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

2. After setting a model to run, at which three points of this process would a runtime error likely occur? (Choose three.)

A) When the code is being linked.
B) When the data is being processed from the source.
C) When the results are being written.
D) When the records are being processed.
E) When the code is being generated.

3. Click the Exhibit button.

You built a model where the reserve is calculated on a sub reserving layer as shown in the exhibit. The realistic layer calls a variable "Reserve_PP: from the reserving layer. When you run the model, Algo Financial Modeler presents you with the following generator error
Reserve_PP: "ReservingLayer is not recognized"
What is the problem?

A) The formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.
B) Reserve_PP in the reserving layer is a step variable rather than a rollback variable.
C) There is no variable called Reserve_PP in the reserving layer.
D) The Reserve_PP variable is not a portfolio variable.

4. Which two would cause a runtime error? (Choose two.)

A) A runtime error would occur if there was a "divide by zero" in the code.
B) A runtime error would occur if an input data file was missing.
C) A runtime error would occur if there was no output report attached to the model.
D) A runtime error would occur if an assumption set was missing from the model.

5. In which two formats will Algo Batch generate execution reports? (Choose two.)

A) PDF
B) HTML
C) BIN
D) CSV

Solutions: