Try IBM : C2020-706 valid & accurate questions and answers

Last Updated: Jun 12, 2026

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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. A user has created a journal entry, but the net difference of the debits and credits is not equal to zero. How can the user adjust the amounts?

A) Click Edit Journal Entry and edit the debit/credit amount for an entry.
B) Export the journal entries, fix the amount in the generated Excel file and re-import the file.
C) Click the Reverse Journal Entry button.
D) Delete the journal entry and create a new one.


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


3. After an installation is completed, a user tries to log in to the FSR database and is successful. Since the initial database is empty, there are no sample reports to try. During the installation, you were prompted to enter a Demo database. How can this user gain access to the Demo database since it does not appear in the dropdown list when logging into FSR?

A) The FSR, administrators will have to provide access to the Demo database to this user from the User Admin tool.
B) You can only connect to one database at a time; if a second connection is required, you will need to re-run the client installation.
C) You will manually need to edit the FSR configuration file to add this entry for each user that will want access to the Demo database.
D) To add another entry, click on the database and server field and enter the new values.


4. A client is ready to use the "Load Data" function and bring in data with a direct link to their source files. What are the data load menu options to do this?

A) Query Builder, Account Hierarchy, Word File
B) Query Builder, OLAP Cube, and Relational Database
C) OLAP Cube, Word File, Account Hierarchy, Excel File
D) OLAP Cube, Excel File, and Account Hierarchy


5. A company is using a load data method to access live data from their Excel spreadsheet located on a network drive. To distribute data throughout the report, which two would be used? (Choose two.)

A) Import
B) ##S/##D
C) ##SL
D) Excel cell reference


Solutions:

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

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