Argus Certification Practice Test,
ARGUS Certification Exam
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - ANSTrue
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
sections of the program. - ANSTrue
In AE, a user can add over 100 properties into a portfolio. - ANSTrue
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 - ANSAll of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - ANSTrue
The Discard Changes option will discard only the last change you have made to the property
record. - ANSFalse
Only users with appropriate permissions can access all of the features in the Control Panel. -
ANSTrue
To lock down a specific property and restrict who can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. - ANSCheck Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - ANSTrue
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 - ANSAll of the above
True or False: Every inflation category must be given a number or it will default to the General
Inflation Rate. - ANSFalse
, Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(revenue is $13,000 with fixed percentage of 0%). - ANS$7,800 (.6*13000)
Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
ANS$0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
ANS$13,000
What is the Capital Expense amount that will appear on the Cash Flow? - ANS$63,654???
Free Rent, by default, kick in at the beginning of the _________. - ANSTenant's Lease Start
Date
The default recovery structure in ARGUS enterprise is __________. - ANSNet
The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease.
- ANSFalse. 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. - ANSTrue
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. -
ANSTrue
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 - ANSc) Inserts a new contract lease
The inflation rates are displayed on which report? - ANSProperty Summary
Which report displays New Market, Renewal Market, and Weighted Average results? -
ANSAssumptions 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? - ANSThe 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. - ANSValuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year
stop structure? - ANS$0
ARGUS Certification Exam
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - ANSTrue
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
sections of the program. - ANSTrue
In AE, a user can add over 100 properties into a portfolio. - ANSTrue
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 - ANSAll of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - ANSTrue
The Discard Changes option will discard only the last change you have made to the property
record. - ANSFalse
Only users with appropriate permissions can access all of the features in the Control Panel. -
ANSTrue
To lock down a specific property and restrict who can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. - ANSCheck Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - ANSTrue
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 - ANSAll of the above
True or False: Every inflation category must be given a number or it will default to the General
Inflation Rate. - ANSFalse
, Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(revenue is $13,000 with fixed percentage of 0%). - ANS$7,800 (.6*13000)
Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
ANS$0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
ANS$13,000
What is the Capital Expense amount that will appear on the Cash Flow? - ANS$63,654???
Free Rent, by default, kick in at the beginning of the _________. - ANSTenant's Lease Start
Date
The default recovery structure in ARGUS enterprise is __________. - ANSNet
The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease.
- ANSFalse. 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. - ANSTrue
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. -
ANSTrue
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 - ANSc) Inserts a new contract lease
The inflation rates are displayed on which report? - ANSProperty Summary
Which report displays New Market, Renewal Market, and Weighted Average results? -
ANSAssumptions 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? - ANSThe 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. - ANSValuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year
stop structure? - ANS$0
