2018 Jan IBM Official New Released C2020-605
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IBM Cognos 10 Controller Developer

Question No: 21

When creating an integrated movement account, what must an administrator connect to the base account?

  1. Closing balance of the movement account

  2. One or more company structures

  3. One or more extended dimensions

  4. Closing balance of the company journal

Answer: A

Question No: 22

How can currency conversion be verified after running a consolidation?

  1. Check the log report thatappears 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.

Answer: C

Question No: 23

In order to accurately store the data in the Controller system,an administrator wants to combine each period#39;s reported values with one or more journal types, as necessary. To do this, what must the administrator create?

  1. A form set

  2. A company type

  3. A closing version

  4. A control table

Answer: C

Question No: 24

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

Answer: C

Question No: 25

The Trial Balance with Drilldown shows a million dollar intercompany difference. Where can the administrator identify this difference?

  1. Run the Intercompany Accounts report for the group

  2. Run the calculation report for intercompany balances

  3. Run the Reconcile Intercompany Balances report for the group

  4. Run the Ledger Report for the intercompany profit account

Answer: C

Question No: 26

An administrator wants to eliminate acquisition values beforeconsolidating the data in the Controller system. To do this, the administrator has created an acquisition control table. What does this control table determine?

  1. Where to place the result of the elimination of different types of acquisition values

  2. When to eliminate different types of acquisition values

  3. When to translate different types of acquisition values

  4. The proportion of acquisition values that should be eliminated

Answer: A

Question No: 27

Why is the offset account for certain investment elimination control tables the same?

  1. So that investment and intercompany eliminations are able toperform 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 copiesopening balances to another period, the

administrator can reconcile and differences

Answer: B

Question No: 28

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?

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  1. This year#39;s closing balance will be copied during reconciliation

  2. The previous year#39;s closing balance will be copied during reconciliation

  3. Reconciliation will be performed for the sameperiod and actuality

  4. Reconciliation will be performed for the previous closing balance and actuality

Answer: C

Question No: 29

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 enterdata 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

Answer: C

Question No: 30

What is the importance of defining a start period for acquisition calculations?

  1. It is the first step in the process of activating and configuring control tables for acquisition calculations and running reports.

  2. It ensures that the system calculates opening balances after the first period correctly since the first period has no opening balances.

  3. It allows a user to view acquisition calculations for a company in the Trial Balance with Drilldown report at the group level.

  4. It is the first step before executing Automatic Journals – Acquisition Calculations when consolidating bysteps.

Answer: B

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