Argus Certification Practice Test, ARGUS Certification Exam
Questions and Answers rated A
True or False: ARGUS Enterprise merges three
industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS True or False: You can import and/or export v15
Valuation-Capitalisation - ANSWER -True DCF files from ARGUS Enterprise. -
ANSWER -True
In ARGUS Enterprise you can utilize shortcut
keyboard commands to navigate within certain The Expense Inflation Rate will be the default
sections of the program. - ANSWER -True percentage for:
a) Operating Expenses
b) Non-Operating Expenses
In AE, a user can add over 100 properties into a c) Capital Expenses
portfolio. - ANSWER -True d) All of the above - ANSWER -All of the
above
Which is a benefit to utilizing a Chart of
Accounts? True or False: Every inflation category must be
a) Easier to track Revenues/Expenses given a number or it will default to the General
b) Standardizes portfolio for names of all Inflation Rate. - ANSWER -False
Expenses/Revenues
c) Helps with accounting system integration
d) All of the above - ANSWER -All of the Assuming a 60% occupancy, calculate the
above Vending Machine revenue in Year 1 of the
analysis (revenue is $13,000 with fixed
percentage of 0%). - ANSWER -$7,800
In ARGUS Enterprise, you can only assign one (.6*13000)
Chart of Accounts to a portfolio. -
ANSWER -True
Assuming a 0% occupancy, calculate the
Vending Machine revenue in Year 1 of the
The Discard Changes option will discard only the analysis. - ANSWER -$0
last change you have made to the property
record. - ANSWER -False
Assuming 100% occupancy, calculate the
Vending Machine revenue in Year 1 of the
Only users with appropriate permissions can analysis. - ANSWER -$13,000
access all of the features in the Control Panel. -
ANSWER -True
What is the Capital Expense amount that will
appear on the Cash Flow? - ANSWER -
To lock down a specific property and restrict who $63,654???
can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. -
ANSWER -Check Out Property Free Rent, by default, kick in at the beginning of
1/9
, Argus Certification Practice Test, ARGUS Certification Exam
Questions and Answers rated A
the _________. - ANSWER -Tenant's When your resale calculation is set to CAP NOI
Lease Start Date (12 months after sale), which year's NOI will be
used when analyzing a 6-year analysis? -
ANSWER -The 7th years NOI
The default recovery structure in ARGUS
enterprise is __________. - ANSWER -Net
If 12% is a desired return, enter 12% in the
________________ parent tab. -
The Available Date column in the Tenants - Rent ANSWER -Valuation
Roll, represents the start of the tenant's lease. -
ANSWER -False. The Start Date
represents the start of the tenants lease. What will LB Corporation pay for reimbursements
in 2016 if 2016 is the base year in a base year
stop structure? - ANSWER -$0
True or False: By default, Tenant Improvements
and Leasing Commissions are paid at the start of
the tenant's lease. - ANSWER -True What will LB Corporation pay for reimbursements
in 2017? - ANSWER -The amount of 2017
total operating expenses over 2016 total
True or False: The Upon Expiration field within operating expenses
the Market Leasing profile allows users to select
a different Market Leasing profile to be used after
the first Market Leasing term is over. - What will LB Corporation pay for reimbursements
ANSWER -True in 2018? - ANSWER -The amount of 2018
total operating expenses over 2016 total
operating expenses
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile
terms If a tenant's space is available, but sitting vacant
b) Utilizes the New Market Leasing profile terms before they move in and you want to show that
c) Inserts a new contract lease into the Rent Roll vacancy on reports, what do you need to enter in
d) None of the above - ANSWER -c) Inserts for the Lease dates? - ANSWER -The
a new contract lease Available Date needs to be when the space is
actually available and the Start Date needs to be
when the tenant's lease begins.
The inflation rates are displayed on which report?
- ANSWER -Property Summary
True or False: Step Rent increases can be
applied in the Step Rent field or in the Base Rent
Which report displays New Market, Renewal varies window. - ANSWER -True
Market, and Weighted Average results? -
ANSWER -Assumptions Report
Assuming a sale date of December 2020, what
will be the net proceeds from sale if we have a
2/9
Questions and Answers rated A
True or False: ARGUS Enterprise merges three
industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS True or False: You can import and/or export v15
Valuation-Capitalisation - ANSWER -True DCF files from ARGUS Enterprise. -
ANSWER -True
In ARGUS Enterprise you can utilize shortcut
keyboard commands to navigate within certain The Expense Inflation Rate will be the default
sections of the program. - ANSWER -True percentage for:
a) Operating Expenses
b) Non-Operating Expenses
In AE, a user can add over 100 properties into a c) Capital Expenses
portfolio. - ANSWER -True d) All of the above - ANSWER -All of the
above
Which is a benefit to utilizing a Chart of
Accounts? True or False: Every inflation category must be
a) Easier to track Revenues/Expenses given a number or it will default to the General
b) Standardizes portfolio for names of all Inflation Rate. - ANSWER -False
Expenses/Revenues
c) Helps with accounting system integration
d) All of the above - ANSWER -All of the Assuming a 60% occupancy, calculate the
above Vending Machine revenue in Year 1 of the
analysis (revenue is $13,000 with fixed
percentage of 0%). - ANSWER -$7,800
In ARGUS Enterprise, you can only assign one (.6*13000)
Chart of Accounts to a portfolio. -
ANSWER -True
Assuming a 0% occupancy, calculate the
Vending Machine revenue in Year 1 of the
The Discard Changes option will discard only the analysis. - ANSWER -$0
last change you have made to the property
record. - ANSWER -False
Assuming 100% occupancy, calculate the
Vending Machine revenue in Year 1 of the
Only users with appropriate permissions can analysis. - ANSWER -$13,000
access all of the features in the Control Panel. -
ANSWER -True
What is the Capital Expense amount that will
appear on the Cash Flow? - ANSWER -
To lock down a specific property and restrict who $63,654???
can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. -
ANSWER -Check Out Property Free Rent, by default, kick in at the beginning of
1/9
, Argus Certification Practice Test, ARGUS Certification Exam
Questions and Answers rated A
the _________. - ANSWER -Tenant's When your resale calculation is set to CAP NOI
Lease Start Date (12 months after sale), which year's NOI will be
used when analyzing a 6-year analysis? -
ANSWER -The 7th years NOI
The default recovery structure in ARGUS
enterprise is __________. - ANSWER -Net
If 12% is a desired return, enter 12% in the
________________ parent tab. -
The Available Date column in the Tenants - Rent ANSWER -Valuation
Roll, represents the start of the tenant's lease. -
ANSWER -False. The Start Date
represents the start of the tenants lease. What will LB Corporation pay for reimbursements
in 2016 if 2016 is the base year in a base year
stop structure? - ANSWER -$0
True or False: By default, Tenant Improvements
and Leasing Commissions are paid at the start of
the tenant's lease. - ANSWER -True What will LB Corporation pay for reimbursements
in 2017? - ANSWER -The amount of 2017
total operating expenses over 2016 total
True or False: The Upon Expiration field within operating expenses
the Market Leasing profile allows users to select
a different Market Leasing profile to be used after
the first Market Leasing term is over. - What will LB Corporation pay for reimbursements
ANSWER -True in 2018? - ANSWER -The amount of 2018
total operating expenses over 2016 total
operating expenses
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile
terms If a tenant's space is available, but sitting vacant
b) Utilizes the New Market Leasing profile terms before they move in and you want to show that
c) Inserts a new contract lease into the Rent Roll vacancy on reports, what do you need to enter in
d) None of the above - ANSWER -c) Inserts for the Lease dates? - ANSWER -The
a new contract lease Available Date needs to be when the space is
actually available and the Start Date needs to be
when the tenant's lease begins.
The inflation rates are displayed on which report?
- ANSWER -Property Summary
True or False: Step Rent increases can be
applied in the Step Rent field or in the Base Rent
Which report displays New Market, Renewal varies window. - ANSWER -True
Market, and Weighted Average results? -
ANSWER -Assumptions Report
Assuming a sale date of December 2020, what
will be the net proceeds from sale if we have a
2/9
