IBM C2020-605 - IBM Cognos 10 Controller Developer Exam
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Total 91 questions
Question #6 (Topic: )
What are the implementation steps required toconvert currency?
A. Plan the application, set up the application, verify the results, and consolidate the period data.
B. Define conversion rules, enter currency rates, select the currency conversion method, convert foreign currency, run reports.
C. Define and activate country codes, select the currency conversion method, convert foreign currency, run reports, build forms.
D. Define and activate currency codes, define conversion rules, configure company structures, enter currency rates, run currency conversion/consolidation with status.
Answer: D
Question #7 (Topic: )
Where do the values for the currency conversion difference account1 and account2 come
from?
from?
A. From reconciliation of automatic journals. Account1 records differences from BS accounts; account2 records differences from PL accounts.
B. From reconciliation of the reported version. The differences are recorded in the integrated reserves when using the current method.
C. From active/passive reconciliation. The positive or negative difference is calculated from the Balance Sheet.
D. Fromreconciliation of automatic journals. The differences are recorded in the non- integrated reserves when using the current method.
Answer: C
Question #8 (Topic: )
An administrator has created a non-integrated movement account to track the closing
balance of machinery and equipment. Whatmust the administrator specify for both the base
account and the movement account to ensure that the data is entered correctly?
balance of machinery and equipment. Whatmust the administrator specify for both the base
account and the movement account to ensure that the data is entered correctly?
A. Reconciliation code
B. Conversion code
C. Intercompany code
D. Investments code
Answer: A
Question #9 (Topic: )
The administrator is consolidating for the first time and sees that consolidation can be run
either with status or by steps. What is a difference between consolidating by steps
andconsolidating with status?
either with status or by steps. What is a difference between consolidating by steps
andconsolidating with status?
A. Consolidating with status performs currency conversion using forms.
B. Consolidating by steps eliminates intercompany balances automatically.
C. Consolidating with status has a reconciliation process and status handling
D. Consolidating by steps performs currency conversion using only code I.
Answer: C
Question #10 (Topic: )
A multi-page Excel Link report contains several Controller functions on every worksheet. In
order to improve performance when running the report, how should the functions be
organized in the report?
order to improve performance when running the report, how should the functions be
organized in the report?
A. Name the worksheets in alphabetical order and insert all functions on the last Excel worksheet.
B. Name the worksheets in alphabetical order and insert all functions on the first Excel worksheet
C. Functions should be split evenly between worksheets, and hidden in system columns A. B, and C.
D. Functions should be split evenly between worksheets. and hidden in system rows 1 to 27.
Answer: B
