IBM COG-706 : IBM Cognos Financial Statement Reporting Developer

  • Exam Code: COG-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: Oct 19, 2026
  • Q & A: 60 Questions and Answers

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IBM COG-706 Exam Syllabus Topics:

SectionObjectives
Topic 1: IBM Cognos Financial Statement Reporting Overview- Architecture and Components
  • 1. Financial reporting data flow
    • 2. Cognos Controller integration concepts
      - Security and Access Model
      • 1. User roles and permissions
        • 2. Data access security configuration
          Topic 2: Data Integration and Management- Data Sources
          • 1. External financial systems integration
            • 2. Cognos Controller data sources
              - Data Transformation
              • 1. Mapping financial accounts
                • 2. Data validation and reconciliation
                  Topic 3: Financial Statement Design and Development- Report Structure Design
                  • 1. Balance sheet and income statement layout design
                    • 2. Hierarchical financial reporting structures
                      - Business Rules and Calculations
                      • 1. Consolidation rules and adjustments
                        • 2. Financial logic implementation
                          Topic 4: Reporting and Deployment- Distribution and Scheduling
                          • 1. Output formats and distribution methods
                            • 2. Report scheduling and automation
                              - Report Creation
                              • 1. Drill-through and interactive reports
                                • 2. Financial statement report building

                                  IBM Cognos Financial Statement Reporting Developer Sample Questions:

                                  Question #1

                                  After generating the entire report, an FSR user realizes that a few of the tables are missing from the report. Which two statements are correct? (Choose two.)

                                  • A. The pixel count is incorrect.
                                  • B. The print option for that object is set to not printable.
                                  • C. The tables are missing a few line items.
                                  • D. Print tags ##RS and ##RE are not placed around the printing range.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,D  🗳️

                                  Question #2

                                  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. The user did not refresh data.
                                  • B. ##D is placed within the ##RS/##RE range.
                                  • C. ##S Netincome was used at the source.
                                  • D. ##D Netincome was used.
                                  • E. ##s and ##d were used.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,E  🗳️

                                  Question #3

                                  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. Add query to Excel.
                                  • C. Create sections for the report.
                                  • D. Audit report.
                                  • E. Assign tasks to user.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,D  🗳️

                                  Question #4

                                  You want to start page numbers in a footer object after the front page and table of contents sections. How would you adjust the page number in the object to do this?

                                  • A. In the TOC, change the footer page number to zero.
                                  • B. Use the object feature to adjust the number of pages between the front page and TOC from the page number.
                                  • C. Use the Word Options Advanced field codes feature to adjust the number of pages between the front page and TOC from the page number.
                                  • D. Use the bookmarks feature to adjust the number of pages between the front page and TOC from the page number.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  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 note variables for both the current and prior years.
                                  • B. Set up query variables for both the current and prior years.
                                  • C. Set up ##GSD variables for both the current and prior years.
                                  • D. Set up ##S variables for both the current and prior years and use ##D to retrieve the data.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

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