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2021 Oct C2021-003 vce
Q21. Click the Exhibit button.
The arrow in the exhibit points to something missing in the AFM Output function. What is missing?
A. Filter_Name
B. Event Name
C. Module_Name
D. Program_Name
Answer: D
Q22. Click the Exhibit button.
Referring to the exhibit, what would cause a problem if the model was run?
A. It contains a nested stochastic process.
B. The data layer has more than one data process.
C. The same projection process is used in both top layers.
D. A model can only have one top projection layer.
Answer: D
Q23. What are two specific reasons why Standard Code has been developed? (Choose two.)
A. To enable rapid implementation of programs and lead to models that are easier to understand
B. To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
C. To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement
D. To minimize the amount of testing required when building a new model within Algo Financial Modeler and provide a guarantee of the accuracy of results
Answer: A,B
Q24. In which two locations would an analyzer tool be found? (Choose two.)
A. Results Workspace
B. Modules
C. Categories
D. Models
Answer: A,B
Q25. Which two actuarial calculations are available in the Standard Code? (Choose two.)
A. Embedded value
B. Reserving
C. Asset Liability modeling
D. Solvency II standard formula
Answer: A,B
Up to date C2021-003 exam prep:
Q26. CORRECT TEXT
A client has a portfolio of 200 instruments. Their scenario set contains 10,000scenarios.
The simulation is configured with five simulatable attributes across 10time steps. The cube does not contain any currencies or risk factors.What is the approximate size of the cube?
A. 100 MB
B. 400 MB
C. 800 MB
D. 1 GB
Answer: C
Q27. Which three suffixes are used by a variable on an event to refer to a portfolio variable? (Choose three.)
A. .End
B. .Start
C. .Curr
D. .Prey
E. .Total
Answer:: B,C,D
Q28. You want to temporarily disable running certain job boxes when you execute the jobstream using shell,secureshell,or DataSynapse.What should you do?
A. Place a runcontrol.SERVICE_NAME.txt file in your
$ALGO_TOP/static/algobatchdirectory where job box is turned off by using a run control flag.
B. Perform a shallow clone of your job stream and remove the job box.
C. Place a runcontrol.SERVICE_NAME.txt file in your$ALGO_TOP/dynamic/algobatch directory where job box is turned off by using arun control flag.
D. Perform a deep clone of your job stream and remove the job box.
Answer: A
Q29. Which three properties would be set for a layer in a model? (Choose three.)
A. Step length
B. Portfolio Date
C. Layer End Date
D. Model name
E. Layer name
Answer: A,C,E
Q30. Which two would cause a runtime error? (Choose two.)
A. A runtime error would occur if an assumption set was missing from the model.
B. A runtime error would occur if there was a “divide by zero” in the code.
C. A runtime error would occur if an input data file was missing.
D. A runtime error would occur if there was no output report attached to the model.
Answer: B,C