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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. What is an example of a generator error?

A) Variable X cannot be passed to "Layer Y" because it requires output from it.
B) One record is processed of which one was in-force at the start of the layer.
C) A layer is processed record by record and accepts new business.
D) There are unsuppressed copies of Variable X.

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) wvu
B) wvr
C) wvz
D) wva

3. How would you make a model built in AlgoFinancial Modeler stochastic?

A) Add a stochastic process to a module.
B) Add a stochastic process to a layer in the model.
C) Add a stochastic process to a data process.
D) Add a stochastic process to an assumption set.

4. In which two ways are modules used? (Choose two.)

A) A module can be added to a program to cause the variables in the module to be included in the program.
B) A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements.
C) Modules can specify which variables are to be included in certain formsof output (aggregated results and individual results) produced by Algo Financial Modeler.
D) A module can be included as a submodule within another to cause the variables in the sub module to be included in the containing module.

5. 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

Solutions: