[Free] 2018(Jan) EnsurePass Passguide IBM C2020-605 Dumps with VCE and PDF 11-20

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IBM Cognos 10 Controller Developer

Question No: 11

Which currency conversion code is commonly used for Pamp;L accounts and takes the average year rate from the currency register?

  1. Conversion Code D

  2. Conversion Code Z

  3. Conversion Code M

  4. Conversion Code X

Answer: C

Question No: 12

AController administrator wants users to be able to enter data regarding investments in subsidiary companies. These companies are not external to the group company. What properties must the administrator specify for the relevant accounts?

  1. Intercompany code A

  2. Intercompany code A and investment code I

  3. Investment code I

  4. Intercompany code I and investment code I

Answer: B

Question No: 13

Which of the following can be done using the Excel link?

  1. Input currency rates into Controller

  2. Input intercompanyprofit control tables into Controller

  3. Input shareholdings and investment details into Controller

  4. Input reported values into Controller

Answer: D

Question No: 14

An administrator created a company journal. The administrator then added several transactions to the journal. The accounts in these transactions use currency conversion code I. By default, if there is no amount for the previous year (no local amount or converted amount), what rate is used to convert the local amount for the current year?

  1. The previous year#39;s closing rate

  2. The previous year#39;s opening rate

  3. The previous year#39;s average rate

  4. The previous year#39;s data is not used

Answer: A

Question No: 15

What is the purpose of the offset account in control tables?

  1. It reconciles currency conversion differences resulting from journals.

  2. It is where investment and eliminationdetails are inputted.

  3. It is where differences resulting from automatic journals are booked.

  4. It allows the user to activate and enable intercompany journals.

Answer: C

Question No: 16

When is a group company used?

  1. When manual journals are needed

  2. When many parent companies are needed

  3. When consolidated figures need to be stored

  4. When automatic journals need to be created

Answer: C

Question No: 17

What is the best practice for ensuring that an Excel Link report runs efficiently after upgrading the report for a new Controller release?

  1. Insert all Cognos Controller functions into a single data sheet.

  2. Delete the buffer memory.

  3. Convert the Excel Link report to an Analysis Studio report.

  4. Add the worksheets (in numerical order) to a Controller report book.

Answer: A

Question No: 18

If reconciliation needs to be carried out on an active/passive option for the accounts in a Balance Sheet form, which form property should be used?

  1. Automatic Calculation (enable)

  2. Balance Control within Form

  3. Reconciliation settings – Difference per Row

  4. Reconciliation settings-Total Difference

Answer: B

Question No: 19

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 matchcost centers?

  1. Calculation Account

  2. Conversion Method

  3. Counter Dimension

  4. Reversing Journal

Answer: C

Question No: 20

An administrator wants to import data from a flat file into the Controller system. Which of the following is a valid field ina data import file?

  1. Consolidation Type

  2. Contribution version

  3. Submission

  4. Account

Answer: D

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