IBM C2020-002

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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. Click the Exhibit button.

The arrow in the exhibit points to something missing in the AFM Output function. What is missing?

A) Event Name
B) Program_Name
C) Filter_Name
D) Module_Name

2. Click the Exhibit button.

Referring to the exhibit, what would cause a problem if the model was run?

A) The same projection process is used in both top layers.
B) The data layer has more than one data process.
C) A model can only have one top projectionlayer.
D) It contains a nested stochastic process.

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

A) To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
B) To minimize the amount of testing required when building a new model within Algo Financial Modelerand provide a guarantee of the accuracy of results
C) To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement
D) To enable rapid implementation of programs and lead to models that are easier to understand

4. Which three events are used inStandard Code? (Choose three.)

A) Premium_Event
B) Policy_Inception_Event
C) Policy_Anniversary_Event
D) Vesting_Event
E) Maturity_Event

5. You are involved in a development project for a major client and they want you to build a product using the Standard Code workspace with all non Standard Code items deleted. They have provided you with the specification of the product.
Based upon Algo Financial Modeler best practice, how would you begin?

A) Use the current Standard Code user guide as a guide to determine which modules to use.
B) Use the BB Matrix tool as a guide to determine which Standard Code modules to use.
C) Use the help file in AEM as a guide to determine which Standard Code modules to use.
D) Use the example Standard Code models in the workspace as a guide to determine which modules to use.

Solutions: