BAS-002 Questions and Answers (PDF)

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IBM BAS-002

IBM Algo Financial Modeler Developer Fundamentals

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Question: 1 In a model, to what would you attach an assumption set? A. A data view B. A module C. A layer D. A projection process

Answer: C Question: 2 In which situation do we need to specify the initial value for portfolio variables? A. When portfolio variables are referenced with a .index suffix in the formulae for step or event variables in a program. B. When portfolio variables are referenced with a .end suffix in the formulae for step or event variables in a program. C. When portfolio variables are referenced with a .prev suffix in the formulae for step or event variables in a program. D. When portfolio variables are referenced with a .curr suffix in the formulae for step or event variables in a program.

Answer: C Question: 3 Which statement is true regarding Rollback variables? A. It is always required to specify an initial value for a Rollback variable. B. An initial value of a Rollback variable is specified using the reset formula. C. If the Initial value property is blank, a Rollback variable will have an initial value of 0. D. A Rollback variable is defined in the Events page.

Answer: C

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Question: 4 A colleague asks you to customize an Excel worksheet to read in values from an Algo Einancial Modeler workspace. In each cell you need to return a value from output produced by AFM. Which function would you use? A. AFMWorkspaceInfo B. AEMModelInfo C. AEMOutput D. AEMVariableInfo

Answer: C Question: 5 What is the top (yellow) layer of a model called? A. Reserving Layer B. Data Layer C. Assets Layer D. Realistic Layer

Answer: B Question: 6 Which three events are used in Standard Code? (Choose three.) A. Premium_Event B. Policy_Anniversary_Event C. Maturity_Event D. Vesting_Event E. Policy_Inception_Event

Answer: A, B, D

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Question: 7 You are setting up a new data view for a .csv file. Which two properties must you set? (Choose two.) A. Separator B. Database table name C. File type D. Filter formula

Answer: A, C

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IBM BAS-002

IBM Algo Financial Modeler Developer Fundamentals

http://www.examkill.com/BAS-002.html

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