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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. In a model, to what would you attach an assumption set?

A) A module
B) A data view
C) A projection process
D) Alayer

2. 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.

3. Which three events are used inStandard Code? (Choose three.)

A) Premium_Event
B) Policy_Inception_Event
C) Maturity_Event
D) Policy_Anniversary_Event
E) Vesting_Event

4. What is an example of a generator error?

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

5. You are setting up a new data view for a .csv file. Which two properties must youset? (Choose two.)

A) Database table name
B) File type
C) Separator
D) Filter formula

Solutions: