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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

Question 1

Which two statements are true about portfolio variables? (Choose two.)

A. Portfolio is a local property of the variable.
B. Portfolio variables can be summed (event plus step values) over a projection step using the totals syntax.
C. Only portfolio variables in the data view will be passed into the projection layer.
D. Only portfolio variables can be passed from projection step to projection step.

Question 2

What are two ways that the assumptions in Standard Code can be structured? (Choose two.)

A. Using tables of values in a module and formulae to extract the appropriate values
B. Using scalar values directly in a module
C. Using scalar values directly in assumption sets
D. Using tables of values in the assumption sets and formulae to extract the appropriate values

Question 3

Which three suffixes are used by a variable on an event to refer to a portfolio variable? (Choose three.)

A. .Total
B. .Start
C. .Prey
D. .Curr
E. .End

Question 4

What are three types of generator messages? (Choose three.)

A. Model messages
B. Error messages
C. Analyzer messages
D. Warning messages
E. Information messages

Question 5

What are two specific reasons why Standard Code has been developed? (Choose two.)

A. To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
B. To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement
C. To enable rapid implementation of programs and lead to models that are easier to understand
D. To minimize the amount of testing required when building a new model within Algo Financial Modeler and provide a guarantee of the accuracy of results

Solutions: