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IBM COG-706 : IBM Cognos Financial Statement Reporting Developer

Exam Code: COG-706

Exam Name: IBM Cognos Financial Statement Reporting Developer

Updated: May 31, 2026

Q & A: 60 Questions and Answers

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IBM Cognos Financial Statement Reporting Developer Sample Questions:

1. An end user is the assigned user in the Page Setup object. The user would like to edit the margins, but the message, "You don't have permission to save the changes of object content. " is displayed. What is the reason for this message?

A) The user does not have write permissions to the FSR database.
B) The Excel sheet is protected.
C) In the workflow, the current stage is not set to "Editable".
D) The workflow due date for the object is in the past.


2. FSR was successfully installed at a client site. All users who will be using the application have been created and are currently using the product. A new user joined the team so a new account was created and flagged as an FSR user. Now all users are receiving "The number of Clarity FSR users exceeds the number of licenses you have purchased" message. What is the problem?

A) The FSR license needs to be re-applied since there is now a new user.
B) The user will need to change the FSR registry key to enable FSR access.
C) The client's license is now being exceeded by the new user.
D) The new user has not been given any permissions in SQL Server.


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


4. The "Select the custom group to display" dropdown list in the Select Report dialog allows a user to filter the objects that will display when a report is loaded. How can this be enabled for a user?

A) on the user's machine, a configuration key will need to be added to the FSR configuration file
B) in the Report Summary node of the report
C) in the Task Permissions list in the Users table
D) in the Tools > Report Setup window


5. Why are OLAP variables used in FSR?

A) OLAP variables can be defined locally within a given object and once applied, queries can fully automate the roll forward process.
B) OLAP variables can be defined globally for a given report and once applied, data loads will be automated each time Refresh Data is selected.
C) OLAP variables can be defined globally for a given report and once applied, query variables can fully automate the roll forward process.
D) OLAP variables can be defined locally within a given object and once applied, data loads will be automated each time Refresh Data is selected.


Solutions:

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

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