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IBM Algo One Fundamentals Sample Questions:

1. 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 quickly locates a specified cell containing an AEM add-in function.
C) It provides a method of quickly entering AEM components to use as arguments in add-in functions.
D) It provides quick view of values and components of a workspace.

2. Which statement is true regarding Rollback variables?

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

3. Click the Exhibit button.

Referring to the exhibit, what would cause a problem if the model was run?

A) The same projection process is used in both top layers.
B) It contains a nested stochastic process.
C) A model can only have one top projection layer.
D) The data layer has more than one data process.

4. In which two ways are modules used? (Choose two.)

A) Modules can specify which variables are to be included in certain forms of output (aggregated results and individual results) produced by Algo Financial Modeler.
B) A module is where a diagrammatic view can be created to show how products interact with funds and company level requirements.
C) A module can be added to a program to cause the variables in the module to be included in the program.
D) A module can be included as a sub module within another to cause the variables in the sub module to be included in the containing module.

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

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

Solutions: