Argus Certification Practice Test Complete Questions And Answers With Verified Solutions

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