C2020-605: IBM Certified Developer – Cognos 10 Controller

Exam Name: IBM Certified Developer – Cognos 10 Controller

Exam Code: C2020-605

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IBM C2020-605 Exam Summary:

Exam Name IBM Certified Developer – Cognos 10 Controller
Exam Code  C2020-605
Exam Duration  120 minutes
Exam Questions  94
Passing Score  65%
Exam Price   $200 (USD)
Training  IBM Cognos Controller: Develop Applications (V10.2)
IBM Cognos Controller: Develop Applications (V10.2) SPVC
Sample Questions   IBM Cognos Controller Developer Certification Sample Question
Practice Exam   IBM Cognos Controller Developer Certification Practice Exam

IBM C2020-605 Exam Topics:

Objective Details 
Create Company Structures (5%) – Distinguish between the company types

– Describe how consolidation types settings affect the company structures
Create Account Structures (12%)

– Describe how reconciliation between accounts settings handles reconciliation of opening balances

– Describe the effect of entering an investment code for an account

– Describe a scenario for using movement accounts

– Identify how to generate movement accounts

– Describe the effect of using statistical and non-statistical account types for movement accounts

– Identify how integrated and non-integrated movement accounts affect reconciliation

– Describe the benefits of connecting extended dimensions to accounts

Set up General Configuration (14%) – Distinguish between weekly/daily actualities and linked actualities

– Describe the effect of enabling the advance account view setting

– Describe the benefits of using multiple submission

– Describe the effect of enabling Set Status for Submission to Ready After Reconciliation

– Distinguish between reconciliation made by Journal Type and Closing Version

– Describe how the reporting status is affected by reconciliation settings Total Difference and Difference per Row

– Using Method 1, distinguish between currency conversion differences account1 and currency conversion differences account2

– Describe the impact of main settings and the reserves

– Explain the impact of changing account type settings
Enable Data Entry and Data Import (19%) – Distinguish between different form types

– Describe the purpose of forms sets

– Describe the impact of using multiple submissions with form sets

– Describe any of the functions of the Form Properties

– Describe how to use linked structures to limit data entry view

– Distinguish between using the data entry view and the Excel link to add data

– Describe the process of adding movement accounts to forms

– Describe a scenario for creating a link between forms

– Identify the different structures that can be imported and the process

– Identify the different ways that data can be imported into Controller

– Describe the process of creating an import specification
Create Journals and Closing Versions (5%)

– Define the relationship between journal type and closing version

– Identify the two ways to enter data into company journals

– Describe scenarios for copying journals from one period to another

– Determine impact of adjusting data on group journals versus company journals

Prepare for Currency Conversion (11%) – Identify when rules for currency conversion are defined

– Identify the workflow for converting foreign currency

– Using currency conversion Method 1, identify the commonly used currency codes for P&L accounts, Balance Sheet accounts, and Equity accounts

– Distinguish between the currency register and the historical register

– Describe a scenario for entering historical rates when a company rolls up to several group currencies

– Distinguish between currency conversion codes C and I when converting values for a company journal 
Configure the Control Tables (9%) – Explain the purpose of acquisition control tables

– Explain the purpose of intercompany elimination control tables

– Identify the process for enabling automatic journal entries

– Identify the impact of the offset account in control tables 
Eliminate and Reconcile Intercompany transactions and acquisitions (10%) – Identify when counter dimensions are used

– Identify the ways intercompany balances can be eliminated

– Identify the effect of storing intercompany adjustments as group journals

– Identify how to enter data in the investment register for subsidiaries and associated companies

– Explain scenarios when no balance control would be used in the investment register

– Describe the importance of defining a start period for acquisition calculations

– Describe the ways to run reports for reconciling data reported as intercompany balances

– Identify the impact of using Use Online Matching 
Consolidate a Group’s Reported Values (5%) – Distinguish between consolidating by steps and consolidating by status

– Identify the reports needed to analyze consolidation 
Secure the Application and the Data (4%) – Describe the benefits of creating security groups

– Describe the benefits of creating user rights

– Describe how using period locking at a company level affects the closing version

– Distinguish between locking the period for data entry only and locking the period entirely 
Create Reports to Analyze Data (6%) – Identify the performance considerations when creating reports

– Distinguish the benefits between creating a Report Generator report and an Excel Link report

– Describe the Report Conversion functionality when creating user-defined reports in Controller