ARGUS CERTIFICATION PRACTICE EXAM
QUESTIONS AND ANSWERS NEW UPDATED
True or False: ARGUS Enterprise integrates three industry standard solutions:
ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-
Capitalisation - ANSWER True
You can use shortcut keyboard commands to navigate in some areas of the
application in ARGUS Enterprise. - ANSWER True
In AE, you can add over 100 properties to a portfolio. - ANSWER True
What is the benefit of having a Chart of Accounts?
a) Easier to track Revenues/Expenses
b) Standardizes portfolio for all Expense/Revenue names
c) Allows accounting system integration
d) All of the above - ANSWER All of the above
You can only assign one Chart of Accounts to a portfolio in ARGUS Enterprise.
- ANSWER True
The Discard Changes option will only discard the last change you have made to
the property record. - ANSWER False
Only users with appropriate permissions can access all of the functions within
the Control Panel. - ANSWER True
In order to lock down a single property and restrict who can make changes to it,
click the _____________ button on the ARGUS Enterprise Ribbon bar. -
ANSWER Check Out Property
, True or False: You can import and/or export v15 DCF files in ARGUS
Enterprise. - ANSWER True
The Expense Inflation Rate will be the default rate 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 show on the Cash Flow? -
ANSWER $63,654???
Free Rent, by default, commence at the beginning of the _______. - ANSWER
Tenant's Lease Start Date
The default recovery framework in ARGUS enterprise is __________. -
ANSWER Net
The Available Date column in the Tenants - Rent Roll, marks the start of the
tenant's lease. - ANSWER False. The Start Date marks the start of the tenants
lease.
QUESTIONS AND ANSWERS NEW UPDATED
True or False: ARGUS Enterprise integrates three industry standard solutions:
ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-
Capitalisation - ANSWER True
You can use shortcut keyboard commands to navigate in some areas of the
application in ARGUS Enterprise. - ANSWER True
In AE, you can add over 100 properties to a portfolio. - ANSWER True
What is the benefit of having a Chart of Accounts?
a) Easier to track Revenues/Expenses
b) Standardizes portfolio for all Expense/Revenue names
c) Allows accounting system integration
d) All of the above - ANSWER All of the above
You can only assign one Chart of Accounts to a portfolio in ARGUS Enterprise.
- ANSWER True
The Discard Changes option will only discard the last change you have made to
the property record. - ANSWER False
Only users with appropriate permissions can access all of the functions within
the Control Panel. - ANSWER True
In order to lock down a single property and restrict who can make changes to it,
click the _____________ button on the ARGUS Enterprise Ribbon bar. -
ANSWER Check Out Property
, True or False: You can import and/or export v15 DCF files in ARGUS
Enterprise. - ANSWER True
The Expense Inflation Rate will be the default rate 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 show on the Cash Flow? -
ANSWER $63,654???
Free Rent, by default, commence at the beginning of the _______. - ANSWER
Tenant's Lease Start Date
The default recovery framework in ARGUS enterprise is __________. -
ANSWER Net
The Available Date column in the Tenants - Rent Roll, marks the start of the
tenant's lease. - ANSWER False. The Start Date marks the start of the tenants
lease.
