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IBM Cognos 10 Controller Developer

Question No: 51

Which of the following tools could be used to load data into the Controller staging tables?

  1. IBM Controller Import Specification wizard

  2. IBM Cognos Data Manager

  3. IBM Cognos Configuration

  4. IBM Cognos Controller Excel Link

Answer: B Explanation:

The administrator has generated a group adjustment company (GAC). Which of the following actions will a user be able to perform with the GAC?

  1. Eliminate investments using automatic journals

  2. Enter reported value adjustments using a data entry form

  3. Enter data into group journals

  4. Create company journals

Answer: C

Question No: 52

Currency conversion codes E and F in Controller both use the historical rates taken from the historical currency register or referenced from a specific account. How do they differ?

  1. In conversion code E. if there is no amount in the register, the account is converted at the average rate; in F, the account is converted at the closing rate

  2. In conversion code E. if there is no amount in the register, the account is converted at the closing rate; in F, the account is convertedat the average rate

  3. In conversion code E, if there is no amount in the register, the account is converted at the closing rate; in F, the conversion uses the same rate as opening balance

  4. In conversion code E. if there is no amount in the register, the account is converted at the period rate; in F, the conversion is calculated on a summation account

Answer: B

Question No: 53

Which of the following is true of the Excel Link?

  1. Only group journals for periods that have been initiated can be entered.

  2. Only reported values for periods that have been initiated can be entered

  3. Only intercompany values can be entered.

  4. Only shareholdings and investments can be entered.

Answer: B

Question No: 54

What happens when a main account type code is changed into a statistical account type code?

  1. The account will no longer be included in the standard reports.

  2. The account will be bypassed for balance control at data entry.

  3. The change is not permitted; Controller will show an error message andchange will not be saved.

  4. An error message will show in the Verify Structures – Check Account Structures Report.

Answer: B

Question No: 55

An administrator created multiple submissions for the period 0812. Why would an administrator create multiple submissions for the same period?

  1. To enter data from multiple companies

  2. To create multiple forms

  3. To enter data for different reportingoccasions

  4. To create a report book with different reports

Answer: C

Question No: 56

In additionto using automatic journals, what is the other way in which intercompany journals can be eliminated?

  1. Run the Reconcile Opening Balances function after consolidation.

  2. Activate counter dimensions in the account structure.

  3. Eliminate balances manually using company and group journals.

  4. Generate a group adjustment company in the company structure.

Answer: C

Question No: 57

How can an administrator validate company structures to ensure that they meet the application#39;s rules?

  1. Verify Structures menu

  2. Verify Companies menu

  3. Company structure log file

  4. Consolidation structures log file

Answer: A

Question No: 58

Which of the following best describes group journals in contrast to company journals?

  1. Group journals are not included in intercompany eliminations and values are stored in a group adjustment company.

  2. Group journals are included in acquisition calculations and data is stored on each company concerned

  3. Group journals handle all group transactions that are eliminated automatically; data is stored in a group adjustment company.

  4. Group journals handle only group transactions; data is stored on each company concerned.

Answer: A

Question No: 59

How can an administrator configure Controller in such a way that intercompany balances will be eliminated automatically?

  1. Setup the automatic journal to eliminate intercompany balances and configure control tables for each intercompany pairing.

  2. Set up the group journal to eliminate intercompany balances and configure company journals for each intercompany pairing.

  3. Run a consolidation by steps and then look at the Reconcile Intercompany Balances report for the group company.

  4. Run a consolidation with status and then look at the Reconcile Intercompany Balances report for the group company.

Answer: A

Question No: 60

An administrator wants to enhance data analysis by adding extended dimensions to the Controller application (for example, torepresent the products that the company sells). What is the maximum number of levels for extended dimensions that the administrator can add to the system?

  1. 5

  2. 4

  3. 6

  4. 3

Answer: C

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