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  • Exam Code: COG-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: May 27, 2026
  • Q & A: 60 Questions and Answers
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  • Exam Code: COG-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: May 27, 2026
  • Q & A: 60 Questions and Answers
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  • Exam Code: COG-706
  • Exam Name: IBM Cognos Financial Statement Reporting Developer
  • Updated: May 27, 2026
  • Q & A: 60 Questions and Answers
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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. 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.


2. 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) Delete the journal entry and create a new one.
D) Click the Reverse Journal Entry button.


3. A client has started to load data from an OLAP cube through the "Load Data" function. The client wants to use query variables in the "Year" dimension. Which statement is correct?

A) Query variables are automatically added when connecting to an OLAP cube.
B) Ensure that the query variables are not checked when selecting data from an OLAP cube.
C) Check on the allow query variables, input the variables into the file path.
D) Query variables are added and edited in the OLAP data wizard.


4. To use a workflow rule, which two variables are required to be set up? (Choose two.)

A) ##IRS
B) ##WS
C) ##WR
D) ##WRI


5. A user is creating a chart in FSR and referencing it using a bookmark. What is the naming convention for the bookmark?

A) the WordObjectName and the name of the chart (e.g., WordObjectName_ChartName)
B) the WordObjectName and the name of the variable (e.g., WordObjectName_VariableName)
C) the ExcelObjectName and the name of the worksheet (e.g., ExcelObjectName_SheetName)
D) the ExcelObjectName and the name of the worksheet (e.g., ExcelObjectName-SheetName)


Solutions:

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

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