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  • Exam Code: C2020-002
  • Exam Name: IBM Algo Financial Modeler Developer Fundamentals
  • Updated: Jul 18, 2026
  • Q & A: 60 Questions and Answers
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  • Exam Code: C2020-002
  • Exam Name: IBM Algo Financial Modeler Developer Fundamentals
  • Updated: Jul 18, 2026
  • Q & A: 60 Questions and Answers
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  • Exam Code: C2020-002
  • Exam Name: IBM Algo Financial Modeler Developer Fundamentals
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IBM C2020-002 Exam Syllabus Topics:

SectionObjectives
IBM Algo Financial Modeler Fundamentals- Core AFM Concepts
  • 1. Standard Code workspace principles
    • 2. Model structure and layers (data, reserving, realistic)
      - Model Execution & Output
      • 1. Live run and batch run outputs
        • 2. Output reports configuration
          - Model Development
          • 1. Data views and data sources configuration
            • 2. Modules and programs usage
              • 3. Variables and assumption sets
                - Data Management
                • 1. Data flow and categorization
                  • 2. CSV/data view setup and configuration
                    - Error Handling & Debugging
                    • 1. Model troubleshooting and validation
                      • 2. Runtime vs generator errors

                        IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

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

                        A) Build Only is a tool which steps you through a model build eliminating the possibility of generator errors.
                        B) Build Only will generate the code necessary to process the model, showing any warnings or errors that the generator finds when creating the code.
                        C) Build Only will automatically produce output specific to each calculation allowing detailed checking.
                        D) Build Only will show how variables interact within the model and produces a list of all interactions.


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

                        A) Using scalar values directly inassumption sets
                        B) Using tables of values in a module and formulae to extract the appropriate values
                        C) Using tables of values in the assumption sets and formulae to extract the appropriate values
                        D) Using scalar values directly in a module


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

                        A) The code does not require any checking to ensure that it gives the correct results.
                        B) The code is not designed to be used as a black box, but always to be modified to suit specific circumstances.
                        C) The code focuses on calculation efficiency over clarity.
                        D) Overtime,additional functionality will be included, building a growing library of content.


                        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 non-portfolio and should be portfolio.
                        B) Variable_A is portfolio and should be non-portfolio.
                        C) Variable_A is portfolio and should be non-portfolio.
                        D) Variable_A is non-portfolio and shouldbe portfolio.


                        5. 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 run types? (Choose two.)

                        A) Group
                        B) Sample All
                        C) Live
                        D) Filtered Sample


                        Solutions:

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

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