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Updated: Jun 01, 2026

No. of Questions: 60 Questions & Answers with Testing Engine

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IBM Algo Financial Modeler Developer Fundamentals Sample Questions:

1. What are the two alternative methods available in Standard Code for initializing portfolio variables for new business? (Choose two.)

A) Additional data view variables may be included in separate data views for new business policies.
B) The initialization module, New_Business, may be used on the main layer of any programsin your model which are required to run new business.
C) Anew layer needs to be added to the model which only calculates new business policies.
D) A new program may be set up in the model specifically for dealing with new business policies.


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

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


3. Which two actuarial calculations are available in the Standard Code? (Choose two.)

A) Embedded value
B) Reserving
C) Asset Liability modeling
D) Solvency II standard formula


4. Click theExhibit button.

The exhibit shows a button found on the Algo ribbon in Microsoft Excel. What does it do?

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


5. Click the Exhibitbutton.

The exhibit shows a picture of the compare page.
What is meant by the yellow highlighted areas in the Step variables box?

A) A variable or property is common to both the components but one appears on a step and the other on an event.
B) A variable or property only appears in one of the components.
C) A variable or property is common to both the components but is not used in either.
D) A variable or property is common to both the components but has a different formula or value.


Solutions:

Question # 1
Answer: A,B
Question # 2
Answer: B,C
Question # 3
Answer: A,B
Question # 4
Answer: C
Question # 5
Answer: D

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