IBM 000-M249 exam practice questions and answers

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Exam Code: 000-M249
Exam Name: IBM (IBM Cognos Financial Performance Management Sales Mastery Test vl)

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NO.1 Which financial reporting format, supported by IBM Clarity FSR, is quickly becoming the global standard
for exchanging business information because of how efficiently data can be tagged and analyzed.?
A. GAAP
B. XBRL
C. IFRS
D. EDGAR
Answer: B

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NO.2 What is NOT one of the three ways the world is changing according to the IBM Smarter Planet
message?
A. intricate
B. instrumented
C. interconnected
D. intelligent
Answer: B

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NO.3 Which product is best suited for a company looking to automate their electronic financial reporting
processes to ensure regulatory compliance?
A. Clarity FSR
B. OpenPages ITG
C. Cognos Controller
D. Cognos TMl
Answer: C

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NO.4 Which agenda item is assigned the highest priority by Chief Information Officers (ClOs), according to
studies by IBM and Gartner?
A. compliance
B. business analytics
C. mobility solutions
D. risk management
Answer: B

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NO.5 An organization is struggling to efficiently meet the financial reporting requirements in their country.
Which offering is designed specifically to help this customer automate their entire compliance lifecycle?
A. OpenPages UG
B. OpenPages Audit
C. OpenPages Operational Risk Management (ORM)
D. OpenPages Financial Controls Management (FCM)
Answer: D

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