IBM Cognos 10 Controller Developer Set 2

A Controller administrator wants to eliminate intercompany balances prior to consolidating the data. To do this, the administrator must create a control table. What must the administrator specify for this control table?

The administrator has booked an intercompany transaction using a group journal and is trying to see that transaction on each company, but cannot. What is the reason for this?

Company A has a reconciliation difference in Sales (income account) of -1,000. and a Cost of Sales (cost account) of 1,001. The general configuration indicates that the status will be updated based on Total Difference. The largest difference that will be accepted for reconciliation is 1,000. What is the status for Company A?

Company ABC uses the temporal method of currency conversion, whereby gains/losses on translation are posted directly to the income statement. Which of the following shows a correct setting for the currency conversion difference in the general configuration? (Account 2085 = Translation Difference)
 

What is the purpose of the offset account in control tables?

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

What is the benefit of creating a security group?

What is the best practice for ensuring that an Excel Link report runs efficiently after upgrading the report for a new Controller release?

In Controllers General Configuration, an administrator can specify that reconciliation is to be performed by journal type on what other basis can reconciliation be performed?

What is the benefit of creating user rights?