Argus Certification Practice Test, ARGUS Certification Exam

Argus Certification Practice Test, ARGUS Certification Exam True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation True In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. True In AE, a user can add over 100 properties into a portfolio. 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 All of the above In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. True The Discard Changes option will discard only the last change you have made to the property record. False Only users with appropriate permissions can access all of the features in the Control Panel. True To lock down a specific property and restrict who can edit it, click the _____________ button located in the ARGUS Enterprise Ribbon bar. Check Out Property True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. 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 All of the above True or False: Every inflation category must be given a number or it will default to the General Inflation Rate. 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%). $7,800 (.6*13000) Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. $0 Assuming 100% 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??? Free Rent, by default, kick in at the beginning of the _________. Tenant's Lease Start Date The default recovery structure in ARGUS enterprise is __________. Net The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. False. The Start Date represents the start of the tenants lease. True or False: By default, Tenant Improvements and Leasing Commissions are paid at the start of the tenant's lease. True True or False: 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. True Contractual Renewal: a) Utilizes the Renew Market Leasing profile terms b) Utilizes the New Market Leasing profile terms c) Inserts a new contract lease into the Rent Roll d) None of the above c) Inserts a new contract lease The inflation rates are displayed on which report? Property Summary Which report displays New Market, Renewal Market, and Weighted Average results? 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? The 7th years NOI If 12% is a desired return, enter 12% in the ________________ parent tab. Valuation What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year stop structure? $0 What will LB Corporation pay for reimbursements in 2017? The amount of 2017 total operating expenses over 2016 total operating expenses What will LB Corporation pay for reimbursements in 2018? The amount of 2018 total operating expenses over 2016 total operating expenses