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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

1. When active,what does the Algo Security Dual Control functionality ensure?

A) that Pair Programming is enabled
B) that there are a minimum of two Algo User IDs for each role
C) that security changes must be made in two places
D) that security changes will have a separate confirmation step

2. In some cases,UDS loadable input data name and ID values contain quotationmarks and/or commas such as the name shown below:
HOOJITS,INC
Given the information above,which example record is formatted for a correct dataload?

A) BAS,DM On Balance SheetSPEC,DM On Balance SheetSPEC,DM On BalanceSheet,HOOJITS\,INC
B) BAS,DM On Balance SheetSPEC,DM On Balance SheetSPEC,DM On BalanceSheet,HOOJITS"," INC
C) BAS,DM On Balance SheetSPEC,DM OnBalance SheetSPEC,DM On BalanceSheet,HOOJITS,INC
D) BAS,DM On Balance SheetSPEC,DM OnBalance SheetSPEC,DM On BalanceSheet,"HOOJITS,INC"

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) There is no variable called Reserve_PP in the reserving layer.
B) The Reserve_PP variable is not a portfolio variable.
C) The formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.
D) Reserve_PP in the reserving layer is a step variable rather than a rollback variable.

4. Which three would you attach to a program on a projection process inside a layer? (Choose three.)

A) A module
B) A data process
C) A category
D) An aggregation report
E) An assumption set

5. How do you reference a variable from the previous occurrence of a particular event type?

A) <Event Type>.Curr.<Variable>
B) <Event Type>.<Variable>.Prev
C) <Event Type>.Prev.<Variable>
D) <Event Type>.<Variable>.Curr

Solutions: