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Q31. Which three components are included in the Standard Code workspace? (Choose three.)

A. Stochastic processes

B. Models

C. Data views

D. Database views

E. Modules

Answer: B,C,E


Q32. What are two specific reasons why Standard Code has been developed? (Choose two.)

A. To enable rapid implementation of programs and lead to models that are easier to understand

B. To promote consistency between models and demonstrate appropriate use of the features within Algo Financial Modeler

C. To provide the user with fully formed models that can be adapted to their specific products and reduce the need for actuarial involvement

D. To minimize the amount of testing required when building a new model within Algo Financial Modeler and provide a guarantee of the accuracy of results

Answer: A,B


Q33. Click the Exhibit button.

The arrow in the exhibit points to something missing in the AFM Output function. What is missing?

A. Filter_Name

B. Event Name

C. Module_Name

D. Program_Name

Answer: D


Q34. What are two principles upon which the Standard Code is based? (Choose two.)

A. The code focuses on calculation efficiency over clarity.

B. The code does not require any checking to ensure that it gives the correct results.

C. Overtime, additional functionality will be included, building a growing library of content.

D. The code is not designed to be used as a black box, but always to be modified to suit specific circumstances.

Answer: C,D


Q35. You are dealing with a model with portfolio date 3 1/12/2010 that has a data layer, a top projection layer (Realistic_Layer), and a stochastic sub layer (Stochastic_Sublayer). A colleague wants information from the 4th scenario in the sub layer on 31/12/2021.

What is the layer path string in the AFMOutput function you would need to achieve this?

A. Stochastic_Sublayer4?3 1/12/2021

B. Realistic_Layer.Stochastic_Sublayer4?31/1 2/2021

C. Realistic_Layer4?31/12/2021

D. Realistic_Layer?31/1 2/2010 .Stochastic_Sublayer:4

Answer: B


Q36. In the analyzer, which type of variable has a red name bar?

A. Assumption set variable

B. Data view variable

C. Layer variable

D. Event variable

Answer: A