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