ARGUS CERTIFICATION
PRACTICE TEST / ARGUS
CERTIFICATION EXAM
True of False: Extra months are always placed at the beginning of the
analysis - ANSWERS-TRUE
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
Once a Property Asset Type is selected it cannot be changed (T/F) -
ANSWERS-False
The Analysis Begin date defaults to the current Month and Year (T/F)
- ANSWERS-True
Which of the following is a classification type in AE? Select all that
apply.
a. Property
b. Tenant
c. Region
d. Lease - ANSWERS-a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS
Enterprise (T/F) - ANSWERS-True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex