IBM Cognos Financial Statement Reporting Developer : COG-706 Exam

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


2. A user is creating a new FSR report and they are presented with a screen called "Global Variables". They have an option to fill in the physical and logical fields. What would happen if those values are left blank?

A) The report will be created properly.
B) Users will receive all zero amounts when loading data from a relational database.
C) Users will not be able to log into the report.
D) The report cannot be created.


3. A client is attempting to install the FSR databases to use in a testing scenario. Which three Microsoft SQL versions are currently supported? (Choose three.)

A) SQL Server 2008 R2
B) SQL Server 7 SP2
C) SQL Server 2005
D) SQL Server 2000 original release
E) SQL Server 2000 SP4


4. 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) Ensure that the query variables are not checked when selecting data from an OLAP cube.
B) Query variables are automatically added when connecting to 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.


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 ##GSD variables for both the current and prior years.
B) Set up note variables for both the current and prior years.
C) Set up query 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.


Solutions:

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

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