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IBM Algo One Fundamentals Sample Questions:

1. What is the standard environment variable that points to the directory that containsthe Algo Core software?

A) *as491*
B) *ALGO_TOP*
C) *ALGO_HOME*
D) *top491*

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

A) when running the batch in distributed mode
B) when using parallel instances of RiskWatch to process the result of a filter split
C) when linking Algo Scenario Engine with RiskWatch in a batch
D) as a precursor to starting the security service

3. Which statement is true about events?

A) A program cannot include multiple events.
B) Portfolio variables defined at events can be referred by or from a parent program.
C) Non-portfolio variables can be referenced in the formulae of event variables.
D) The formula of a rollback variable can refer to portfolio variables defined at events.

4. Click the Exhibit button.

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

A) A variable or property is common to both the components but has a different formula or value.
B) A variable or property is common to both the components but is not used in either.
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.

5. 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 On Balance SheetSPEC,DM On BalanceSheet,HOOJITS"," INC
B) BAS,DM On Balance SheetSPEC,DM OnBalance 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

Solutions: