IBM C2020-003 Test Passed : IBM Algo One Fundamentals

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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

Question 1

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

Question 2

Click the Exhibit button.

The exhibit shows a picture of the compare page.
What is meant by the yellow highlighted areas in the Step variables box?

A. A variable or property is common to both the components but is not used in either.
B. A variable or property is common to both the components but has a different formula or value.
C. A variable or property is common to both the components but one appears on a step and the other on an event.
D. A variable or property only appears in one of the components.

Question 3

After setting a model to run, at which three points of this process would a runtime error likely occur? (Choose three.)

A. When the results are being written.
B. When the records are being processed.
C. When the code is being generated.
D. When the code is being linked.
E. When the data is being processed from the source.

Question 4

Click the Exhibit button.

The exhibit shows a picture of the compare page.
What is meant by the areas highlighted in blue in the Step variables box?

A. A variable or property is common to both the components but is not used in either.
B. A variable or property is common to both the components but has a different formula or value.
C. A variable or property is common to both the components but one appears on a step and the other on an event.
D. A variable or property only appears in one of the components.

Question 5

Which three properties would be set for a layer in a model? (Choose three.)

A. Layer name
B. Model name
C. Layer End Date
D. Portfolio Date
E. Step length

Solutions: