IBM C2020-003 - IBM Algo One Fundamentals Exam

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Total 60 questions

You are dealing with a model with portfolio date 3 1/12/2010 that has a data layer, a top projection layer (Realistic_Layer), and a stochastic sub layer (Stochastic_Sublayer). A colleague wants information from the 4th scenario in the sub layer on 31/12/2020.
What is the layer path string in the AFMOutput function you would need to achieve this?

  • A. Stochastic_Sublayer4?3 1/12/2020
  • B. Realistic_Layer.Stochastic_Sublayer4?31/1 2/2020
  • C. Realistic_Layer4?31/12/2020
  • D. Realistic_Layer?31/1 2/2010 .Stochastic_Sublayer:4


Answer : B

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.


Answer : B

In a production environment,which two mechanisms would be used to trigger anovernight batch using an Algo Batch job stream? (Choose two.)

  • A. Cron
  • B. ABE
  • C. Control-M
  • D. RiskWatc


Answer : A,C

Click the Exhibit button.


The arrow in the exhibit points to something missing in the AFM Output function.
What is missing?

  • A. Filter_Name
  • B. Event Name
  • C. Module_Name
  • D. Program_Name


Answer : D

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


Answer : A

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Total 60 questions