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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. Which three properties would be set for a layer in a model? (Choose three.)

A) Portfolio Date
B) Step length
C) Layer End Date
D) Model name
E) Layer name

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

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

3. A new AEM user has downloaded Standard Code for the first time. The user knows that they must delete some of the code but cannot rememberwhich part(s).
Which three parts would you tell the user to keep? (Choose three.)

A) All events
B) All assumption sets and data views
C) Only modules specific to their region
D) Only assumption sets and data views beginning "Template_"
E) All modules

4. You need to specify the initial value for in-force policies. What are two ways to do this? (Choose two.)

A) Define them in a data view or database view.
B) Use the initial value property on the step.
C) Calculate them from the program variable's formula (which may call a sub layer).
D) Use an event van able.

5. Which statement is true about events?

A) Portfolio variables defined at events can be referred by or from a parent program.
B) A program cannot include multiple events.
C) Non-portfolio variables can be referenced in the formulae of event variables.
D) The formula of a rollback variable can refer to portfolio variables defined atevents.

Solutions: