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IBM Algo One Fundamentals Sample Questions:
1. After setting a model to run, at which three points of this process would a runtime error likely occur? (Choose three.)
A) When the code is being linked.
B) When the code is being generated.
C) When the data is being processed from the source.
D) When the results are being written.
E) When the records are being processed.
2. Click the Exhibit button.
The exhibit shows a representation of the principles used in Standard Code when building programs.
What is missing from the blank boxes?
A) A process, one process building block, and one product building block
B) A product, one process building block, and one product building block
C) A process and two process building blocks
D) A product and two process building blocks
3. Which three suffixes are used by a variable on an event to refer to a portfolio variable? (Choose three.)
A) .End
B) .Prey
C) .Total
D) .Curr
E) .Start
4. Click the Exhibit button.
The arrow in the exhibit points to something missing in the AFM Output function. What is missing?
A) Event Name
B) Module_Name
C) Program_Name
D) Filter_Name
5. What are two specific reasons why Standard Code has been developed? (Choose two.)
A) To enable rapid implementation of programs and lead to models that are easier to understand
B) To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement
C) To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
D) To minimize the amount of testing required when building a new model within Algo Financial Modeler and provide a guarantee of the accuracy of results
Solutions:
Question # 1 Answer: C,D,E | Question # 2 Answer: C | Question # 3 Answer: B,D,E | Question # 4 Answer: C | Question # 5 Answer: A,C |