Argus Certification Exam VERIFIED 100% SOLUTIONS

Argus Certification Exam VERIFIED 100% SOLUTIONS 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: By default, Tenant Improvements and Leasing Commissions are paid at the start of the tenant's lease. - ANSWER 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. - ANSWER 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 - ANSWER c) Inserts a new contract lease The inflation rates are displayed on which report? - ANSWER Property Summary Which report displays New Market, Renewal Market, and Weighted Average 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 The 7th years NOI If 12% is a desired return, enter 12% in the ________________ parent tab. - ANSWER Valuation What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year stop structure? - ANSWER $0 What will LB Corporation pay for reimbursements in 2017? - ANSWER The amount of 2017 total operating expenses over 2016 total operating expenses What will LB Corporation pay for reimbursem