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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. 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) Modules can specify which variables are to be included in certain formsof output (aggregated results and individual results) produced by Algo Financial Modeler.
C) 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.
D) A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements.

2. You need to specify the initial value for in-force policies. What are two ways to do this? (Choose two.)

A) Define them in a data view or database view.
B) Calculate them from the program variable's formula (which may call a sub layer).
C) Use the initial value property on the step.
D) Use an event van able.

3. 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.

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

A) Build Only will show how variables interact within the model and produces a list of all interactions.
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 is a tool which steps you through a model build eliminating the possibility of generator errors.
D) Build Only will automatically produce output specific to each calculation allowing detailed checking.

5. Which two statements are true about portfolio variables? (Choose two.)

A) Only portfolio variables can be passed from projection step to projection step.
B) Only portfolio variables in the data view will be passed into the projection layer.
C) Portfolio variables can be summed (event plus step values) over a projection step using the totals syntax.
D) Portfolio is a localproperty of the variable.

Solutions: