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IBM Algo One Fundamentals Sample Questions:

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

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

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

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

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

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

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

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

5. 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.

Solutions: