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IBM Algo One Fundamentals Sample Questions:

1. Click the Exhibit button.

The arrow in the exhibit points to something missing in the AFM Output function. What is missing?

A) Module_Name
B) Filter_Name
C) Event Name
D) Program_Name

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

3. When active,what does the Algo Security Dual Control functionality ensure?

A) that security changes will have a separate confirmation step
B) that there are a minimum of two Algo User IDs for each role
C) that Pair Programming is enabled
D) that security changes must be made in two places

4. Which two parameters are required for the generation of Monte Carlo scenariosusing the Algo Scenario Engine? (Choose two.)

A) simulation start date
B) an active connection to the Algo database using UDS
C) number of triggers and trigger size
D) a minimum of 365 days of historical data

5. When using IDM,where are the filters saved?

A) in a RiskWatch session file
B) in the Algo database
C) in a binary file under $ALGO_TOP/static/uds
D) in a binary file under $ALGO_TOP/dynamic/uds

Solutions: