[Free] 2018(Jan) EnsurePass Passguide IBM C2020-002 Dumps with VCE and PDF 1-10

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C2020-002 Latest Exam (Jan 2018)

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IBM Algo Financial Modeler Developer Fundamentals

Question No: 1

What are the two alternative methods available in Standard Code for initializing portfolio variables for new business? (Choose two.)

  1. The initialization module, New_Business, may be used on the main layer of any programsin your model which are required to run new business.

  2. Additional data view variables may be included in separate data views for new business policies.

  3. A new program may be set up in the model specifically for dealing with new business policies.

  4. Anew layer needs to be added to the model which only calculates new business policies.

Answer: A,B

Question No: 2

Why would you use the analyzer during development of a model?

  1. To provide a list of all the saved changes made to a workspace

  2. To see how the variables within a component interact

  3. To highlight the differences between components

  4. To create test data to pass into a model

Answer: B

Question No: 3

Which two features appear in a module? (Choose two.)

  1. Events calculations

  2. Initialization modules

  3. Rollback calculations

  4. Filter formula

Answer: A,C

Question No: 4

Which statement is true about events?

  1. The formula of a rollback variable can refer to portfolio variables defined atevents.

  2. Portfolio variables defined at events can be referred by or from a parent program.

  3. A program cannot include multiple events.

  4. Non-portfolio variables can be referenced in the formulae of event variables.

Answer: D

Question No: 5

How is the Build Only button used when checking for generator errors?

  1. Build Only is a tool which steps you through a model build eliminating the possibility of generator errors.

  2. Build Only will show how variables interact within the model and produces a list of all interactions.

  3. Build Only will generate the code necessary to process the model, showing any warnings or errors that the generator finds when creating the code.

  4. Build Only will automatically produce output specific to each calculation allowing detailed checking.

Answer: C

Question No: 6

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?

  1. Use the BB Matrix tool as a guide to determine which Standard Code modules to use.

  2. Use the help file in AEM as a guide to determine which Standard Code modules to use.

  3. Use the current Standard Code user guide as a guide to determine which modules to use.

  4. Use the example Standard Code models in the workspace as a guide to determine

which modules to use.

Answer: A

Question No: 7

What are two Algo Financial Modeler output types? (Choose two.)

  1. Aggregated output

  2. Categorized output

  3. Individual output

  4. Targeted output

Answer: A,C

Question No: 8

What is the role of modules in AEM?

  1. Modules are components used to specify all data variables that are being passed in from an external source.

  2. Modules are sets of variables and events for carrying out calculations in Algo Financial Modeler.

  3. Modules provide a diagrammatic view of a company structure that can be visualized within Algo Financial modeler.

  4. Modules containing all the components needed to complete a set of calculations in Algo Financial Modeler are combined.

Answer: B

Question No: 9

Click theExhibit button.

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The exhibit shows a button found on the Algo ribbon in Microsoft Excel. What does it do?

  1. It provides a method of quickly entering AEM components to use as arguments in add-in functions.

  2. It quickly locates a specified cell containing an AEM add-in function.

  3. It provides quick view of values and components of a workspace.

  4. It allows you to quickly paste the current sheet as values.

Answer: A

Question No: 10

You are dealing with a model with portfolio date 3 1/12/2010 that has a data layer, a top projection layer (Realistic_Layer), and a stochasticsub layer (Stochastic_Sublayer). A colleague wants information from the 4th scenario in the sub layer on 31/12/2020.

What is the layer path string in the AFMOutput function you would need to achieve this?

  1. Stochastic_Sublayer4?3 1/12/2020

  2. Realistic_Layer.Stochastic_Sublayer4?31/1 2/2020

  3. Realistic_Layer4?31/12/2020

  4. Realistic_Layer?31/1 2/2010 .Stochastic_Sublayer:4

Answer: B

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