ARGUS CERTIFICATION UPDATED FINAL PAPER
QUESTIONS AND ANSWERS GRADED A+
✔✔What is the Market Rent in 2023? - ✔✔$17.03
✔✔Which of the Portfolio Application Tabs is best described by the following statement?
This application allows users to create and view analytical charts and graphs based on
a combination of properties from the portfolio. - ✔✔Analysis
✔✔Which section in the Navigation Pane allows users to update a variety of different
setting ranging from Managing Users to Data Import Validation Rules to Report
Settings. - ✔✔Control Panel
✔✔AE merges three industry standard solutions: ARGUS valuation-DCF, ARGUS Asset
management, and ARGUS Valuation-Capitalisation. T or F? - ✔✔T
✔✔In AE you can utilize shortcut keyboard commands to navigate within certain
sections of the program. T or F? - ✔✔T
✔✔In AE, a user can add over 100 properties into a portfolio. T or F? - ✔✔T
✔✔All the following are options for exporting portfolio level reporting except?
Excel
Tiff
PDF
HTML - ✔✔HTML
✔✔Which is a benefit to utilizing a chart of accounts? - ✔✔Easier to track
Revenues/Expenses
Standardizes portfolio for names of all Expenses/ Revenues
Helps with accounting system integration
ALL THE ABOVE
✔✔In AE, you can only assign one chart of accounts to a Portfolio. T or F? - ✔✔T
✔✔The discard changes option will discard only the last change you have made to the
property record. T or F? - ✔✔F
✔✔Only users with appropriate permissions can access all the features int eh Control
Panel. T or F? - ✔✔T
, ✔✔To lock down a specific property and restrict who can edit it, click the ____________
button located in the AE ribbon bar. - ✔✔Check out property
✔✔You can import and/or export v15 DCF files from AE. T or F? - ✔✔T
✔✔Calculate the General vacancy loss using the following assumptions:
potential gross revenue: $800,000
absorption & turnover vacancy: $20,000
calculation: 5% of potential gross revenue - ✔✔$21,000
✔✔Additional principal payments can be factored into the loan computations? T or F? -
✔✔T
✔✔While running a 7-year analysis on a property with a 30-year debt note in ARGUS
enterprise, the note will _____ at the end of the projection. - ✔✔Balloon
✔✔After changing the modeling policy for Gross ups, any recovery structure already
created will default to the gross up percent in the modeling policies window. T or F? -
✔✔F
✔✔The default formula for leasing commissions is: - ✔✔Base Rent + Step Rent - Free
Rent
✔✔Assuming 0.0% occupancy, calculate the vending machine revenue in year 1 of the
analysis. - ✔✔$0
✔✔Assuming 100.0% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis. - ✔✔$13,000
✔✔What is the capital expense amount that will appear on the Cash Flow? -
✔✔$63,654
✔✔By default, Tenant Improvements and Leasing Commissions are paid at the start of
the tenant's lease. T or F? - ✔✔T
✔✔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. T
or F? - ✔✔T
✔✔Contract Renewal: - ✔✔Inserts a new contract lease into the Rent Roll
✔✔The Inflation rates are displayed on which report? - ✔✔Property Summary
QUESTIONS AND ANSWERS GRADED A+
✔✔What is the Market Rent in 2023? - ✔✔$17.03
✔✔Which of the Portfolio Application Tabs is best described by the following statement?
This application allows users to create and view analytical charts and graphs based on
a combination of properties from the portfolio. - ✔✔Analysis
✔✔Which section in the Navigation Pane allows users to update a variety of different
setting ranging from Managing Users to Data Import Validation Rules to Report
Settings. - ✔✔Control Panel
✔✔AE merges three industry standard solutions: ARGUS valuation-DCF, ARGUS Asset
management, and ARGUS Valuation-Capitalisation. T or F? - ✔✔T
✔✔In AE you can utilize shortcut keyboard commands to navigate within certain
sections of the program. T or F? - ✔✔T
✔✔In AE, a user can add over 100 properties into a portfolio. T or F? - ✔✔T
✔✔All the following are options for exporting portfolio level reporting except?
Excel
Tiff
HTML - ✔✔HTML
✔✔Which is a benefit to utilizing a chart of accounts? - ✔✔Easier to track
Revenues/Expenses
Standardizes portfolio for names of all Expenses/ Revenues
Helps with accounting system integration
ALL THE ABOVE
✔✔In AE, you can only assign one chart of accounts to a Portfolio. T or F? - ✔✔T
✔✔The discard changes option will discard only the last change you have made to the
property record. T or F? - ✔✔F
✔✔Only users with appropriate permissions can access all the features int eh Control
Panel. T or F? - ✔✔T
, ✔✔To lock down a specific property and restrict who can edit it, click the ____________
button located in the AE ribbon bar. - ✔✔Check out property
✔✔You can import and/or export v15 DCF files from AE. T or F? - ✔✔T
✔✔Calculate the General vacancy loss using the following assumptions:
potential gross revenue: $800,000
absorption & turnover vacancy: $20,000
calculation: 5% of potential gross revenue - ✔✔$21,000
✔✔Additional principal payments can be factored into the loan computations? T or F? -
✔✔T
✔✔While running a 7-year analysis on a property with a 30-year debt note in ARGUS
enterprise, the note will _____ at the end of the projection. - ✔✔Balloon
✔✔After changing the modeling policy for Gross ups, any recovery structure already
created will default to the gross up percent in the modeling policies window. T or F? -
✔✔F
✔✔The default formula for leasing commissions is: - ✔✔Base Rent + Step Rent - Free
Rent
✔✔Assuming 0.0% occupancy, calculate the vending machine revenue in year 1 of the
analysis. - ✔✔$0
✔✔Assuming 100.0% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis. - ✔✔$13,000
✔✔What is the capital expense amount that will appear on the Cash Flow? -
✔✔$63,654
✔✔By default, Tenant Improvements and Leasing Commissions are paid at the start of
the tenant's lease. T or F? - ✔✔T
✔✔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. T
or F? - ✔✔T
✔✔Contract Renewal: - ✔✔Inserts a new contract lease into the Rent Roll
✔✔The Inflation rates are displayed on which report? - ✔✔Property Summary
