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IBM Algo One Fundamentals Sample Questions:

1. Click the Exhibit button.

Referring to the exhibit, what does the symbol shown on the Algo Financial Modeler toolbar do?

A) It launches the AFM help file.
B) It applies any changes in the model.
C) It highlights orphan variables.
D) It produces a Build Only version of the model.

2. 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

3. You are dealing with a model with portfolio date 3 1/12/2010 that has a data layer, a top projection layer (Realistic_Layer), and a stochastic sub layer (Stochastic_Sublayer). A colleague wants information from the 4th scenario in the sub layer on 31/12/2020.
What is the layer path string in the AFMOutput function you would need to achieve this?

A) Realistic_Layer.Stochastic_Sublayer4?31/1 2/2020
B) Stochastic_Sublayer4?3 1/12/2020
C) Realistic_Layer?31/1 2/2010 .Stochastic_Sublayer:4
D) Realistic_Layer4?31/12/2020

4. In which two locations would an analyzer tool be found? (Choose two.)

A) Models
B) Results Workspace
C) Modules
D) Categories

5. Click the Exhibit button.

The exhibit shows a picture of the compare page.
What is meant by the areas highlighted in blue in the Step variables box?

A) A variable or property is common to both the components but has a different formula or value.
B) A variable or property is common to both the components but one appears on a step and the other on an event.
C) A variable or property is common to both the components but is not used in either.
D) A variable or property only appears in one of the components.

Solutions: