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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. Click theExhibit button.

The exhibit shows a button found on the Algo ribbon in Microsoft Excel. What does it do?

A) It provides quick view of values and components of a workspace.
B) It allows you to quickly paste the current sheet as values.
C) It quickly locates a specified cell containing an AEM add-in function.
D) It provides a method of quickly entering AEM components to use as arguments in add-in functions.


2. What would cause a runtime error rather than a generator error?

A) A missing variable in an internal assumption set
B) A variable being incorrectly set as a portfolio variable when it is actually a non-portfolio variable
C) A missing internal assumption set
D) An error in the underlying data file


3. 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 formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.
C) Reserve_PP in the reserving layer is a step variable rather than a rollback variable.
D) The Reserve_PP variable is not a portfolio variable.


4. Which statement is true regarding Rollback variables?

A) A Rollback variable is defined in the Events page.
B) If the Initial value property is blank, a Rollback variable will have an initial value of 0.
C) It is always required to specify an initial value for aRollback variable.
D) An initial value of a Rollback variable is specified using the reset formula.


5. In which two situations must you have the portfolio property set to "Yes"? (Choose two.)

A) If a variable is defined in the data view but does not need to be passed into the program.
B) If a variable is a stochastic variable.
C) If a step variable needs to be passed into the sub layer.
D) If a variable needs to be accessed at future events.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: D
Question # 3
Answer: B
Question # 4
Answer: B
Question # 5
Answer: C,D

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