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Updated: Sep 11, 2026

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IBM C2020-706 Exam Overview:

Certification Vendor:IBM
Exam Name:IBM Cognos Financial Statement Reporting Developer
Exam Number:C2020-706
Exam Duration:90 minutes
Passing Score:70%
Real Exam Qty:58-60
Exam Format:Scenario-based, Multiple choice, Drag and drop
Exam Price:$200 USD (varies by region)
Available Languages:English
Certificate Validity Period:No expiration
Related Certifications:IBM Cognos Analytics Developer
IBM Cognos Financial Statement Reporting Administrator
Recommended Training:IBM Cognos FSR Official Training
IBM Knowledge Center
Exam Registration:Pearson VUE IBM Exam Registration
Sample Questions:IBM C2020-706 Sample Questions
Exam Way:In-person at Pearson VUE test centers or online proctored exam
Pre Condition:Basic knowledge of SQL, relational databases, financial reporting concepts, and IBM Cognos environment; recommended 6+ months of hands-on FSR experience
Official Syllabus URL:https://www.ibm.com/certify/exams/C2020-706

IBM C2020-706 Exam Syllabus Topics:

SectionWeightObjectives
Report Design and Creation30%- Formatting financial statements
- Working with Excel and Word objects
- Including notes, disclosures, and charts
- Building report structures and sections
Installation and Configuration20%- Security and user management
- System requirements and supported environments
- Database setup and configuration
- Installing and upgrading FSR
Workflow and Process Management15%- Review and approval processes
- Version control and rollover
- Defining and managing workflows
Advanced Features and Troubleshooting10%- Exporting and publishing reports
- XBRL reporting functionality
- Diagnosing and resolving common issues
Data Management25%- Connecting to data sources
- Importing and loading data
- OLAP and relational data integration
- Using variables and query objects

IBM Cognos Financial Statement Reporting Developer Sample Questions:

Question #1

An administrator is working on a quarterly report and needs to add the new custom group "Q2/Q3". Where can the administrator add this new group?

  • A. the custom group is added to the workflow for the object
  • B. in any FSR object of the report, open the "Set Customized Group" icon and add a new group to the list
  • C. in the "Customized Group" table under Administration > Resources
  • D. in the Report Summary node of the report
Answer: C
Question #2

A client made a mistake when they shared an object and copied it into a different report. They would like to unshare it. What should they do?

  • A. Delete the original object since it cannot be unshared and re-create it.
  • B. To unshare an object, a user must delete all the objects that are linked to it.
  • C. Simply unshare the "Share this object" checkbox.
  • D. Delete the copy of the shared object before you can unshare it.
Answer: B
Question #3

What are two primary reasons for a client to install the FSR Web Service application?
(Choose two.)

  • A. The client would like to prevent users from directly accessing the FSR databases using their Active Directory IDs.
  • B. The client would like to take some of the processing load off of the database server.
  • C. The client would like to use a service account for Authentication instead of using Active Directory groups to grant permissions against the databases.
  • D. The FSR Web Service is mandatory and must be installed to use the product.
Answer: A,C
Question #4

When selecting automatic note numbering, it is important to use a correct note variable naming convention. You should choose a note variable name that corresponds to the line item that will contain the note. For example, if a note will correspond to the line item: receivables from affiliated parties, you would use ##RAP. Using this logic, which two choices are valid note variables? (Choose two.)

  • A. ##IRE
  • B. ##PEOC
  • C. ##IACS
  • D. ##WR
Answer: B,C
Question #5

Upon generating the balance sheet Excel object, an end-user realizes that the generated balance sheet object is not generated with the line items containing zeros. Why does this happen?

  • A. The line items containing zeros need to be merged.
  • B. The items do not have the ##NL and ##SL in the column.
  • C. Dollar ($) signs need to be placed in separate columns.
  • D. FSR automatically suppresses the line items with zeros.
Answer: D

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