IBM C2020-002 : IBM Algo Financial Modeler Developer Fundamentals

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IBM C2020-002 Exam Syllabus Topics:

IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

Question 1

In which two locations would an analyzer tool be found? (Choose two.)

A. Models
B. Results Workspace
C. Categories
D. Modules

Question 2

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 shouldbe portfolio.
C. Variable_A is portfolio and should be non-portfolio.
D. Variable_A is non-portfolio and should be portfolio.

Question 3

You need to specify the initial value for in-force policies. What are two ways to do this? (Choose two.)

A. Use an event van able.
B. Define them in a data view or database view.
C. Calculate them from the program variable's formula (which may call a sub layer).
D. Use the initial value property on the step.

Question 4

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

Question 5

What would cause a runtime error rather than a generator error?

A. A variable being incorrectly set as a portfolio variable when it is actually a non-portfolio variable
B. A missing internal assumption set
C. A missing variable in an internal assumption set
D. An error in the underlying data file

Solutions: