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IBM Algo One Fundamentals Sample Questions:

1. Which two actuarial calculations are available in the Standard Code? (Choose two.)

A) Solvency II standard formula
B) Asset Liability modeling
C) Reserving
D) Embedded value

2. Click the Exhibit button.

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

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

3. Which statement is true regarding Rollback variables?

A) Non-portfolio variables with a step formula can be included in the formulae for a Rollback variable.
B) Rollback variables can be included in the formulae for a step variable of the same layer.
C) Portfolio variables without a step formula can be included in the formulae for a Rollback van able.
D) In a layer, a Rollback variable is calculated together with the step variables at the same projection step.

4. What do you need to do to setup Algo databases in batch mode?

A) Set the appropriate values in *$ALGO_TOP/cfg/algosuitelocal.xml*,then run*$ALGO_HOME/setup/bin/setupbatch*.
B) Set the appropriate values in *$ALGO_TOP/cfg/algosuiteglobal.xml*,then run*$ALGO_HOME/setup/bin/algosetupbatch*.
C) Set the appropriate values in *$ALGO_TOP/cfg/algosuiteglobal.xml*,then run*$ALGO_HOME/setup/bin/setupbatch*.
D) Set the appropriate values in *$ALGO_TOP/cfg/algosuitelocal.xml*,then run*$ALGO_HOME/setup/bin/algosetupbatch*.

5. A colleague tells you that it is possible to pass results directly from one model in Algo Financial Modeler to another. Which file type would you reference to do this?

A) wvz
B) wva
C) wvu
D) wvr

Solutions: