IBM Cognos 10 Controller Developer - C2020-605 Exam Questions [2026]

QUESTION NO: 1
Company BAG uses the Method 1 currency conversion. Which of the codes shown below should be assigned to the following accounts: Patents, Work in Process Inventory, Raw Materials Costs, Advertising and Promotions, and Common Stocks Equity?

A. Patents -D; Work in Process Inventory -D; Raw Materials Costs-B, Advertising and Promotions -B;Common Stocks Equity-N B. Patents -D; Work in Process Inventory- D; Raw Materials Costs-B; Advertising and Promotions -B; Common Stocks Equity-E C. Patents - B; Work in Process Inventory- B; Raw Materials Costs - D; Advertising and Promotions - D; Common Stocks Equity-E D. Patents - B; Work in Process Inventory- B; Raw Materials Costs - B; Advertising and Promotions - D; Common Stocks Equity-N

Correct Answer: C

QUESTION NO: 2
What is the purpose of the advanced account view setting?

A. It shows the account codes, accountnames, and related companies in the Define Account Structure window B. It shows the account codes, account long names, and account short names in a flat list view in the Define Account Structure window. C. It shows the account codes, account names, and related forms in the Define Account Structure window. D. It shows the account codes, account names and summation rules in a tree structure view in the Account Structure window.

Correct Answer: D

QUESTION NO: 3
When creating an integrated movement account, what must an administrator connect to the base account?

A. Closing balance of the movement account B. Closing balance of the company journal C. One or more extended dimensions D. One or more company structures

Correct Answer: A

QUESTION NO: 4
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?

A. When to translate different types of acquisition values B. When to eliminate different types of acquisition values C. The proportion of acquisition values that should be eliminated D. Where to place the result of the elimination of different types of acquisition values

Correct Answer: D

QUESTION NO: 5
A Controller administrator can enter which of the following combinations of currency rates for a given period and actuality?

A. Opening Period Rate, Current Period Rate, Closing Rate B. Average Quarterly Rate, Current Rate, Historical Rates C. Average Year Rate, Average Period Rate, Closing Rate D. Opening Period Rate, Average Period Rate, Closing Rate

Correct Answer: C

QUESTION NO: 6
How can an administrator configure Controller in such a way that intercompany balances will be eliminated automatically?

A. Set up the group journal to eliminate intercompany balances and configure company journals for each intercompany pairing. B. Run a consolidation by steps and then look at the Reconcile Intercompany Balances report for the group company. C. Run a consolidation with status and then look at the Reconcile Intercompany Balances report for the group company. D. Setup the automatic journal to eliminate intercompany balances and configure control tables for each intercompany pairing.

Correct Answer: D

QUESTION NO: 7
A Controller administrator wants to track the changes between opening and closing balances of goodwill. What type of account must the administrator create?

A. Movement account B. Intercompany account C. Statistical account D. Acquisition account

Correct Answer: A

QUESTION NO: 8
In Controller's General Configuration, an administrator can specify that reconciliation is to be performed by journal type on what other basis can reconciliation be performed?

A. by structure version B. by closing version C. by company structure D. by form structure

Correct Answer: B

QUESTION NO: 9
The administrator is consolidating for the first time and sees that consolidation can be run either with status or by steps. What is a difference between consolidating by steps andconsolidating with status?

A. Consolidating with status has a reconciliation process and status handling B. Consolidating with status performs currency conversion using forms. C. Consolidating by steps eliminates intercompany balances automatically. D. Consolidating by steps performs currency conversion using only code I.

Correct Answer: A

QUESTION NO: 10
How can currency conversion be verified after running a consolidation?

A. Check the log report thatappears after consolidation is run. B. Run the journals across report for the group after consolidation. C. Execute the calculation report created for currency conversion. D. Run the Currency Conversion report for the group company.

Correct Answer: D