FPM-200 Exam

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Exam : IBM FPM-200
Title : IBM Cognos 8 Controller Developer


1. 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?
A. This year's closing balance will be copied during reconciliation.
B. The previous year's closing balance will be copied during reconciliation.
C. Reconciliation will be performed for the same period and actuality.
D. Reconciliation will be performed to the previous year's closing balance.
Answer: C

2. The administrator has generated a group adjustment company (GAC). Which of the following actions will a user be able to perform with the GAC?
A. Eliminate investments using automatic journals.
B. Enter reported value adjustments using a data entry form.
C. Enter data into group journals.
D. Create company journals.
Answer: C

3. When creating a company, the administrator selects a consolidation type. What does the consolidation type allow the administrator to do?
A. Use the same company in different structures.
B. Create separate local currency on subsidiary.
C. Create accounts.
D. Create specific dimensions.
Answer: A

4. When is a group company used?
A. When manual journals are needed.
B. When many parent companies are needed.
C. When consolidated figures need to be stored.
D. When automatic journals need to be created.
Answer: C

5. How can an administrator validate company structures to ensure that they meet the application's rules?
A. Verify Structures menu
B. Validate Data menu
C. Company structure log file
D. Consolidation Types - Define menu
Answer: A

6. When using a non-manual consolidation type, when would the administrator update the consolidation structure?
A. When importing investments for a parent company.
B. When changing the company structure.
C. When adding an account.
D. When entering period data.
Answer: B

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