IBM BAS-002 exam practice questions and answers

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Exam Code: BAS-002
Exam Name: IBM (IBM Algo Financial Modeler Developer Fundamentals)
Free One year updates to match real exam scenarios, 100% pass and refund Warranty.
Total Q&A: 60 Questions and Answers
Last Update: 2013-10-25

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NO.1 In a model, to what would you attach an assumption set?
A. A data view
B. A module
C. A layer
D. A projection process
Answer: C

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NO.2 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

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NO.3 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

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NO.4 After setting a model to run, at which three points of this process would a runtime error likely
occur? (Choose three.)
A. When the data is being processed from the source.
B. When the code is being generated.
C. When the records are being processed.
D. When the code is being linked.
E. When the results are being written.
Answer: A,C,E

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NO.5 What is the top (yellow) layer of a model called?
A. Reserving Layer
B. Data Layer
C. Assets Layer
D. Realistic Layer
Answer: B

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NO.6 Other than for a product, what would be another purpose for using the BB Matrix
spreadsheet?
A. A process
B. An ESG file
C. An external assumption file
D. A model
Answer: A

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NO.7 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

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NO.8 A colleague asks you to customize an Excel worksheet to read in values from an Algo Einancial
Modeler workspace. In each cell you need to return a value from output produced by AFM.
Which function would you use?
A. AFMWorkspaceInfo
B. AEMModelInfo
C. AEMOutput
D. AEMVariableInfo
Answer: C

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