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Last Updated: Sep 21, 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: | COG-706 |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 60 |
| Exam Format: | Multiple Choice, Scenario-Based |
| Passing Score: | 70% |
| Certificate Validity Period: | 3 years |
| Related Certifications: | IBM Cognos Certification |
| Available Languages: | English |
| Exam Price: | Approx. $200 USD |
| Recommended Training: | IBM Cognos FSR Training |
| Exam Registration: | Replacement Exam C2020-706 |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Retired; previously available via Pearson VUE |
| Pre Condition: | Basic knowledge of financial reporting and IBM Cognos environment |
| Section | Weight | Objectives |
|---|---|---|
| Data Integration & Querying | 25% | - Import data from OLAP and relational sources - Refresh and update data - Use query and report variables |
| Calculations & Validation | 20% | - Detect and resolve errors - Build formulas and business rules - Create validation and reconciliation rules |
| FSR Environment & Configuration | 20% | - Define data connections and sources - Set up workspaces and security - Install and configure FSR components |
| Report Structure & Design | 25% | - Create and manage report templates - Define sections, chapters, and objects - Formatting and layout controls |
| Report Generation & Distribution | 10% | - Manage roll-forward and period updates - Export to Word, PDF, Excel formats - Generate final financial statements |
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.)
Correct Answer: A,B,E 🗳️
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.)
Correct Answer: B,D 🗳️
While creating the hierarchy in the Account Hierarchy feature, an end-user realizes that accounts have not been entered in the correct order. Which statement is correct?
Correct Answer: B 🗳️
What are two section level variables available in FSR? (Choose two.)
Correct Answer: A,B 🗳️
A user created a snapshot of a report. Now they would like to send this snapshot for approval. How would a user view the snapshot that was created?
Correct Answer: A 🗳️
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