IBM Algo One Fundamentals: C2020-003 Exam

"IBM Algo One Fundamentals", also known as C2020-003 exam, is a IBM Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 60 Q&As to your C2020-003 Exam preparation. In the C2020-003 exam resources, you will cover every field and category in IBM Certified Specialist Certification helping to ready you for your successful IBM Certification.

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  • Exam Code: C2020-003
  • Exam Name: IBM Algo One Fundamentals
  • Certification Provider: IBM
  • Corresponding Certification: IBM Certified Specialist
  • Updated: Jul 24, 2026
  • No. of Questions: 60 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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IBM C2020-003 Exam Syllabus Topics:

SectionWeightObjectives
Algo One Architecture & Components25%- Algo Financial Modeler
- Algo Scenario Engine
- Core platform structure
- Algo Batch & RiskWatch
Data & Layer Management25%- Layers, sub-layers, and portfolio dates
- Variable definitions and rollback rules
- AFMOutput functions and pathing
- Data sources and integration
Deployment, Batch & Administration25%- Security and permissions
- Job streams and batch scheduling
- Monitoring and output reporting
- Installation and environment setup
Modeling & Calculation25%- Scenario generation and simulation
- Cube sizing and performance
- Formula syntax and module usage
- Model development and configuration

IBM Algo One Fundamentals Sample Questions:

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

A) Model messages
B) Information messages
C) Error messages
D) Analyzer messages
E) Warning messages


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


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

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


4. Click the Exhibit button.

The exhibit shows a picture of the compare page.
What is meant by the yellow highlighted areas 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 is not used in either.
C) A variable or property is common to both the components but has a different formula or value.
D) A variable or property is common to both the components but one appears on a step and the other on an event.


5. When active,what does the Algo Security Dual Control functionality ensure?

A) that Pair Programming is enabled
B) that security changes will have a separate confirmation step
C) that security changes must be made in two places
D) that there are a minimum of two Algo User IDs for each role


Solutions:

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

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