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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

1. You have a model with a data layer, a top projection layer, and a sub layer. When the sub layer is called, what will be the portfolio date of that layer?

A) The inception date of the first data record
B) The step date of the top projection layer at which the sub layer is called
C) The start date of the model
D) The start date of the projection process

2. In addition to the command line utilities and databases,which two other componentsmake up the Algo Scenario Engine? (Choose two.)

A) Algo Scenario Engine Server
B) Scenario Editor
C) Scenario Generation Workbench
D) Algo Scenario Builder Server

3. After setting a model to run, at which three points of this process would a runtime error likely occur? (Choose three.)

A) When the records are being processed.
B) When the code is being linked.
C) When the data is being processed from the source.
D) When the code is being generated.
E) When the results are being written.

4. Aclient has redesigned their nonprofit endowment product to pay a guaranteed 110% of Sum Assured on death rather than just the Sum Assured assumed in Standard Code. They want you to update the model so that it will be unaffected when any future updates of Standard Code are copied into the workspace.
How would you do this?

A) Copy the Sum Assured variable into a blank line at the bottom of the module and change the code to 110% it Sum Assured.
B) Copy the Sum Assured variable into a blank line at the bottom of the product and change the code to 110% * Sum Assured.
C) Comment out the original code within the existing module and replace with 110% * Sum Assured.
D) Change the existing formula to 110%* Sum Assured.

5. What is the role of modules in AEM?

A) Modules are components used to specify all data variables that are being passed in from an external source.
B) Modules are sets of variables and events for carrying out calculations in Algo Financial Modeler.
C) Modules provide a diagrammatic view of a company structure that can be visualized within Algo Financial modeler.
D) Modules containing all the components needed to complete a set of calculations in Algo Financial Modeler are combined.

Solutions: