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IBM Algo One Fundamentals Sample Questions:

1. Click the Exhibit button.

Referring to the exhibit, what would cause a problem if the model was run?

A) The data layer has more than one data process.
B) It contains a nested stochastic process.
C) The same projection process is used in both top layers.
D) A model can only have one top projection layer.

2. What are two specific reasons why Standard Code has been developed? (Choose two.)

A) To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement
B) To enable rapid implementation of programs and lead to models that are easier to understand
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

3. In some cases,UDS loadable input data name and ID values contain quotationmarks and/or commas such as the name shown below:
HOOJITS,INC
Given the information above,which example record is formatted for a correct dataload?

A) BAS,DM On Balance SheetSPEC,DM On Balance SheetSPEC,DM On BalanceSheet,HOOJITS\,INC
B) BAS,DM On Balance SheetSPEC,DM On Balance SheetSPEC,DM On BalanceSheet,HOOJITS"," INC
C) BAS,DM On Balance SheetSPEC,DM OnBalance SheetSPEC,DM On BalanceSheet,HOOJITS,INC
D) BAS,DM On Balance SheetSPEC,DM OnBalance SheetSPEC,DM On BalanceSheet,"HOOJITS,INC"

4. Click the Exhibit button.

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

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

5. 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 and two process building blocks
B) A process, one process building block, and one product building block
C) A product and two process building blocks
D) A product, one process building block, and one product building block

Solutions: