ARGUS CERTIFICATION PRACTICE
TEST, ARGUS CERTIFICATION EXAM
QUESTIONS & ELABORATED
COMPLETE SOLUTIONS
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation -
Correct Answer ✔✔ True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - Correct Answer ✔✔ True
In AE, a user can add over 100 properties into a portfolio. - Correct 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 - Correct Answer ✔✔ All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. -
Correct Answer ✔✔ True
The Discard Changes option will discard only the last change you have made to the
property record. - Correct Answer ✔✔ False
Only users with appropriate permissions can access all of the features in the Control
Panel. - Correct Answer ✔✔ True
To lock down a specific property and restrict who can edit it, click the _____________
button located in the ARGUS Enterprise Ribbon bar. - Correct Answer ✔✔ Check Out
Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. -
Correct 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 - Correct 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. - Correct 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%). - Correct Answer ✔✔ $7,800
(.6*13000)
Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - Correct Answer ✔✔ $0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - Correct Answer ✔✔ $13,000
What is the Capital Expense amount that will appear on the Cash Flow? - Correct
Answer ✔✔ $63,654???
Free Rent, by default, kick in at the beginning of the _________. - Correct Answer ✔✔
Tenant's Lease Start Date
The default recovery structure in ARGUS enterprise is __________. - Correct Answer
✔✔ Net
The Available Date column in the Tenants - Rent Roll, represents the start of the
tenant's lease. - Correct 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. - Correct 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. - Correct 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 - Correct Answer ✔✔ c) Inserts a new contract lease
The inflation rates are displayed on which report? - Correct Answer ✔✔ Property
Summary
Which report displays New Market, Renewal Market, and Weighted Average results? -
Correct Answer ✔✔ Assumptions Report
TEST, ARGUS CERTIFICATION EXAM
QUESTIONS & ELABORATED
COMPLETE SOLUTIONS
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation -
Correct Answer ✔✔ True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - Correct Answer ✔✔ True
In AE, a user can add over 100 properties into a portfolio. - Correct 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 - Correct Answer ✔✔ All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. -
Correct Answer ✔✔ True
The Discard Changes option will discard only the last change you have made to the
property record. - Correct Answer ✔✔ False
Only users with appropriate permissions can access all of the features in the Control
Panel. - Correct Answer ✔✔ True
To lock down a specific property and restrict who can edit it, click the _____________
button located in the ARGUS Enterprise Ribbon bar. - Correct Answer ✔✔ Check Out
Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. -
Correct 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 - Correct 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. - Correct 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%). - Correct Answer ✔✔ $7,800
(.6*13000)
Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - Correct Answer ✔✔ $0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - Correct Answer ✔✔ $13,000
What is the Capital Expense amount that will appear on the Cash Flow? - Correct
Answer ✔✔ $63,654???
Free Rent, by default, kick in at the beginning of the _________. - Correct Answer ✔✔
Tenant's Lease Start Date
The default recovery structure in ARGUS enterprise is __________. - Correct Answer
✔✔ Net
The Available Date column in the Tenants - Rent Roll, represents the start of the
tenant's lease. - Correct 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. - Correct 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. - Correct 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 - Correct Answer ✔✔ c) Inserts a new contract lease
The inflation rates are displayed on which report? - Correct Answer ✔✔ Property
Summary
Which report displays New Market, Renewal Market, and Weighted Average results? -
Correct Answer ✔✔ Assumptions Report
