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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

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

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

2. What is the role of modules in AEM?

A) Modules provide a diagrammatic view of a company structure that can be visualized within Algo Financial modeler.
B) Modules are components used to specify all data variables that are being passed in from an external source.
C) Modules containing all the components needed to complete a set of calculations in Algo Financial Modeler are combined.
D) Modules are sets of variables and events for carrying out calculations in Algo Financial Modeler.

3. What are two Algo Financial Modeler output types? (Choose two.)

A) Categorized output
B) Targeted output
C) Aggregated output
D) Individual output

4. What is an example of a generator error?

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

5. Click the Exhibit button.

You built a model where the reserve is calculated on a sub reserving layer as shown inthe exhibit. The realistic layer calls a variable "Reserve_PP: from the reserving layer. When you run the model, Algo Financial Modeler presents you with the following generator error
Reserve_PP: "ReservingLayer is not recognized"
What is the problem?

A) There is no variable called Reserve_PP in the reserving layer.
B) The Reserve_PP variable is not a portfolio variable.
C) The formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.
D) Reserve_PP in the reserving layer is a step variable rather than a rollback variable.

Solutions: