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Q11. Click the Exhibit button.

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 is not used in either.

B. A variable or property is common to both the components but has a different formula or value.

C. A variable or property only appears in one of the components.

D. A variable or property is common to both the components but one appears on a step and the other on an event.

Answer: B


Q12. You want to temporarily disable running certain job boxes when you execute the jobstream using shell,secureshell,or DataSynapse.What should you do?

A. Place a runcontrol.SERVICE_NAME.txt file in your

$ALGO_TOP/static/algobatchdirectory where job box is turned off by using a run control flag.

B. Perform a shallow clone of your job stream and remove the job box.

C. Place a runcontrol.SERVICE_NAME.txt file in your$ALGO_TOP/dynamic/algobatch directory where job box is turned off by using arun control flag.

D. Perform a deep clone of your job stream and remove the job box.

Answer: A


Q13. In addition to the command line utilities and databases,which two other componentsmake up the Algo Scenario Engine? (Choose two.)

A. Scenario Editor

B. Algo Scenario Engine Server

C. Scenario Generation Workbench

D. Algo Scenario Builder Server

Answer: A,B


Q14. A colleague has finished editing Standard Code and has passed it to you for development. You notice a padlock symbol next to some of the modules.

What does the padlock mean?

A. This module has additional information attached to it.

B. This module must not be used in development

C. This module is key Standard Code and must be used

D. This module is locked for editing

Answer: D


Q15. 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 Reserve_PP variable is not a portfolio variable.

B. The formula for Reserve_PP in the realistic layer references Reserving Layer instead of Reserving_Layer.

C. There is no variable called Reserve_PP in the reserving layer.

D. Reserve_PP in the reserving layer is a step variable rather than a rollback variable.

Answer: B


Q16. The Algo Batch service is designed to be used under which condition?

A. as a precursor to starting the security service

B. when running the batch in distributed mode

C. when using parallel instances of RiskWatch to process the result of a filter split

D. when linking Algo Scenario Engine with RiskWatch in a batch

Answer: B


Q17. How would you make a model built in Algo Financial Modeler stochastic?

A. Add a stochastic process to a module.

B. Add a stochastic process to a layer in the model.

C. Add a stochastic process to a data process.

D. Add a stochastic process to an assumption set.

Answer: B


Q18. A colleague tells you that it is possible to pass results directly from one model in Algo Financial Modeler to another. Which file type would you reference to do this?

A. wva

B. wvu

C. wvr

D. wvz

Answer: C


Q19. 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

Answer: A,B


Q20. Which three properties would be set for a layer in a model? (Choose three.)

A. Step length

B. Portfolio Date

C. Layer End Date

D. Model name

E. Layer name

Answer: A,C,E