ARGUS Certification Exam Questions and Correct Solutions 2024

ARGUS Certification Exam Questions and Correct Solutions 2024 AE merges three industry standard solutions: Argus valuation - DCF, asset management, and valuationcapitalisation - Answer -TRUE In AE 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 What are the benefits of utilizing a Chart of Accounts? - Answer -Easier to track revenues/expenses, standardizes portfolio for names of all expenses/revenues, helps with accounting system integration In AE 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 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 AE ribbon bar - Answer -Check Out Property You can import and/or export vDCF Files from AE - Answer -TRUE The Expense Inflation Rate will be the default percentage for: - Answer -Operating Expenses, nonoperating expenses, capital expenses Every inflation category must be given a number, or it will default to the General Inflation Rate - Answer - FALSE Assuming 60% occupancy calculate the Vending Machine Revenue in Year 1 of analysis - Answer -13,000 X .6 = 7800 Assuming 0% occupancy calculate the Vending Machine Revenue in Year 1 of analysis - Answer -13,000 X .0 = 0 Assuming 100% occupancy calculate the Vending Machine Revenue in Year 1 of analysis - Answer -13000 X .1 Using the following screenshot, what is the capital expense amount that will appear on the cash flow - Answer -60,000 x 1.03 x 1.03 = 63,654Free Rent, by default, kicks in at the beginning of the____________ - Answer -Tenant's lease start date The defautl recovery structure in AE is _______ - Answer -Net The Available date column in the Tenants - Rent Roll, represents the start of the tenant's lease? - Answer -FALSE By default, Tenant Improvements and Leasing Commissions are paid at the start of the tenant's lease? - Answer -TRUE 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 Contract Renewal: - Answer -Inserts a new contract lease into the rent roll The inflation rates are displayed on which report? - Answer -Property Summary Which report displays New Market, Renewal Market and Weighted Averages 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 -7th If 12% is a desired return, enter 12% in the ______ parent tab - Answer -Valuation Use the following screenshot to answer this question: What will LB Corporation pay for reimbursements in 2016? - Answer -0 because its base year Use the following screenshot to answer this question: What will LB Corporation pay for reimbursements in 2017? - Answer -2017 op expenses - 2016 op expenses Use the following screenshot to answer this question: What will LB Corporation pay for reimbursements in 2018? - Answer -(2018 op expenses - 2017 op expenses) + 2017 reimbursements If a tenant's space is available, but sitting vacant before they move in and you want to show that vacancy on reports, what do you need to enter in for the Lease dates? - Answer -The available date needs to be when the space is available and the start date needs to be when the tenant's lease begins Step Rent increases can be applied in the Step Rent field or in the Base rent varies window? - Answer - TRUE Use the following screenshot: Assuming a sale Date of December 2020, what will be the net proceeds from sale if we have a resale calculation that capitalizes on