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2021 Sep C2021-003 exam question
Q1. In which two formats will Algo Batch generate execution reports? (Choose two.)
A. PDF
B. CSV
C. BIN
D. HTML
Answer: B,D
Q2. What are two Algo Financial Modeler output types? (Choose two.)
A. Aggregated output
B. Categorized output
C. Individual output
D. Targeted output
Answer: A,C
Q3. In which two situations must you have the portfolio property set to “Yes”? (Choose two.)
A. If a variable is defined in the data view but does not need to be passed into the program.
B. If a variable is a stochastic variable.
C. If a variable needs to be accessed at future events.
D. If a step variable needs to be passed into the sub layer.
Answer: C,D
Q4. Which Algo One components are required to create a custom client DLM thatimplements a new production quality pricing function?
A. Algo One Compiler and Algo One Standard Library
B. RiskWatch and Algo One Standard Library
C. RiskWatch and AIDB
D. RiskWatch and Risk++
Answer: D
Q5. Click the Exhibit button.
You built a model where the reserve is calculated on a sub reserving layer as shown in the exhibit. The realistic layer calls a variable “Reserve_PP: from the reserving layer. When you run the model, Algo Financial Modeler presents you with the following generator error
Reserve_PP: “ReservingLayer is not recognized” What is the problem?
A. The Reserve_PP variable is not a portfolio variable.
B. The formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.
C. There is no variable called Reserve_PP in the reserving layer.
D. Reserve_PP in the reserving layer is a step variable rather than a rollback variable.
Answer: B
Update C2021-003 exam cost:
Q6. In a production environment,which two mechanisms would be used to trigger anovernight batch using an Algo Batch job stream? (Choose two.)
A. Cron
B. ABE
C. Control-M
D. RiskWatc
Answer: A,C
Q7. Click the Exhibit button.
The exhibit shows a representation of the principles used in Standard Code when building programs.
What is missing from the blank boxes?
A. A product and two process building blocks
B. A process, one process building block, and one product building block
C. A process and two process building blocks
D. A product, one process building block, and one product building block
Answer: C
Q8. 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 should be portfolio.
Answer: B
Q9. Which statement is true about events?
A. The formula of a rollback variable can refer to portfolio variables defined at events.
B. Portfolio variables defined at events can be referred by or from a parent program.
C. A program cannot include multiple events.
D. Non-portfolio variables can be referenced in the formulae of event variables.
Answer: D
Q10. Click the Exhibit button.
The exhibit shows a button found on the Algo ribbon in Microsoft Excel. What does it do?
A. It provides a method of quickly entering AEM components to use as arguments in add-in functions.
B. It quickly locates a specified cell containing an AEM add-in function.
C. It provides quick view of values and components of a workspace.
D. It allows you to quickly paste the current sheet as values.
Answer: A