ARGUS CERTIFICATION PRACTICE TEST EXAM||
2025 LATELY UPDATED QUESTIONS AND 100%
CORRECT ANSWERS WITH A GUARANTEED A+||
LATEST AND COMPLETE UPDATE 2025 WITH
VERIFIED SOLUTIONS|| ASSURED PASS!!!
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
Market Leasing Assumptions are used for what purpose? - ANSWER- To control
what happens to the contract lease after it expires and goes to market
Market Leasing Assumptions can be accessed from (2) - ANSWER- Executive
Dashboard(Market drop down menu, market leasing assumptions) or from the Rent
Roll
Upon Expiration drop-down menu - ANSWER- Control how the program will
blend the MLA numbers
Market (Upon Expiration selection) - ANSWER- Weighted average of new and
renewal numbers
,Page 2 of 17
Formula for the Market Rate Upon Expiration calculations - ANSWER- [Renewal
Mkt% x Renewal Mkt Numbers] + [New Mkt% + new Mkt Numbers] = Market
Rate
Possible Options of the Upon Expiration drop-down menu (6) - ANSWER-
Market, Renew, Vacate, Option, ReAbsorb, Non-Contiguous
Yield Menu contains (4) - ANSWER- Property Purchase Price, Property Resale
calculation, Present Value Discount rate, and Debt Financing
Once revenues, expenses, and costs have been entered the next step is... -
ANSWER- to enter the purchase price along with a resale calculation
Direct Capitalization is useful for brokers because - ANSWER- they typically
determine the value of the property using the "going in" cap rate
The Capitalization Period - ANSWER- is a 12-month period of income into which
the cap rate is divided
Direct Cap Capitalization Options (3) - ANSWER- Year One, Year Starting in
Month, First 12 months
Capitalization Period: Year One - ANSWER- Use the first calendar year of the
analysis period
Cap Period: Year Starting in Month x - ANSWER- select a specific month within
the 12 month period
Cap Period: First 12 Months - ANSWER- use the first 12 months of the analysis
, Page 3 of 17
Difference between Cap Period Year One and First 12 Months - ANSWER- Is
when the first year of the analysis is less than 12 months (ex: 1/12 - 6/12)
True of False: Extra months are always placed at the beginning of the analysis -
ANSWER- TRUE
How would you blend the Direct Capitalization with the Unleveraged Present
Value of the property? (ONLY ASIA) - ANSWER- Select the Calculate a
Blended Value (ONLY ASIA)
Property Resale window - ANSWER- Where resale assumptions are made
Ways to calculate the resale at the end of the analysis (3) - ANSWER- Capitalize
NOI, Apply Rate to following year income, Calculate Resale for All Years
Capitalize NOI - ANSWER- Divides the NOI in the final analysis year by the cap
rate
Gross Proceeds from Sale = (formula) - ANSWER- NOI/Cap Rate
Apply Rate to following year income (Property Resale) - ANSWER- Resale
proceeds will be calculated using the following year of the analysis
Calculate Resale for All Years (Property Resale) - ANSWER- Calculate and
display proceeds for each analysis year (for reporting purposes)