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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. What are three types of generator messages? (Choose three.)

A) Information messages
B) Analyzer messages
C) Error messages
D) Warning messages
E) Model messages

2. A colleague has passed you a model built fromStandard Code for verification. The model has iwo products, one with 50 policies and one with 100 policies. The products have their own data source and specific programs. However, when running the model, you notice that 150 policies are going through bothprograms.
What should you do?

A) Add market sector categories to the data sources and programs.
B) Add module categories to the data sources and programs.
C) Add data flow categories to the data sources and programs.
D) Add program type categories to thedata sources and programs.

3. Which statement is true regarding Rollback variables?

A) In a layer, a Rollback variable is calculated together with the step variables at the same projection step.
B) Non-portfolio variables with a step formula can be included in the formulae for a Rollback variable.
C) Portfolio variables without a step formula can be included in the formulae for a Rollback van able.
D) Rollback variables can be included in the formulae for a step variable of the same layer.

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

A) Build Only will generate the code necessary to process the model, showing any warnings or errors that the generator finds when creating the code.
B) Build Only will automatically produce output specific to each calculation allowing detailed checking.
C) Build Only is a tool which steps you through a model build eliminating the possibility of generator errors.
D) Build Only will show how variables interact within the model and produces a list of all interactions.

5. What are the two alternative methods available in Standard Code for initializing portfolio variables for new business? (Choose two.)

A) Additional data view variables may be included in separate data views for new business policies.
B) The initialization module, New_Business, may be used on the main layer of any programsin your model which are required to run new business.
C) A new program may be set up in the model specifically for dealing with new business policies.
D) Anew layer needs to be added to the model which only calculates new business policies.

Solutions: