Download IBM : C2020-002 Questions & Answers as PDF & Test Software
Updated: Jun 05, 2026
No. of Questions: 60 Questions & Answers with Testing Engine
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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:
1. A client 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) Comment out the original code within the existing module and replace with 110% * Sum Assured.
B) Copy the Sum Assured variable into a blank line at the bottom of theproduct and change the code to 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) Change the existing formula to 110%* Sum Assured.
2. 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 must not be used indevelopment
C) This module has additional information attached to it.
D) This module is locked for editing
3. 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.)
A) Only modules specific to their region
B) All modules
C) Only assumption sets and data views beginning "Template_"
D) All events
E) All assumption sets and data views
4. Click the Exhibit button.
Referring to the exhibit, what does the symbol shown on the Algo Financial Modeler toolbar do?
A) It produces a Build Only version of the model.
B) It applies any changes in the model.
C) It highlights orphan variables.
D) It launches the AFM help file.
5. In which two ways are modules used? (Choose two.)
A) A module can be added to a program to cause the variables in the module to be included in the program.
B) A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements.
C) Modules can specify which variables are to be included in certain formsof output (aggregated results and individual results) produced by Algo Financial Modeler.
D) A module can be included as a submodule within another to cause the variables in the sub module to be included in the containing module.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A,C,D | Question # 4 Answer: D | Question # 5 Answer: A,D |
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