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COG-605 Questions and Answers
An administrator needs to build a report that compares balance sheet accounts for different periods. The report needs to be run quickly for what-if scenarios throughout the year. What report would best meet this need?
- Intercompany reports with drilldown
- Report book built in the Controller application
- Trial Balance with Drilldown report exported to Excel
- Excel Link report that uses Controller functions and paste codes
An administrator has created a non-integrated movement account to track the closing balance of machinery and equipment. What must the administrator specify for both the base account and the movement account to ensure that the data is entered correctly?
- Reconciliation code
- Conversion code
- Intercompany code
- Investments code
In addition to using automatic journals, what is the other way in which intercompany journals can be eliminated?
- Run the Reconcile Opening Balances function after consolidation.
- Activate counter dimensions in the account structure.
- Eliminate balances manually using company and group journals.
- Generate a group adjustment company in the company structure.
How is data entered into company journals in Controller?
- Enter journals as detailed entries in the Company Journals window or as drill down details in the Reported Values window.
- Enter journals as detailed entries in the Company Journals window or as summation values per account type in the Reported Values window.
- Enter journals as detailed entries in the Company Journals window or as adjustment columns in the data entry form.
- Enter journals as detailed entries in the Company Journals window or upload the entries in the Reported Values window.
An administrator wants to make it easier for end users to enter data into account 1310 (Investments in Subsidiaries) by enabling the investment register. What investments code must the administrator specify for this account?
- I - in Group Companies
- E-in External Companies
- P - Purchase Method
- E - Equity Method
Company ABC has a 20 line year-end journal entry in journal 101. Several other entities would like to use these journal entries for their new fiscal year. However, all of the entities already have a journal 101. How can the administrator use the journal entries in journal 101 for ABC without overwriting the other entities' own journals?
- Copy journal101 into an automatic journal for other entities
- Copy journal101 into a new journal type for other entities, and include year ending rules
- Manually enter the journal entries into a new journal type on company ABC, and copy the journal type to the other entities
- Manually enter a new journal entry in the other entities' existing journal type.
An administrator is setting up an account structure for a Controller application. The administrator is going to reconcile the values in account 8999 (Profit and Loss for the Year) against those in account 2099 (Net Profit). In the screen capture below, what does the + code indicate?
- This year's closing balance will be copied during reconciliation
- The previous year's closing balance will be copied during reconciliation
- Reconciliation will be performed for the same period and actuality
- Reconciliation will be performed for the previous closing balance and actuality
When creating a company, the administrator selects a consolidation type. What does the consolidation type allow the administrator to do?
- Use the same company in different structures
- Specify local currency for a subsidiary
- Create accounts
- Create extended dimensions
End users want to enter data into the Controller system through data entry forms. The administrator wants to create a form for these users, and wants to be able to include any combination of actualities, periods, accounts, and dimensions on the rows and columns. What type of form must the administrator create?
IBM COG-605 Exam (IBM Cognos 10 Controller Developer) Detailed Information
C2020-605 Test Information / Examination Information
Number of questions : 94
Time allowed in minutes: 120
Required passing score : 65%
Languages : English
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