Download IBM Cognos 10 Controller Developer.C2020-605.TestInside.2018-10-31.49q.vcex

Vendor: IBM
Exam Code: C2020-605
Exam Name: IBM Cognos 10 Controller Developer
Date: Oct 31, 2018
File Size: 397 KB
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Demo Questions

Question 1
End users report data on a weekly basis. They want to be able to work with as many weeks as possible in a single fiscal year. When configuring the application, 
what is the maximum number of weeks that an administrator can specify for a year? 
  1. 52
  2. 53
  3. 12
  4. 13
Correct answer: B
Question 2
How can currency conversion be verified after running a consolidation?
  1. Check the log report that appears after consolidation is run.
  2. Execute the calculation report created for currency conversion.
  3. Run the Currency Conversion report for the group company.
  4. Run the journals across report for the group after consolidation.
Correct answer: C
Explanation:
Question 3
The administrator activated the Set Status for Submission to Ready After Reconciliation and the Use Period Locking on Company Level. What is the effect?
  1. Submissions and reconciliations are locked and company status is set to ready
  2. Company status is set to ready and submissions and reconciliations are started
  3. Company status is set to ready and submissions are locked if reconciliations cleared
  4. Submission is allowed only once per company when status is set to ready
Correct answer: C
Question 4
Why is the offset account for certain investment elimination control tables the same?
  1. So that investment and intercompany eliminations are able to perform the same calculations
  2. So that automatic journals make a zero sum in the offset account in the consolidated group
  3. So that currency conversion is easily performed and reconciled in the consolidated group
  4. So that when the administrator copies opening balances to another period, the administrator can reconcile and differences
Correct answer: B
Question 5
When importing external data files using import specification, which of the following are compulsory fields in the upload file?
  1. Period, Consolidation Type. Company, Submission, Account, Amount
  2. Period, Actuality, Company, Currency, Account, Amount
  3. Period, Actuality,Company,Consolidation Type, Account, Amount
  4. Period,Submission, Company,Currency,Account, Amount 
Correct answer: B
Question 6
An administrator is creating a standard data entry form for end users. On which tab must the administrator specify the type of information that will be shown on the rows and columns of the form? 
  
  1. Axes tab
  2. Reorder tab
  3. Process Layouts tab
  4. Lock tab
Correct answer: A
Question 7
The administrator has generated a group adjustment company (GAC). Which of the following actions will a user be able to perform with the GAC? 
  1. Eliminate investments using automatic journals
  2. Enter reported value adjustments using a data entry form
  3. Enter data into group journals
  4. Create company journals
Correct answer: C
Question 8
Why would a Controller administrator create a form set?
  1. To enable end users to enter data for a particular extended dimension
  2. To enable end users to enter data for a particular account
  3. To enable end users to enter data for a particular submission
  4. To enable end users to enter data for a particular company
Correct answer: C
Question 9
In how many submissions can a form be included for the same actuality and period?
  1. 6
  2. 1 
  3. 10
  4. no limitation
Correct answer: B
Question 10
The administrator notices that each party to an intercompany transaction uses a different cost center in the same transaction. 
What does the administrator need to include to match cost centers?
  1. Calculation Account
  2. Conversion Method
  3. Counter Dimension
  4. Reversing Journal
Correct answer: C
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