ARGUS CERTIFICATION 180 EXAM QUESTIONS
AND ANSWERS 2024
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation -
ANSWER True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - ANSWER True
In AE, a user can add over 100 properties into a portfolio. - ANSWER 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 - ANSWER All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. -
ANSWER True
The Discard Changes option will discard only the last change you have made to the
property record. - ANSWER False
Only users with appropriate permissions can access all of the features in the Control
Panel. - ANSWER True
To lock down a specific property and restrict who can edit it, click the
_____________ button located in the ARGUS Enterprise Ribbon bar. - ANSWER
Check Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. -
ANSWER 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 - ANSWER All of the above
True or False: Every inflation category must be given a number or it will default to the
General Inflation Rate. - ANSWER 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%). - ANSWER $7,800
(.6*13000)
, Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - ANSWER $0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - ANSWER $13,000
What is the Capital Expense amount that will appear on the Cash Flow? -
ANSWER $63,654???
Free Rent, by default, kick in at the beginning of the _________. - ANSWER
Tenant's Lease Start Date
The default recovery structure in ARGUS enterprise is __________. - ANSWER
Net
The Available Date column in the Tenants - Rent Roll, represents the start of the
tenant's lease. - ANSWER 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. - ANSWER 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. - ANSWER 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 - ANSWER c) Inserts a new contract lease
The inflation rates are displayed on which report? - ANSWER Property Summary
Which report displays New Market, Renewal Market, and Weighted Average results?
- ANSWER 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? - ANSWER The 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. -
ANSWER Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in
a base year stop structure? - ANSWER $0
What will LB Corporation pay for reimbursements in 2017? - ANSWER The
amount of 2017 total operating expenses over 2016 total operating expenses
AND ANSWERS 2024
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation -
ANSWER True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - ANSWER True
In AE, a user can add over 100 properties into a portfolio. - ANSWER 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 - ANSWER All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. -
ANSWER True
The Discard Changes option will discard only the last change you have made to the
property record. - ANSWER False
Only users with appropriate permissions can access all of the features in the Control
Panel. - ANSWER True
To lock down a specific property and restrict who can edit it, click the
_____________ button located in the ARGUS Enterprise Ribbon bar. - ANSWER
Check Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. -
ANSWER 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 - ANSWER All of the above
True or False: Every inflation category must be given a number or it will default to the
General Inflation Rate. - ANSWER 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%). - ANSWER $7,800
(.6*13000)
, Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - ANSWER $0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - ANSWER $13,000
What is the Capital Expense amount that will appear on the Cash Flow? -
ANSWER $63,654???
Free Rent, by default, kick in at the beginning of the _________. - ANSWER
Tenant's Lease Start Date
The default recovery structure in ARGUS enterprise is __________. - ANSWER
Net
The Available Date column in the Tenants - Rent Roll, represents the start of the
tenant's lease. - ANSWER 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. - ANSWER 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. - ANSWER 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 - ANSWER c) Inserts a new contract lease
The inflation rates are displayed on which report? - ANSWER Property Summary
Which report displays New Market, Renewal Market, and Weighted Average results?
- ANSWER 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? - ANSWER The 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. -
ANSWER Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in
a base year stop structure? - ANSWER $0
What will LB Corporation pay for reimbursements in 2017? - ANSWER The
amount of 2017 total operating expenses over 2016 total operating expenses
