[Free] 2018(Jan) EnsurePass Passguide IBM C2020-002 Dumps with VCE and PDF 31-40

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IBM Algo Financial Modeler Developer Fundamentals

Question No: 31

What would cause a runtime error rather than a generator error?

  1. A missing variable in an internal assumption set

  2. A variable being incorrectly set as a portfolio variable when it is actually a non-portfolio variable

  3. An error in the underlying data file

  4. A missing internal assumption set

Answer: C

Question No: 32

Click the Exhibit button.

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Referring to the exhibit, what does the symbol shown on the Algo Financial Modeler toolbar do?

  1. It produces a Build Only version of the model.

  2. It highlights orphan variables.

  3. It launches the AFM help file.

  4. It applies any changes in the model.

Answer: C

Question No: 33

A new AEM user has downloaded Standard Code for the first time. The user knows that they must delete some of the code but cannot rememberwhich part(s).

Which three parts would you tell the user to keep? (Choose three.)

  1. All assumption sets and data views

  2. Only assumption sets and data views beginning 鈥淭emplate_鈥?/p>

  3. All modules

  4. Only modules specific to their region

  5. All events

Answer: B,D,E

Question No: 34

In Algo Financial Modeler, where do you specify the variables which are included in the results file from a live run?

  1. Output reports

  2. Category reports

  3. Grouping reports

  4. Batch reports

Answer: A

Question No: 35

What is the top (yellow) layer of a model called?

  1. Reserving Layer

  2. Data Layer

  3. Assets Layer

  4. Realistic Layer

Answer: B

Question No: 36

A colleague has passed you a model built fromStandard 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 bothprograms.

What should you do?

  1. Add data flow categories to the data sources and programs.

  2. Add module categories to the data sources and programs.

  3. Add market sector categories to the data sources and programs.

  4. Add program type categories to thedata sources and programs.

Answer: A

Question No: 37

Click the Exhibit button.

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You built a model where the reserve is calculated on a sub reserving layer as shown inthe exhibit. The realistic layer calls a variable 鈥淩eserve_PP: from the reserving layer. When you run the model, Algo Financial Modeler presents you with the following generator error

Reserve_PP: 鈥淩eservingLayer is not recognized鈥?What is the problem?

  1. The Reserve_PP variable is not a portfolio variable.

  2. The formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.

  3. There is no variable called Reserve_PP in the reserving layer.

  4. Reserve_PP in the reserving layer is a step variable rather than a rollback variable.

Answer: B

Question No: 38

Which statement is true regarding Rollback variables?

  1. It is always required to specify an initial value for aRollback variable.

  2. An initial value of a Rollback variable is specified using the reset formula.

  3. If the Initial value property is blank, a Rollback variable will have an initial value of 0.

  4. A Rollback variable is defined in the Events page.

Answer: C

Question No: 39

Click the Exhibit button.

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The exhibitshows a representation of the principles used in Standard Code when building programs.

What is missing from the blank boxes?

  1. A product and two process building blocks

  2. A process, one process building block, and one product building block

  3. A process and two process building blocks

  4. A product, one process building block, and one product building block

Answer: C

Question No: 40

In theanalyzer, which type of variable has a red name bar?

  1. Assumption set variable

  2. Data view variable

  3. Layer variable

  4. Event variable

Answer: A

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