IBM Algo Financial Modeler Developer Fundamentals - C2020-002 Exam Questions [2026]

QUESTION NO: 1
Which three components are included in the Standard Code workspace? (Choose three.)

A. Stochastic processes B. Data views C. Database views D. Models E. Modules

Correct Answer: B,D,E

QUESTION NO: 2
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?

A. wvr B. wvz C. wvu D. wva

Correct Answer: A

QUESTION NO: 3
Why would you use the analyzer during development of a model?

A. To provide a list of all the saved changes made to a workspace B. To highlight the differences between components C. To create test data to pass into a model D. To see how the variables within a component interact

Correct Answer: D

QUESTION NO: 4
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 shouldbe portfolio.

Correct Answer: D

QUESTION NO: 5
A client has redesigned their nonprofit endowment product to pay a guaranteed 110% of Sum Assured on death rather than just the Sum Assured assumed in Standard Code. They want you to update the model so that it will be unaffected when any future updates of Standard Code are copied into the workspace.
How would you do this?

A. Copy the Sum Assured variable into a blank line at the bottom of theproduct and change the code to 110% * Sum Assured. B. Comment out the original code within the existing module and replace with 110% * Sum Assured. C. Change the existing formula to 110%* Sum Assured. D. Copy the Sum Assured variable into a blank line at the bottom of the module and change the code to 110% it Sum Assured.

Correct Answer: C

QUESTION NO: 6
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?

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

Correct Answer: D