IBM C2020-003 Exam : IBM Algo One Fundamentals

IBM C2020-003 exam
  • Exam Code: C2020-003
  • Exam Name: IBM Algo One Fundamentals
  • Updated: Sep 02, 2026
  • Q & A: 60 Questions and Answers
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IBM C2020-003 Exam Syllabus Topics:
SectionWeightObjectives
Algo One Architecture & Components25%- Algo Financial Modeler
- Algo Batch & RiskWatch
- Algo Scenario Engine
- Core platform structure
Deployment, Batch & Administration25%- Job streams and batch scheduling
- Monitoring and output reporting
- Installation and environment setup
- Security and permissions
Modeling & Calculation25%- Cube sizing and performance
- Formula syntax and module usage
- Model development and configuration
- Scenario generation and simulation
Data & Layer Management25%- Data sources and integration
- AFMOutput functions and pathing
- Layers, sub-layers, and portfolio dates
- Variable definitions and rollback rules
IBM Algo One Fundamentals Sample Questions:

Question 1

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

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


Question 2

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


Question 3

A colleague has passed you a model built from Standard 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 both programs.
What should you do?

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


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 only appears in one of the components.
B. A variable or property is common to both the components but is not used in either.
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 is common to both the components but has a different formula or value.


Question 5

You want to temporarily disable running certain job boxes when you execute the jobstream using shell,secureshell,or DataSynapse.What should you do?

A. Perform a deep clone of your job stream and remove the job box.
B. Perform a shallow clone of your job stream and remove the job box.
C. Place a runcontrol.SERVICE_NAME.txt file in your$ALGO_TOP/dynamic/algobatch directory where job box is turned off by using arun control flag.
D. Place a runcontrol.SERVICE_NAME.txt file in your $ALGO_TOP/static/algobatchdirectory where job box is turned off by using a run control flag.


Solutions:

Question 1
Answer: A,B,D
Question 2
Answer: A
Question 3
Answer: D
Question 4
Answer: A
Question 5
Answer: D

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