Argus Certification Practice Test, ARGUS
Certification Exam Updated RATED A+ LATEST
EDITION
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF,
II! II! II! II! II! II! II! II! II! II! II! II!
ARGUS Asset Management, and ARGUS Valuation-Capitalisation - Correct Answers True
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
II! II! II! II! II! II! II! II! II! II! II! II!
II! sections of the program. - Correct Answers True II! II! II! II! II! II! II! II! II! II! II!
II! In AE, a user can add over 100 properties into a portfolio. - Correct Answers True
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Which is a benefit to utilizing a Chart of Accounts?
II! II! II! II! II! II! II! II! II!
a) Easier to track Revenues/Expenses
II! II! II! II!
b) Standardizes portfolio for names of all Expenses/Revenues
II! II! II! II! II! II! II!
c) Helps with accounting system integration
II! II! II! II! II!
d) All of the above - Correct Answers All of the above
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - Correct Answers
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True
II! The Discard Changes option will discard only the last change you have made to the property
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! record. - Correct Answers False II! II! II! II! II! II! II! II!
II! Only users with appropriate permissions can access all of the features in the Control Panel. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers True II! II! II! II! II!
,II! To lock down a specific property and restrict who can edit it, click the _____________ button
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! located in the ARGUS Enterprise Ribbon bar. - Correct Answers Check Out Property
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - Correct
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Answers True II! II! II! II!
II! The Expense Inflation Rate will be the default percentage for:
II! II! II! II! II! II! II! II! II!
a) Operating Expenses
II! II!
b) Non-Operating Expenses
II! II!
c) Capital Expenses
II! II!
d) All of the above - Correct Answers All of the above
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True or False: Every inflation category must be given a number or it will default to the General
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Inflation Rate. - Correct Answers False II! II! II! II! II! II! II! II! II!
II! Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! (revenue is $13,000 with fixed percentage of 0%). - Correct Answers $7,800 (.6*13000)
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers $0 II! II! II! II! II!
II! Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers $13,000 II! II! II! II! II!
II! What is the Capital Expense amount that will appear on the Cash Flow? - Correct Answers
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! $63,654???
, II! Free Rent, by default, kick in at the beginning of the _________. - Correct Answers Tenant's
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Lease Start Date II! II!
II! The default recovery structure in ARGUS enterprise is __________. - Correct Answers Net
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers False. The Start Date represents the start of the tenants lease.
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True or False: By default, Tenant Improvements and Leasing Commissions are paid at the start of
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! the tenant's lease. - Correct Answers True
II! II! II! II! II! II! II! II! II! II!
II! True or False: The Upon Expiration field within the Market Leasing profile allows users to select a
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! different Market Leasing profile to be used after the first Market Leasing term is over. - Correct
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Answers True II! II! II! II!
II! Contractual Renewal: II!
a) Utilizes the Renew Market Leasing profile terms
II! II! II! II! II! II! II!
b) Utilizes the New Market Leasing profile terms
II! II! II! II! II! II! II!
c) Inserts a new contract lease into the Rent Roll
II! II! II! II! II! II! II! II! II!
d) None of the above - Correct Answers c) Inserts a new contract lease
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! The inflation rates are displayed on which report? - Correct Answers Property Summary
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Which report displays New Market, Renewal Market, and Weighted Average results? - Correct
II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Answers Assumptions Report II! II! II! II! II!
II! When your resale calculation is set to CAP NOI (12 months after sale), which year's NOI will be
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! used when analyzing a 6-year analysis? - Correct Answers The 7th years NOI
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
Certification Exam Updated RATED A+ LATEST
EDITION
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF,
II! II! II! II! II! II! II! II! II! II! II! II!
ARGUS Asset Management, and ARGUS Valuation-Capitalisation - Correct Answers True
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
II! II! II! II! II! II! II! II! II! II! II! II!
II! sections of the program. - Correct Answers True II! II! II! II! II! II! II! II! II! II! II!
II! In AE, a user can add over 100 properties into a portfolio. - Correct Answers True
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Which is a benefit to utilizing a Chart of Accounts?
II! II! II! II! II! II! II! II! II!
a) Easier to track Revenues/Expenses
II! II! II! II!
b) Standardizes portfolio for names of all Expenses/Revenues
II! II! II! II! II! II! II!
c) Helps with accounting system integration
II! II! II! II! II!
d) All of the above - Correct Answers All of the above
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - Correct Answers
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True
II! The Discard Changes option will discard only the last change you have made to the property
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! record. - Correct Answers False II! II! II! II! II! II! II! II!
II! Only users with appropriate permissions can access all of the features in the Control Panel. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers True II! II! II! II! II!
,II! To lock down a specific property and restrict who can edit it, click the _____________ button
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! located in the ARGUS Enterprise Ribbon bar. - Correct Answers Check Out Property
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - Correct
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Answers True II! II! II! II!
II! The Expense Inflation Rate will be the default percentage for:
II! II! II! II! II! II! II! II! II!
a) Operating Expenses
II! II!
b) Non-Operating Expenses
II! II!
c) Capital Expenses
II! II!
d) All of the above - Correct Answers All of the above
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True or False: Every inflation category must be given a number or it will default to the General
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Inflation Rate. - Correct Answers False II! II! II! II! II! II! II! II! II!
II! Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! (revenue is $13,000 with fixed percentage of 0%). - Correct Answers $7,800 (.6*13000)
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers $0 II! II! II! II! II!
II! Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers $13,000 II! II! II! II! II!
II! What is the Capital Expense amount that will appear on the Cash Flow? - Correct Answers
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! $63,654???
, II! Free Rent, by default, kick in at the beginning of the _________. - Correct Answers Tenant's
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Lease Start Date II! II!
II! The default recovery structure in ARGUS enterprise is __________. - Correct Answers Net
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. -
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Correct Answers False. The Start Date represents the start of the tenants lease.
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! True or False: By default, Tenant Improvements and Leasing Commissions are paid at the start of
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! the tenant's lease. - Correct Answers True
II! II! II! II! II! II! II! II! II! II!
II! True or False: The Upon Expiration field within the Market Leasing profile allows users to select a
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! different Market Leasing profile to be used after the first Market Leasing term is over. - Correct
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Answers True II! II! II! II!
II! Contractual Renewal: II!
a) Utilizes the Renew Market Leasing profile terms
II! II! II! II! II! II! II!
b) Utilizes the New Market Leasing profile terms
II! II! II! II! II! II! II!
c) Inserts a new contract lease into the Rent Roll
II! II! II! II! II! II! II! II! II!
d) None of the above - Correct Answers c) Inserts a new contract lease
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! The inflation rates are displayed on which report? - Correct Answers Property Summary
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Which report displays New Market, Renewal Market, and Weighted Average results? - Correct
II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Answers Assumptions Report II! II! II! II! II!
II! When your resale calculation is set to CAP NOI (12 months after sale), which year's NOI will be
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! used when analyzing a 6-year analysis? - Correct Answers The 7th years NOI
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
