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NO.1 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
NO.2 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 indevelopment
C. This module is key Standard Code and must be used
D. This module is locked for editing
Answer: D
NO.3 In a model, to what would you attach an assumption set?
A. A data view
B. A module
C. Alayer
D. A projection process
Answer: C
NO.4 If no suffix is attached to a portfolio variable in an event variable is formula, then which value
is used?
A. The value at the end of the step
B. The value at the previous event regardless of type
C. The value at the previous event of the same type
D. The value at the start of the step
Answer: D
NO.5 A client has redesigned their nonprofit endowment product to pay a guaranteed 110% of Sum
Assured on death rather than just the Sum Assured assumed in Standard Code. They want you to
update the model so that it will be unaffected when any future updates of Standard Code are
copied into the workspace.
How would you do this?
A. Change the existing formula to 110%* Sum Assured.
B. Comment out the original code within the existing module and replace with 110% * Sum Assured.
C. Copy the Sum Assured variable into a blank line at the bottom of theproduct and change the code
to 110% * Sum Assured.
D. Copy the Sum Assured variable into a blank line at the bottom of the module and change the
code to 110% it Sum Assured.
Answer: A
NO.6 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
NO.7 Which three would you attach to a program on a projection process inside a layer? (Choose
three.)
A. An assumption set
B. A data process
C. An aggregation report
D. A category
E. A module
Answer: A,C,D
NO.8 What is the role of modules in AEM?
A. Modules are components used to specify all data variables that are being passed in from an
external source.
B. Modules are sets of variables and events for carrying out calculations in Algo Financial Modeler.
C. Modules provide a diagrammatic view of a company structure that can be visualized within Algo
Financial modeler.
D. Modules containing all the components needed to complete a set of calculations in Algo Financial
Modeler are combined.
Answer: B