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New Released IBM C2020-003 Exam Questions from IBM Exam Centre! (1-10)

QUESTION 1
A colleague has passed you a model built from Standard 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 both programs.
What should you do?

A.    Add data flow categories to the data sources and programs.
B.    Add module categories to the data sources and programs.
C.    Add market sector categories to the data sources and programs.
D.    Add program type categories to the data sources and programs.

Answer: A

QUESTION 2
Which three suffixes are used by a variable on an event to refer to a portfolio variable? (Choose three.)

A.    .End
B.    .Start
C.    .Curr
D.    .Prey
E.    .Total

Answer: BCD

QUESTION 3
In the analyzer, which type of variable has a red name bar?

A.    Assumption set variable
B.    Data view variable
C.    Layer variable
D.    Event variable

Answer: A

QUESTION 4
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 has additional information attached to it.
B.    This module must not be used in development
C.    This module is key Standard Code and must be used
D.    This module is locked for editing
   
Answer: D

QUESTION 5
What are two ways that the assumptions in Standard Code can be structured? (Choose two.)

A.    Using scalar values directly in assumption sets
B.    Using scalar values directly in a module
C.    Using tables of values in a module and formulae to extract the appropriate values
D.    Using tables of values in the assumption sets and formulae to extract the appropriate values

Answer: AD

QUESTION 6
What does the generator error shown below suggest?
CF_Variable_A: The extension “start’ used with Variable_A is not valid in this context.

A.    Variable_A is portfolio and should be non-portfolio.
B.    Variable_A is non-portfolio and should be portfolio.
C.    Variable_A is portfolio and should be non-portfolio.
D.    Variable_A is non-portfolio and should be portfolio.

Answer: B

QUESTION 7
Which two statements are true about portfolio variables? (Choose two.)

A.    Portfolio is a local property of the variable.
B.    Only portfolio variables in the data view will be passed into the projection layer.
C.    Only portfolio variables can be passed from projection step to projection step.
D.    Portfolio variables can be summed (event plus step values) over a projection step using the totals syntax.

Answer: BC

QUESTION 8
Which statement is true regarding Rollback variables?

A.    In a layer, a Rollback variable is calculated together with the step variables at the same projection step.
B.    Rollback variables can be included in the formulae for a step variable of the same layer.
C.    Portfolio variables without a step formula can be included in the formulae for a Rollback van able.
D.    Non-portfolio variables with a step formula can be included in the formulae for a Rollback variable.

Answer: D

QUESTION 9
Which statement is true about events?

A.    The formula of a rollback variable can refer to portfolio variables defined at events.
B.    Portfolio variables defined at events can be referred by or from a parent program.
C.    A program cannot include multiple events.
D.    Non-portfolio variables can be referenced in the formulae of event variables.

Answer: D

QUESTION 10
In which two situations must you have the portfolio property set to “Yes”? (Choose two.)

A.    If a variable is defined in the data view but does not need to be passed into the program.
B.    If a variable is a stochastic variable.
C.    If a variable needs to be accessed at future events.
D.    If a step variable needs to be passed into the sub layer.

Answer: CD

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