Argus Certification Practice Test, ARGUS Certification Exam

Argus Certification Practice Test, ARGUS
Certification Exam
True or False: ARGUS Enterprise merges three industry standard solutions:
ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-
Capitalisation
True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate
within certain sections of the program.
True
In AE, a user can add over 100 properties into a portfolio.
True
Which is a benefit to utilizing a Chart of Accounts?
a) Easier to track Revenues/Expenses
b) Standardizes portfolio for names of all Expenses/Revenues
c) Helps with accounting system integration
d) All of the above
All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio.
True
The Discard Changes option will discard only the last change you have made to
the property record.
False
Only users with appropriate permissions can access all of the features in the
Control Panel.
True
To lock down a specific property and restrict who can edit it, click the
_____________ button located in the ARGUS Enterprise Ribbon bar.
Check Out Property
True or False: You can import and/or export v15 DCF files from ARGUS
Enterprise.
True
The Expense Inflation Rate will be the default percentage for:
a) Operating Expenses
b) Non-Operating Expenses
c) Capital Expenses
d) All of the above
All of the above
True or False: Every inflation category must be given a number or it will default to
the General Inflation Rate.
False
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis (revenue is $13,000 with fixed percentage of 0%).
$7,800 (.6*13000)

, Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis.
$0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis.
$13,000
What is the Capital Expense amount that will appear on the Cash Flow?
$63,654???
Free Rent, by default, kick in at the beginning of the _________.
Tenant's Lease Start Date
The default recovery structure in ARGUS enterprise is __________.
Net
The Available Date column in the Tenants - Rent Roll, represents the start of the
tenant's lease.
False. The Start Date represents the start of the tenants lease.
True or False: By default, Tenant Improvements and Leasing Commissions are
paid at the start of the tenant's lease.
True
True or False: The Upon Expiration field within the Market Leasing profile allows
users to select a different Market Leasing profile to be used after the first Market
Leasing term is over.
True
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile terms
b) Utilizes the New Market Leasing profile terms
c) Inserts a new contract lease into the Rent Roll
d) None of the above
c) Inserts a new contract lease
The inflation rates are displayed on which report?
Property Summary
Which report displays New Market, Renewal Market, and Weighted Average
results?
Assumptions Report
When your resale calculation is set to CAP NOI (12 months after sale), which
year's NOI will be used when analyzing a 6-year analysis?
The 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab.
Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year
in a base year stop structure?
$0
What will LB Corporation pay for reimbursements in 2017?
The amount of 2017 total operating expenses over 2016 total operating expenses
What will LB Corporation pay for reimbursements in 2018?
The amount of 2018 total operating expenses over 2016 total operating expenses