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IBM Algo One Fundamentals Sample Questions:
1. In some cases,UDS loadable input data name and ID values contain quotationmarks and/or commas such as the name shown below:
HOOJITS,INC
Given the information above,which example record is formatted for a correct dataload?
A) BAS,DM On Balance SheetSPEC,DM OnBalance SheetSPEC,DM On BalanceSheet,HOOJITS,INC
B) BAS,DM On Balance SheetSPEC,DM On Balance SheetSPEC,DM On BalanceSheet,HOOJITS"," INC
C) BAS,DM On Balance SheetSPEC,DM OnBalance SheetSPEC,DM On BalanceSheet,"HOOJITS,INC"
D) BAS,DM On Balance SheetSPEC,DM On Balance SheetSPEC,DM On BalanceSheet,HOOJITS\,INC
2. Which three properties would be set for a layer in a model? (Choose three.)
A) Layer name
B) Portfolio Date
C) Layer End Date
D) Step length
E) Model name
3. What are two principles upon which the Standard Code is based? (Choose two.)
A) Overtime, additional functionality will be included, building a growing library of content.
B) The code is not designed to be used as a black box, but always to be modified to suit specific circumstances.
C) The code does not require any checking to ensure that it gives the correct results.
D) The code focuses on calculation efficiency over clarity.
4. Which statement is true about events?
A) A program cannot include multiple events.
B) Non-portfolio variables can be referenced in the formulae of event variables.
C) The formula of a rollback variable can refer to portfolio variables defined at events.
D) Portfolio variables defined at events can be referred by or from a parent program.
5. What is the standard environment variable that points to the directory that containsthe Algo Core software?
A) *as491*
B) *top491*
C) *ALGO_HOME*
D) *ALGO_TOP*
Solutions:
Question # 1 Answer: C | Question # 2 Answer: A,C,D | Question # 3 Answer: A,B | Question # 4 Answer: B | Question # 5 Answer: C |