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Exam (elaborations)

Argus Certification Practice Test questions and answers well illustrated.

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Argus Certification Practice Test questions and answers well illustrated. True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - correct answers.True In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. - correct answers.True In AE, a user can add over 100 properties into a portfolio. - correct answers.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 - correct answers.All of the above In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - correct answers.True The Discard Changes option will discard only the last change you have made to the property record. - correct answers.False Only users with appropriate permissions can access all of the features in the Control Panel. - correct answers.True To lock down a specific property and restrict who can edit it, click the _____________ button located in the ARGUS Enterprise Ribbon bar. - correct answers.Check Out Property True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - correct answers.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 - correct answers.All of the above True or False: Every inflation category must be given a number or it will default to the General Inflation Rate. - correct answers.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%). - correct answers.$7,800 (.6*13000) Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - correct answers.$0 Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - correct answers.$13,000 What is the Capital Expense amount that will appear on the Cash Flow? - correct answers.$63,654??? Free Rent, by default, kick in at the beginning of the _________. - correct answers.Tenant's Lease Start Date The default recovery structure in ARGUS enterprise is __________. - correct answers.Net The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. - correct answers.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. - correct answers.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. - correct answers.True

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