Argus Certification Practice Test Of Questions and Correct Answers
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: 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.
