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C2020-002 V13 Latest Exam (Sep 2017)

[Free] 2017(Sep) EnsurePass Examcollection IBM C2020-002 V13 Dumps with VCE and PDF 11-20

October 12, 2017

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2017 Sep IBM Official New Released C2020-002 V13
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IBM Algo Financial Modeler Developer Fundamentals

Question No: 11

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?

  1. This module has additional information attached to it.

  2. This module must not be used indevelopment

  3. This module is key Standard Code and must be used

  4. This module is locked for editing

Answer: D

Question No: 12

Which statement is true regarding Rollback variables?

  1. In a layer, a Rollback variable is calculated together with the step variables at the same projection step.

  2. Rollback variables can be included in the formulae for a step variable of the same layer.

  3. Portfolio variables without a step formula can be included in the formulae for a Rollback van able.

  4. Non-portfolio variables with a step formula can be included in the formulae for a Rollback variable.

Answer: D

Question No: 13

What are three types of generator messages? (Choose three.)

  1. Error messages

  2. Warning messages

  3. Information messages

  4. Analyzer messages

  5. Model messages

Answer: A,B,C

Question No: 14

Which two actuarial calculations are available in the Standard Code? (Choose two.)

  1. Embedded value

  2. Reserving

  3. Asset Liability modeling

  4. Solvency II standard formula

Answer: A,B

Question No: 15

In which two situations must you have the portfolio property set to 鈥淵es鈥? (Choose two.)

  1. If a variable is defined in the data view but does not need to be passed into the program.

  2. If a variable is a stochastic variable.

  3. If a variable needs to be accessed at future events.

  4. If a step variable needs to be passed into the sub layer.

Answer: C,D

Question No: 16

Which run type allows you to see only the outputs selected in the output reports?

  1. A 鈥渟ample all鈥漴un

  2. A 鈥渇iltered sample鈥?run

  3. A 鈥渓ive鈥?runquot;

  4. An 鈥渋ndividual鈥?run

Answer: C

Question No: 17

A colleague asks you to customize an Excel worksheet to read in values from an Algo Einancial Modeler workspace. In each cell you need to return a value from output produced by AFM.

Which function would you use?

  1. AFMWorkspaceInfo

  2. AEMModelInfo

  3. AEMOutput

  4. AEMVariableInfo

Answer: C

Question No: 18

Which two would cause a runtime error? (Choose two.)

  1. A runtime error would occur if an assumption set was missing from the model.

  2. A runtime error would occur if there was a 鈥渄ivide by zero鈥?in the code.

  3. A runtime error would occur if an input data file was missing.

  4. A runtime error would occur if there was no output report attached to the model.

Answer: B,C

Question No: 19

After setting a model to run, at which three points of this processwould a runtime error likely occur? (Choose three.)

  1. When the data is being processed from the source.

  2. When the code is being generated.

  3. When the records are being processed.

  4. When the code is being linked.

  5. When the results are being written.

Answer: A,C,E

Question No: 20

Which three events are used inStandard Code? (Choose three.)

  1. Premium_Event

  2. Policy_Anniversary_Event

  3. Maturity_Event

  4. Vesting_Event

  5. Policy_Inception_Event

Answer: A,B,D

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