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

Question 2

When active,what does the Algo Security Dual Control functionality ensure?

A. that security changes must be made in two places
B. that there are a minimum of two Algo User IDs for each role
C. that security changes will have a separate confirmation step
D. that Pair Programming is enabled

Question 3

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

A. 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
B. To enable rapid implementation of programs and lead to models that are easier to understand
C. To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
D. To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement

Question 4

Which two features appear in a module? (Choose two.)

A. Initialization modules
B. Events calculations
C. Rollback calculations
D. Filter formula

Question 5

You are designing a product using the BB Matrix.
Other than the required building blocks, what other information is provided? (Choose three.)

A. Initialization modules
B. Projection processes
C. Data view input variables
D. Assumption input variables
E. Output variables

Solutions: