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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

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

A) To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
B) To enable rapid implementation of programs and lead to models that are easier to understand
C) To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement
D) To minimize the amount of testing required when building a new model within Algo Financial Modelerand provide a guarantee of the accuracy of results

2. What are two Algo Financial Modeler output types? (Choose two.)

A) Targeted output
B) Aggregated output
C) Categorized output
D) Individual output

3. What is an example of a generator error?

A) A layer is processed record by record and accepts new business.
B) One record is processed of which one was in-force at the start of the layer.
C) There are unsuppressed copies of Variable X.
D) Variable X cannot be passed to "Layer Y" because it requires output from it.

4. Click the Exhibit button.

The exhibit shows the analyzer tab using the results file of a previously run model. This could have been produced using one of two runtypes.
What are the run types? (Choose two.)

A) Filtered Sample
B) Group
C) Sample All
D) Live

5. How do you reference a variable from the previous occurrence of a particular event type?

A) <Event Type>.Prev.<Variable>
B) <Event Type>.<Variable>.Curr
C) <Event Type>.Curr.<Variable>
D) <Event Type>.<Variable>.Prev

Solutions: