IBM Cognos Financial Statement Reporting Developer : COG-706

COG-706 pass collection

Exam Code: COG-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated: May 26, 2026

Q & A: 60 Questions and Answers

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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. A company has recently purchased the XBRL module to enable them to submit their latest financial results to the appropriate government financial reporting body. Which two steps need to be taken to install this module? (Choose two.)

A) Install the updated license key to enable XBRL/XET at the server level.
B) Create an XBRL template and assign a user access to this template.
C) From the User Administration screen, enable the XBRL and XET options for the user who will be submitting the reports.
D) Download the latest release of XBRL from Customer Care and install it on the desktop of the user who will be submitting the reports.


2. A customer wants to use Word macros in FSR for reporting purposes. What are two ways to do this? (Choose two.)

A) while exporting all Excel objects
B) in the Tools > View Macro Definitions window
C) individually at each object level
D) while generating selected sections


3. When setting up a Word object, what are three document types? (Choose three.)

A) Footer
B) Normal
C) Table
D) Header
E) Image


4. An administrator has built a global workflow for eight users. However, 10 users have access to the FSR application. How can the administrator restrict viewing access of the objects to the two users that are not part of the global workflow?

A) In the Users table, select the user to restrict; in the "Filter By" dropdown menu, select "By Workflow".
B) In the Tools > Report Setup window make the changes.
C) In the Users table, select the user to restrict; in the "Filter By" dropdown menu, select "None".
D) In the Users table, select the user to restrict; in the "Filter By" dropdown menu, select "By Visibility".


5. 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) ##s and ##d were used.
C) ##D Netincome was used.
D) ##S Netincome was used at the source.
E) ##D is placed within the ##RS/##RE range.


Solutions:

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

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