IBM C2020-003 : IBM Algo One Fundamentals

  • Exam Code: C2020-003
  • Exam Name: IBM Algo One Fundamentals
  • Updated: Sep 05, 2025     Q & A: 60 Questions and Answers

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IBM Algo One Fundamentals Sample Questions:

1. What is the role of modules in AEM?

A) Modules are sets of variables and events for carrying out calculations in Algo Financial Modeler.
B) Modules are components used to specify all data variables that are being passed in from an external source.
C) Modules provide a diagrammatic view of a company structure that can be visualized within Algo Financial modeler.
D) Modules containing all the components needed to complete a set of calculations in Algo Financial Modeler are combined.


2. In which two formats will Algo Batch generate execution reports? (Choose two.)

A) PDF
B) HTML
C) BIN
D) CSV


3. Which statement is true regarding Rollback variables?

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


4. Click the Exhibit button.

The exhibit shows a picture of the compare page.
What is meant by the areas highlighted in blue in the Step variables box?

A) A variable or property only appears in one of the components.
B) A variable or property is common to both the components but has a different formula or value.
C) A variable or property is common to both the components but one appears on a step and the other on an event.
D) A variable or property is common to both the components but is not used in either.


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


Solutions:

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

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