IBM IBM Certified Specialist C2020-003

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IBM C2020-003 Exam Syllabus Topics:

IBM Algo One Fundamentals Sample Questions:

Question 1

Regulatory Capital calculates risk-weighted assets and intermediate measuresrequired for regulatory reporting under which regulatory standard?

A. Glass-Steagall
B. Dodd-Frank
C. Solvency II Directive
D. Basel Accords

Question 2

In which two locations would an analyzer tool be found? (Choose two.)

A. Categories
B. Modules
C. Models
D. Results Workspace

Question 3

A colleague has finished editing Standard Code and has passed it to you for development. You notice a padlock symbol next to some of the modules.
What does the padlock mean?

A. This module is key Standard Code and must be used
B. This module is locked for editing
C. This module must not be used in development
D. This module has additional information attached to it.

Question 4

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 module and change the code to 110% it 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 5

In which two ways are modules used? (Choose two.)

A. A module can be included as a sub module within another to cause the variables in the sub module to be included in the containing module.
B. Modules can specify which variables are to be included in certain forms of output (aggregated results and individual results) produced by Algo Financial Modeler.
C. A module can be added to a program to cause the variables in the module to be included in the program.
D. A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements.

Solutions: