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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

Question 1

Click the Exhibit button.

You built a model where the reserve is calculated on a sub reserving layer as shown in the exhibit. The realistic layer calls a variable "Reserve_PP: from the reserving layer. When you run the model, Algo Financial Modeler presents you with the following generator error
Reserve_PP: "ReservingLayer is not recognized"
What is the problem?

A. The formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.
B. There is no variable called Reserve_PP in the reserving layer.
C. The Reserve_PP variable is not a portfolio variable.
D. Reserve_PP in the reserving layer is a step variable rather than a rollback variable.

Question 2

A colleague tells you that it is possible to pass results directly from one model in Algo Financial Modeler to another. Which file type would you reference to do this?

A. wvz
B. wvu
C. wva
D. wvr

Question 3

The Algo Batch service is designed to be used under which condition?

A. as a precursor to starting the security service
B. when using parallel instances of RiskWatch to process the result of a filter split
C. when linking Algo Scenario Engine with RiskWatch in a batch
D. when running the batch in distributed mode

Question 4

Which two actuarial calculations are available in the Standard Code? (Choose two.)

A. Reserving
B. Asset Liability modeling
C. Solvency II standard formula
D. Embedded value

Question 5

What is the standard environment variable that points to the directory that containsthe Algo Core software?

A. *top491*
B. *as491*
C. *ALGO_TOP*
D. *ALGO_HOME*

Solutions: