Development in Cognos- Prompt pages and filters
- Report creation and formatting
Financial Statement Design and Layout- Drill-through and navigation techniques
- Balance sheet and income statement design

IBM Cognos Financial Statement Reporting Developer Sample Questions:

Question 1

You have the administrator role and want to give a user special administrative tasks. Which three tasks can be granted to the user role by the administrator? (Choose three.)

A. Modify properties of an object.
B. Assign tasks to user.
C. Create sections for the report.
D. Audit report.
E. Add query to Excel.


Question 2

An end user is the assigned user in the Page Setup object. The user would like to edit the margins, but the message, "You don't have permission to save the changes of object content. " is displayed. What is the reason for this message?

A. The Excel sheet is protected.
B. In the workflow, the current stage is not set to "Editable".
C. The workflow due date for the object is in the past.
D. The user does not have write permissions to the FSR database.


Question 3

Validation rules that are created to reconcile the numbers throughout the report automatically bring a report validation screen upon the generation of the entire report. What is another way by which a user can verify the validation of an FSR report?

A. The users can click on Tools > Reference Variables.
B. The users can navigate to the report summary window to validate the report.
C. The users can navigate to the report setup for the validations.
D. The users can select Tools > Validate Report.


Question 4

How would the variable CASH be declared in a PPT file for an export from an Excel object?

A. <##D>CASH
B. ##D(CASH)
C. ##D{CASH\}
D. ##D


Question 5

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


Solutions:

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

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