ARGUS CERTIFICATION 180 EXAM QUESTIONS
AND ANSWERS 2024
AE merges three industry standard solutions: Argus valuation - DCF, asset
management, and valuation-capitalisation - 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, non-operating 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 = 63,654
, Free 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 the NOI
12 months after sale? Rounded to nearest dollar - ANSWER (NOI yr 2021/10%
cap rate) x (1 - .03) = 3,921,351
AND ANSWERS 2024
AE merges three industry standard solutions: Argus valuation - DCF, asset
management, and valuation-capitalisation - 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, non-operating 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 = 63,654
, Free 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 the NOI
12 months after sale? Rounded to nearest dollar - ANSWER (NOI yr 2021/10%
cap rate) x (1 - .03) = 3,921,351
