C2020-002 Exam Questions

You are involved in a development project for a major client and they want you to build a product using the Standard Code workspace with all non Standard Code items deleted. They h...

How is the Build Only button used when checking for generator errors?

You are designing a product using the BB Matrix. Other than the required building blocks, what other information isprovided? (Choose three.)

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

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

A colleague has passed you a model built fromStandard Code for verification. The model has iwo products, one with 50 policies and one with 100 policies. The products have their own...

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

In theanalyzer, which type of variable has a red name bar?

A colleague tells you that it is possible to pass results directly from one model in Algo Financial Modeler to another. Which file type would you reference to do this?

Click the Exhibit button. You built a model where the reserve is calculated on a sub reserving layer as shown inthe exhibit. The realistic layer calls a variable "Reserve_PP: from...

Click the Exhibit button. The exhibit shows the analyzer tab using the results file of a previously run model. This could have been produced using one of two runtypes. What are the...

Which three properties would be set for a layer in a model? (Choose three.)

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

Which statement is true regarding Rollback variables?

Click the Exhibit button. The arrow in the exhibit points to something missing in the AFM Output function. What is missing?

How do you reference a variable from the previous occurrence of a particular event type?

What are two principles upon which the Standard Code is based? (Choose two.)

What are two specific reasons why Standard Code has been developed? (Choose two.)

Which three components are included in the Standard Code workspace? (Choose three.)

In which two ways are modules used? (Choose two.)

Which statement is true about events?

In which two situations must you have the portfolio property set to "Yes"? (Choose two.)

You are dealing with a model with portfolio date 3 1/12/2010 that has a data layer, a top projection layer (Realistic_Layer), and a stochasticsub layer (Stochastic_Sublayer). A col...

You have a model with a data layer, a top projection layer, and a sub layer. When the sub layer is called, what will be the portfolio date of that layer?

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

In a model, to what would you attach an assumption set?

In which situation do we need to specify the initial value for portfolio variables?

Which statement is true regarding Rollback variables?

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...

What is the top (yellow) layer of a model called?

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

You are setting up a new data view for a .csv file. Which two properties must youset? (Choose two.)

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...

What are the two alternative methods available in Standard Code for initializing portfolio variables for new business? (Choose two.)

Click the Exhibit button. The exhibit shows apicture of the compare page. What is meant by the areas highlighted in blue in the Step variables box?

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

Which three would you attach to a program on a projection process inside a layer? (Choose three.)

Click theExhibit button. The exhibit shows a button found on the Algo ribbon in Microsoft Excel. What does it do?

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

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

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?

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

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

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

In Algo Financial Modeler, where do you specify the variables which are included in the results file from a live run?

What would cause a runtime error rather than a generator error?

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

You need to specify the initial value for in-force policies. What are two ways to do this? (Choose two.)

What is an example of a generator error?

Other than for a product, what would be another purpose for using the BB Matrix spreadsheet?