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Updated: Sep 03, 2026
No. of Questions: 60 Questions & Answers with Testing Engine
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IBM COG-706 Exam Overview:
| Certification Vendor: | IBM |
|---|---|
| Exam Name: | IBM Cognos Financial Statement Reporting Developer |
| Exam Number: | COG-706 |
| Exam Format: | Scenario-Based, Multiple Choice |
| Passing Score: | 70% |
| Exam Price: | Approx. $200 USD |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Real Exam Qty: | 60 |
| Certificate Validity Period: | 3 years |
| Related Certifications: | IBM Cognos Certification |
| Recommended Training: | IBM Cognos FSR Training |
| Exam Registration: | Replacement Exam C2020-706 |
| Sample Questions: | IBM COG-706 Sample Questions |
| Exam Way: | Retired; previously available via Pearson VUE |
| Pre Condition: | Basic knowledge of financial reporting and IBM Cognos environment |
IBM COG-706 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Calculations & Validation | 20% | - Build formulas and business rules - Create validation and reconciliation rules - Detect and resolve errors |
| Topic 2: Data Integration & Querying | 25% | - Refresh and update data - Use query and report variables - Import data from OLAP and relational sources |
| Topic 3: Report Generation & Distribution | 10% | - Generate final financial statements - Export to Word, PDF, Excel formats - Manage roll-forward and period updates |
| Topic 4: Report Structure & Design | 25% | - Formatting and layout controls - Define sections, chapters, and objects - Create and manage report templates |
| Topic 5: FSR Environment & Configuration | 20% | - Set up workspaces and security - Define data connections and sources - Install and configure FSR components |
IBM Cognos Financial Statement Reporting Developer Sample Questions:
Question 1
A company compiled its 2010 Q2 quarterly report using an OLAP data source and a query variable for the quarter. They are now performing a rollover from the 2010 Q2 quarterly report to the 2010 Q3 quarterly report. How do you ensure that the OLAP connection for the new Q3 quarterly report will be updated with data from 2010 Q3?
A. Change the ##R variable for the quarter to Q3.
B. Update the value of the quarter field in the OLAP connection to Q3.
C. Change the ##S variable for the quarter to Q3.
D. Change the value for the quarter query variable from Q2 to Q3.
Question 2
After successfully installing the FSR client software on a user's desktop, the user is unable to generate any reports. Which two prerequisites, if missed, would cause this behavior? (Choose two.)
A. Microsoft Word
B. Microsoft PowerPoint
C. Microsoft Excel
D. SQL Server client tools
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. Create sections for the report.
B. Audit report.
C. Modify properties of an object.
D. Assign tasks to user.
E. Add query to Excel.
Question 4
What are two section level variables available in FSR? (Choose two.)
A. Note Variables
B. Block Variables
C. TOC Heading Variables
D. Note Left (##NL)
Question 5
FSR has numerous ways to bring data into Excel objects into the Database tab.What are three valid methods? (Choose three.)
A. database query
B. query variables
C. Account Hierarchy
D. OLAP cube
E. Excel file
Solutions:
| Question 1 Answer: D | Question 2 Answer: A,C | Question 3 Answer: B,C,E | Question 4 Answer: A,C | Question 5 Answer: C,D,E |
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