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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 data is being processed from the source.
B) When the code is being generated.
C) When the results are being written.
D) When the records are being processed.
E) When the code is being linked.

2. Which three components are included in the Standard Code workspace? (Choose three.)

A) Modules
B) Stochastic processes
C) Models
D) Data views
E) Database views

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

A) 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
B) To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler
C) To enable rapid implementation of programs and lead to models that are easier to understand
D) To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement

4. Which two features appear in a module? (Choose two.)

A) Initialization modules
B) Filter formula
C) Rollback calculations
D) Events calculations

5. What is the standard environment variable that points to the directory that containsthe Algo Core software?

A) *as491*
B) *top491*
C) *ALGO_TOP*
D) *ALGO_HOME*

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