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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

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

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

2. You have a model with a data layer, a top projection layer, and a sub layer. When the sub layer is called, what will be the portfolio date of that layer?

A) The start date of the projection process
B) The start date of the model
C) The inception date of the first data record
D) The step date of the top projection layer at which the sub layer is called

3. Which three would you attach to a program on a projection process inside a layer? (Choose three.)

A) A data process
B) A category
C) A module
D) An aggregation report
E) An assumption set

4. 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.

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

Solutions: