IBM Algo Financial Modeler Developer Fundamentals - C2020-002 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

A colleague has passed you a model built fromStandard Code for verification. The model has iwo products, one with 50 policies and one with 100 policies. The products have their own data source and specific programs. However, when running the model, you notice that 150 policies are going through bothprograms.
What should you do?

A. Add program type categories to thedata sources and programs. B. Add data flow categories to the data sources and programs. C. Add market sector categories to the data sources and programs. D. Add module categories to the data sources and programs.

Discussion 0

Correct Answer: B Vote an answer

Question 2

How would you make a model built in AlgoFinancial Modeler stochastic?

A. Add a stochastic process to a layer in the model. B. Add a stochastic process to a data process. C. Add a stochastic process to an assumption set. D. Add a stochastic process to a module.

Discussion 0

Correct Answer: A Vote an answer

Question 3

How is the Build Only button used when checking for generator errors?

A. Build Only will generate the code necessary to process the model, showing any warnings or errors that the generator finds when creating the code. B. Build Only will automatically produce output specific to each calculation allowing detailed checking. C. Build Only is a tool which steps you through a model build eliminating the possibility of generator errors. D. Build Only will show how variables interact within the model and produces a list of all interactions.

Discussion 0

Correct Answer: A Vote an answer

Question 4

Click the Exhibit button.

You built a model where the reserve is calculated on a sub reserving layer as shown inthe 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. Reserve_PP in the reserving layer is a step variable rather than a rollback variable. D. The Reserve_PP variable is not a portfolio variable.

Discussion 0

Correct Answer: A Vote an answer

Question 5

Which statement is true regarding Rollback variables?

A. Non-portfolio variables with a step formula can be included in the formulae for a Rollback variable. B. Rollback variables can be included in the formulae for a step variable of the same layer. C. In a layer, a Rollback variable is calculated together with the step variables at the same projection step. D. Portfolio variables without a step formula can be included in the formulae for a Rollback van able.

Discussion 0

Correct Answer: A Vote an answer

Question 6

In which two ways are modules used? (Choose two.)

A. A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements. B. A module can be included as a submodule within another to cause the variables in the sub module to be included in the containing module. C. Modules can specify which variables are to be included in certain formsof output (aggregated results and individual results) produced by Algo Financial Modeler. D. A module can be added to a program to cause the variables in the module to be included in the program.

Discussion 0

Correct Answer: B,D Vote an answer