ARGUS CERTIFICATION
PRACTICE TEST / ARGUS
CERTIFICATION EXAM
How would you blend the Direct Capitalization with the Unleveraged
Present Value of the property? (ONLY ASIA) - ANSWERS-Select the
Calculate a Blended Value (ONLY ASIA)
Property Resale window - ANSWERS-Where resale assumptions are
made
Ways to calculate the resale at the end of the analysis (3) -
ANSWERS-Capitalize NOI, Apply Rate to following year income,
Calculate Resale for All Years
Capitalize NOI - ANSWERS-Divides the NOI in the final analysis
year by the cap rate
Gross Proceeds from Sale = (formula) - ANSWERS-NOI/Cap Rate
Apply Rate to following year income (Property Resale) - ANSWERS-
Resale proceeds will be calculated using the following year of the
analysis
,Calculate Resale for All Years (Property Resale) - ANSWERS-
Calculate and display proceeds for each analysis year (for reporting
purposes)
Where can you find the Cap Rate Matrix? - ANSWERS-Bottom right
icon of the Property Resale screen
Cap Rate Matrix - ANSWERS-Allows your to input a range of Cap
Rates that will calculate a range of PVs in a Cap Rate Matrix Report
Present Value Discounting - ANSWERS-Pg. 46
To access the Cap Rate Matrix Report - ANSWERS-Reports, Property
Level..., Check Prospective Present Vale Options, Check Cap Rate
Matrix
Prospective Resale and IRR Summary Report - ANSWERS-Shows
what we think we will get back and when
Frequency of Reimbursable Expenses can be entered as (x) in the
drop down menu - ANSWERS-Annually, Monthly, Quarterly
Present Value Discounting - ANSWERS-target internal rate of return
, True or False: ARGUS Enterprise merges three industry standard
solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and
ARGUS Valuation-Capitalisation - ANSWERS-True
In ARGUS Enterprise you can utilize shortcut keyboard commands to
navigate within certain sections of the program. - ANSWERS-True
In AE, a user can add over 100 properties into a portfolio. -
ANSWERS-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 - ANSWERS-All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a
portfolio. - ANSWERS-True
The Discard Changes option will discard only the last change you
have made to the property record. - ANSWERS-False
Only users with appropriate permissions can access all of the features
in the Control Panel. - ANSWERS-True
PRACTICE TEST / ARGUS
CERTIFICATION EXAM
How would you blend the Direct Capitalization with the Unleveraged
Present Value of the property? (ONLY ASIA) - ANSWERS-Select the
Calculate a Blended Value (ONLY ASIA)
Property Resale window - ANSWERS-Where resale assumptions are
made
Ways to calculate the resale at the end of the analysis (3) -
ANSWERS-Capitalize NOI, Apply Rate to following year income,
Calculate Resale for All Years
Capitalize NOI - ANSWERS-Divides the NOI in the final analysis
year by the cap rate
Gross Proceeds from Sale = (formula) - ANSWERS-NOI/Cap Rate
Apply Rate to following year income (Property Resale) - ANSWERS-
Resale proceeds will be calculated using the following year of the
analysis
,Calculate Resale for All Years (Property Resale) - ANSWERS-
Calculate and display proceeds for each analysis year (for reporting
purposes)
Where can you find the Cap Rate Matrix? - ANSWERS-Bottom right
icon of the Property Resale screen
Cap Rate Matrix - ANSWERS-Allows your to input a range of Cap
Rates that will calculate a range of PVs in a Cap Rate Matrix Report
Present Value Discounting - ANSWERS-Pg. 46
To access the Cap Rate Matrix Report - ANSWERS-Reports, Property
Level..., Check Prospective Present Vale Options, Check Cap Rate
Matrix
Prospective Resale and IRR Summary Report - ANSWERS-Shows
what we think we will get back and when
Frequency of Reimbursable Expenses can be entered as (x) in the
drop down menu - ANSWERS-Annually, Monthly, Quarterly
Present Value Discounting - ANSWERS-target internal rate of return
, True or False: ARGUS Enterprise merges three industry standard
solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and
ARGUS Valuation-Capitalisation - ANSWERS-True
In ARGUS Enterprise you can utilize shortcut keyboard commands to
navigate within certain sections of the program. - ANSWERS-True
In AE, a user can add over 100 properties into a portfolio. -
ANSWERS-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 - ANSWERS-All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a
portfolio. - ANSWERS-True
The Discard Changes option will discard only the last change you
have made to the property record. - ANSWERS-False
Only users with appropriate permissions can access all of the features
in the Control Panel. - ANSWERS-True
