IBM Algo One Fundamentals : C2020-003

  • Exam Code: C2020-003
  • Exam Name: IBM Algo One Fundamentals
  • Updated: May 26, 2026     Q & A: 60 Questions and Answers

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IBM Algo One Fundamentals Sample Questions:

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

A) Events calculations
B) Filter formula
C) Initialization modules
D) Rollback calculations


2. If no suffix is attached to a portfolio variable in an event variable is formula, then which value is used?

A) The value at the previous event regardless of type
B) The value at the start of the step
C) The value at the previous event of the same type
D) The value at the end of the step


3. Click the Exhibit button.

Referring to the exhibit, what would cause a problem if the model was run?

A) The same projection process is used in both top layers.
B) The data layer has more than one data process.
C) A model can only have one top projection layer.
D) It contains a nested stochastic process.


4. What do you need to do to setup Algo databases in batch mode?

A) Set the appropriate values in *$ALGO_TOP/cfg/algosuitelocal.xml*,then run*$ALGO_HOME/setup/bin/setupbatch*.
B) Set the appropriate values in *$ALGO_TOP/cfg/algosuiteglobal.xml*,then run*$ALGO_HOME/setup/bin/algosetupbatch*.
C) Set the appropriate values in *$ALGO_TOP/cfg/algosuiteglobal.xml*,then run*$ALGO_HOME/setup/bin/setupbatch*.
D) Set the appropriate values in *$ALGO_TOP/cfg/algosuitelocal.xml*,then run*$ALGO_HOME/setup/bin/algosetupbatch*.


5. 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 market sector categories to the data sources and programs.
C) Add program type categories to the data sources and programs.
D) Add module categories to the data sources and programs.


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: A

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