ARGUS Certification Exam
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
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
