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IBM C2020-002 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| IBM Algo Financial Modeler Fundamentals | - Model Development
|
IBM Algo Financial Modeler Developer Fundamentals Sample Questions:
What is an example of a generator error?
- A. Variable X cannot be passed to "Layer Y" because it requires output from it.
- B. There are unsuppressed copies of Variable X.
- C. A layer is processed record by record and accepts new business.
- D. One record is processed of which one was in-force at the start of the layer.
Correct Answer: B 🗳️
What does the generator error shown below suggest?
CF_Variable_A: The extension "start' used with Variable_A is not valid in this context.
- A. Variable_A is portfolio and should be non-portfolio.
- B. Variable_A is non-portfolio and should be portfolio.
- C. Variable_A is portfolio and should be non-portfolio.
- D. Variable_A is non-portfolio and shouldbe portfolio.
Correct Answer: D 🗳️
In which two ways are modules used? (Choose two.)
- A. A module can be added to a program to cause the variables in the module to be included in the program.
- B. A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements.
- C. A module can be included as a submodule within another to cause the variables in the sub module to be included in the containing module.
- D. Modules can specify which variables are to be included in certain formsof output (aggregated results and individual results) produced by Algo Financial Modeler.
Correct Answer: A,C 🗳️
Which statement is true about events?
- A. A program cannot include multiple events.
- B. Non-portfolio variables can be referenced in the formulae of event variables.
- C. The formula of a rollback variable can refer to portfolio variables defined atevents.
- D. Portfolio variables defined at events can be referred by or from a parent program.
Correct Answer: B 🗳️
You need to specify the initial value for in-force policies. What are two ways to do this? (Choose two.)
- A. Define them in a data view or database view.
- B. Use the initial value property on the step.
- C. Use an event van able.
- D. Calculate them from the program variable's formula (which may call a sub layer).
Correct Answer: A,D 🗳️
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