Argus Certification Practice Test 2023/2024/ 50
Questions and Answers/ 100% Pass.
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - -
True
-In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - -True
-In AE, a user can add over 100 properties into a portfolio. - -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 - -All of the above
-In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - -True
-The Discard Changes option will discard only the last change you have made to the
property record. - -False
-Only users with appropriate permissions can access all of the features in the Control
Panel. - -True
-To lock down a specific property and restrict who can edit it, click the
_____________ button located in the ARGUS Enterprise Ribbon bar. - -Check Out
Property
, -True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - -
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 - -All of the above
-True or False: Every inflation category must be given a number or it will default to the
General Inflation Rate. - -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%). - -$7,800 (.6*13000)
-Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - -$0
-Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - -$13,000
-What is the Capital Expense amount that will appear on the Cash Flow? - -$63,654???
-Free Rent, by default, kick in at the beginning of the _________. - -Tenant's Lease
Start Date
-The default recovery structure in ARGUS enterprise is __________. - -Net
-The Available Date column in the Tenants - Rent Roll, represents the start of the
tenant's lease. - -False. The Start Date represents the start of the tenants lease.
Questions and Answers/ 100% Pass.
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - -
True
-In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - -True
-In AE, a user can add over 100 properties into a portfolio. - -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 - -All of the above
-In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - -True
-The Discard Changes option will discard only the last change you have made to the
property record. - -False
-Only users with appropriate permissions can access all of the features in the Control
Panel. - -True
-To lock down a specific property and restrict who can edit it, click the
_____________ button located in the ARGUS Enterprise Ribbon bar. - -Check Out
Property
, -True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - -
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 - -All of the above
-True or False: Every inflation category must be given a number or it will default to the
General Inflation Rate. - -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%). - -$7,800 (.6*13000)
-Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - -$0
-Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - -$13,000
-What is the Capital Expense amount that will appear on the Cash Flow? - -$63,654???
-Free Rent, by default, kick in at the beginning of the _________. - -Tenant's Lease
Start Date
-The default recovery structure in ARGUS enterprise is __________. - -Net
-The Available Date column in the Tenants - Rent Roll, represents the start of the
tenant's lease. - -False. The Start Date represents the start of the tenants lease.
