ARGUS EXAM QUESTIONS EXAM TEST
BANK WITH ALL VERSIONS OF THE
EXAM WITH ALLMODULES COVERED |
ACCURATE AND VERIFIED QUESTIONS
AND ANSWERS FOR GUARANTEED
PASS| LATEST UPDATE
1. Which report provides a dynamic summary with instant feedback about a property
including key cash flow and valuation results, as well as important operating, financial, and
investment metrics?
A) Property Information
B) Property Summary
C) Summary Cash Flow Year 1
D) Valuation & Yield
Correct Answer: B) Property Summary
Rationale: The Property Summary report is designed to provide an overview with key cash flow,
valuation, and performance metrics.
2. Which section displays property information such as building area, analysis dates, inflation
rates, vacancy and credit loss rates, and occupancy rates?
A) Property Summary
B) Purchase & Investment
C) Property Information
D) Debt Financing
Correct Answer: C) Property Information
Rationale: Property Information contains basic property details including building area and
occupancy statistics.
3. What does the Summary Cash Flow Year 1 report display?
A) Unleveraged present value and IRR
B) Year one cash flow amounts and amounts per unit area
C) Purchase price and closing costs
D) Debt terms and debt payments
,Correct Answer: B) Year one cash flow amounts and amounts per unit area
Rationale: This report summarizes cash flow details specifically for the first year.
4. What does the Purchase & Investment report display?
A) Debt coverage ratios and current debt terms
B) Purchase price, closing costs, debt, and implied equity
C) NOI and cash flow graphs
D) Valuation metrics and yields
Correct Answer: B) Purchase price, closing costs, debt, and implied equity
Rationale: This report summarizes financial details related to the acquisition and investment.
5. Which report displays unleveraged present value, direct cap value, resale cap rate, resale
value, IRR, and cash-on-cash yields?
A) Valuation & Yield
B) Debt Financing
C) Purchase & Investment
D) Summary Cash Flow Year 1
Correct Answer: A) Valuation & Yield
Rationale: Valuation & Yield focuses on the investment's financial performance and returns.
6. Which report displays current debt terms, debt payments, LPV, and debt coverage ratios?
A) Debt Financing
B) Property Information
C) Graphs
D) Purchase & Investment
Correct Answer: A) Debt Financing
Rationale: Debt Financing includes information about the debt structure and coverage.
7. Which report allows the user to display a choice of two graphs from options such as NOI,
Cash Flow, Occupancy, and Cash Flow Growth?
A) Summary Cash Flow Year 1
B) Graphs
C) Valuation & Yield
D) Debt Financing
Correct Answer: B) Graphs
Rationale: The Graphs report lets users visualize different metrics in graph form.
8. True or False: Parameters for the Discount Rate Change Interval on the IRR Matrix report
can be changed in the Assumptions tab.
,A) True
B) False
Correct Answer: A) True
Rationale: The discount rate change intervals are configurable under the Assumptions tab.
9. Under the Investment tab, which tab is used to calculate debt notes outside of the AE
system?
A) Other Debt
B) Debt Financing
C) Purchase & Investment
D) Valuation & Yield
Correct Answer: A) Other Debt
Rationale: Other Debt allows for external debt calculations.
10. True or False: Other Debt Information should be entered into the Valuation tab.
A) True
B) False
Correct Answer: B) False
Rationale: Other Debt Information is not entered in the Valuation tab.
11. Which section allows a user to enter multiple closing costs as an amount or a percentage
of the total purchase price?
A) Closing Costs
B) Purchase & Investment
C) Debt Financing
D) Property Summary
Correct Answer: A) Closing Costs
Rationale: This section is specifically for managing closing cost entries.
12. True or False: Debt is automatically included in the Less Debt Amount field if debt has
been previously entered.
A) True
B) False
Correct Answer: A) True
Rationale: Debt entries auto-populate the Less Debt Amount field to reflect accurate financing.
13. What is the function of the "Seniority" field for debt?
A) Assign a priority number between 1 and 30 to a debt; loans display in seniority order on the
Input Assumptions Report
B) Enter the interest rate for the debt
, C) Define the loan term in months
D) Specify the amortization start date
Correct Answer: A) Assign a priority number between 1 and 30 to a debt; loans display in
seniority order on the Input Assumptions Report
Rationale: Seniority prioritizes loans for reporting purposes.
14. Clicking this will open the Rate Varies Popup Editor, allowing a user to enter an interest
rate that varies over time. Which option is this?
A) Interest Rate Ellipsis
B) Amortize Start Field
C) Seniority
D) Closing Costs
Correct Answer: A) Interest Rate Ellipsis
Rationale: The Interest Rate Ellipsis opens the editor for variable interest rates.
15. What does the Amortize Start Field allow a user to do?
A) Enter the loan's seniority order
B) Enter either the number of months after loan start date or a specific date when amortization
begins; entering 0 means amortization starts immediately
C) Enter closing costs as percentage or amount
D) Enter debt payments
Correct Answer: B) Enter either the number of months after loan start date or a specific date
when amortization begins; entering 0 means amortization starts immediately
Rationale: This field controls the timing of amortization start.
16. True or False: Argus will not let you sell your property with any outstanding debt.
A) True
B) False
Correct Answer: A) True
Rationale: The system prevents property sales if there is unpaid debt.
17. The valuation date is the date entered in which field?
A) Analysis End Date
B) Purchase Date
C) Analysis Begin Date in the Description tab
D) Closing Date
Correct Answer: C) Analysis Begin Date in the Description tab
Rationale: The valuation date defaults to the Analysis Begin Date.
18. How can you specify a valuation date other than the default?
BANK WITH ALL VERSIONS OF THE
EXAM WITH ALLMODULES COVERED |
ACCURATE AND VERIFIED QUESTIONS
AND ANSWERS FOR GUARANTEED
PASS| LATEST UPDATE
1. Which report provides a dynamic summary with instant feedback about a property
including key cash flow and valuation results, as well as important operating, financial, and
investment metrics?
A) Property Information
B) Property Summary
C) Summary Cash Flow Year 1
D) Valuation & Yield
Correct Answer: B) Property Summary
Rationale: The Property Summary report is designed to provide an overview with key cash flow,
valuation, and performance metrics.
2. Which section displays property information such as building area, analysis dates, inflation
rates, vacancy and credit loss rates, and occupancy rates?
A) Property Summary
B) Purchase & Investment
C) Property Information
D) Debt Financing
Correct Answer: C) Property Information
Rationale: Property Information contains basic property details including building area and
occupancy statistics.
3. What does the Summary Cash Flow Year 1 report display?
A) Unleveraged present value and IRR
B) Year one cash flow amounts and amounts per unit area
C) Purchase price and closing costs
D) Debt terms and debt payments
,Correct Answer: B) Year one cash flow amounts and amounts per unit area
Rationale: This report summarizes cash flow details specifically for the first year.
4. What does the Purchase & Investment report display?
A) Debt coverage ratios and current debt terms
B) Purchase price, closing costs, debt, and implied equity
C) NOI and cash flow graphs
D) Valuation metrics and yields
Correct Answer: B) Purchase price, closing costs, debt, and implied equity
Rationale: This report summarizes financial details related to the acquisition and investment.
5. Which report displays unleveraged present value, direct cap value, resale cap rate, resale
value, IRR, and cash-on-cash yields?
A) Valuation & Yield
B) Debt Financing
C) Purchase & Investment
D) Summary Cash Flow Year 1
Correct Answer: A) Valuation & Yield
Rationale: Valuation & Yield focuses on the investment's financial performance and returns.
6. Which report displays current debt terms, debt payments, LPV, and debt coverage ratios?
A) Debt Financing
B) Property Information
C) Graphs
D) Purchase & Investment
Correct Answer: A) Debt Financing
Rationale: Debt Financing includes information about the debt structure and coverage.
7. Which report allows the user to display a choice of two graphs from options such as NOI,
Cash Flow, Occupancy, and Cash Flow Growth?
A) Summary Cash Flow Year 1
B) Graphs
C) Valuation & Yield
D) Debt Financing
Correct Answer: B) Graphs
Rationale: The Graphs report lets users visualize different metrics in graph form.
8. True or False: Parameters for the Discount Rate Change Interval on the IRR Matrix report
can be changed in the Assumptions tab.
,A) True
B) False
Correct Answer: A) True
Rationale: The discount rate change intervals are configurable under the Assumptions tab.
9. Under the Investment tab, which tab is used to calculate debt notes outside of the AE
system?
A) Other Debt
B) Debt Financing
C) Purchase & Investment
D) Valuation & Yield
Correct Answer: A) Other Debt
Rationale: Other Debt allows for external debt calculations.
10. True or False: Other Debt Information should be entered into the Valuation tab.
A) True
B) False
Correct Answer: B) False
Rationale: Other Debt Information is not entered in the Valuation tab.
11. Which section allows a user to enter multiple closing costs as an amount or a percentage
of the total purchase price?
A) Closing Costs
B) Purchase & Investment
C) Debt Financing
D) Property Summary
Correct Answer: A) Closing Costs
Rationale: This section is specifically for managing closing cost entries.
12. True or False: Debt is automatically included in the Less Debt Amount field if debt has
been previously entered.
A) True
B) False
Correct Answer: A) True
Rationale: Debt entries auto-populate the Less Debt Amount field to reflect accurate financing.
13. What is the function of the "Seniority" field for debt?
A) Assign a priority number between 1 and 30 to a debt; loans display in seniority order on the
Input Assumptions Report
B) Enter the interest rate for the debt
, C) Define the loan term in months
D) Specify the amortization start date
Correct Answer: A) Assign a priority number between 1 and 30 to a debt; loans display in
seniority order on the Input Assumptions Report
Rationale: Seniority prioritizes loans for reporting purposes.
14. Clicking this will open the Rate Varies Popup Editor, allowing a user to enter an interest
rate that varies over time. Which option is this?
A) Interest Rate Ellipsis
B) Amortize Start Field
C) Seniority
D) Closing Costs
Correct Answer: A) Interest Rate Ellipsis
Rationale: The Interest Rate Ellipsis opens the editor for variable interest rates.
15. What does the Amortize Start Field allow a user to do?
A) Enter the loan's seniority order
B) Enter either the number of months after loan start date or a specific date when amortization
begins; entering 0 means amortization starts immediately
C) Enter closing costs as percentage or amount
D) Enter debt payments
Correct Answer: B) Enter either the number of months after loan start date or a specific date
when amortization begins; entering 0 means amortization starts immediately
Rationale: This field controls the timing of amortization start.
16. True or False: Argus will not let you sell your property with any outstanding debt.
A) True
B) False
Correct Answer: A) True
Rationale: The system prevents property sales if there is unpaid debt.
17. The valuation date is the date entered in which field?
A) Analysis End Date
B) Purchase Date
C) Analysis Begin Date in the Description tab
D) Closing Date
Correct Answer: C) Analysis Begin Date in the Description tab
Rationale: The valuation date defaults to the Analysis Begin Date.
18. How can you specify a valuation date other than the default?
