IBM Algo One Fundamentals - C2020-003

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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

Question 1

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. wvr
B. wva
C. wvu
D. wvz

Question 2

Click the Exhibit button.

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

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

Question 3

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. Reserve_PP in the reserving layer is a step variable rather than a rollback variable.
C. The Reserve_PP variable is not a portfolio variable.
D. There is no variable called Reserve_PP in the reserving layer.

Question 4

What do you need to do to setup Algo databases in batch mode?

A. Set the appropriate values in *$ALGO_TOP/cfg/algosuiteglobal.xml*,then run*$ALGO_HOME/setup/bin/algosetupbatch*.
B. Set the appropriate values in *$ALGO_TOP/cfg/algosuitelocal.xml*,then run*$ALGO_HOME/setup/bin/setupbatch*.
C. Set the appropriate values in *$ALGO_TOP/cfg/algosuiteglobal.xml*,then run*$ALGO_HOME/setup/bin/setupbatch*.
D. Set the appropriate values in *$ALGO_TOP/cfg/algosuitelocal.xml*,then run*$ALGO_HOME/setup/bin/algosetupbatch*.

Question 5

You are debugging a model that you have built. When you run it, you receive the generator error for Variable Z shown below:
Variable Z: No IIP value can be set for this variable. It is formula could not be used and none of the program is inputs supplied a value.
What are two causes for the error? (Choose two.)

A. Variable Z is included in an initialization module as well as the data.
B. Variable Z should be portfolio but has not been initialized properly anywhere.
C. Variable Z should be a non-portfolio variable but the portfolio property is set to yes.
D. Variable Z has it's aggregates property set to "Yes" and it should be "No".

Solutions: