ARGUS ENTERPRISE REVIEW QUESTIONS, ARGUS
CERTIFICATION, ARGUS, CHAPTER REVIEW QUESTION FOR
ARGUS ENTERPRISE
1. T or F: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-DCF,
ARGUS Asset Management, and Argus Valuation-Capitalisation. - correct answer -A
2. T or F: In ARGUS Enterprise you can abbreviate K for thousands and M for millions. - correct
answer -B
3. T or F: You can have an unlimited number of properties within an unlimited number of
portfolios. - correct answer -A
4. Which is a benefit to utilizing a chart of account?
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 system - correct answer -D
5. T or F: In ARGUS Enterprise, you can only assign one chart of accounts to a portfolio. - correct
answer -A
6. T or F: Once a property time has been selected, it cannot be changed. - correct answer -B
7. T or F: Once you set up property classifications, they can be utilized for any property. - correct
answer -A
,8. To lock down a specific property in which only an assigned user can have access, you select
the ______ tab from the ribbon bar in the portfolio navigation interface.
a. copy forecast to budget
b. workflow status
c. permissions
d. batch update - correct answer -C
9. T or F: You can import and/or export v15 DCF files from ARGUS enterprise. - correct answer -
A
10. 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 -D
11. T or F: Every inflation category must be given a number or it will default to the general
inflation rate. - correct answer -B
12. Assuming 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(Vending Machine revenue is at 13,000 annually).
a. $0
b. $6500
c. $7800
d. $13000 - correct answer -C
,13. Assuming 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(Vending Machine revenue is at 13,000 annually).
a. $0
b. $6500
c. $7800
d. $13000 - correct answer -A
14. Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(Vending Machine revenue is at 13,000 annually).
*For full photo, etc. see book
a. $0
b. $6500
c. $7800
d. $13000 - correct answer -D
15. What is the capital expense amount that will appear on the cash flow (you see amt as
$60,000 in March Year 3 and inflation as 3% for years one and two and 0% for Year 3)?
*For full photo, etc. see book
a. $60,000
b. $61,800
c. $65,564
d. 63,654 - correct answer -D
16. Free Rent, by default, kicks in at the beginning of the _______:
a. analysis date
b. Tenant's lease start date
c. Tenant's lease available date
, d. None of the above - correct answer -B
17. The default recovery structure in ARGUS Enterprise is________.
a. base year stop
b. net
c. fixed amount
d. none - correct answer -B
18. T or F: The lease execution cell represents the start of the tenant's lease. - correct answer -B
19. T or F: By default, Tenant Improvements and Leasing Commissions are paid at the start of
the tenant's lease. - correct answer -A
20. T or F: 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 -A
21. Contract 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
22. The inflation rates are displayed on which report?
a. cash flow
b. market pricing
c. lease audit
CERTIFICATION, ARGUS, CHAPTER REVIEW QUESTION FOR
ARGUS ENTERPRISE
1. T or F: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-DCF,
ARGUS Asset Management, and Argus Valuation-Capitalisation. - correct answer -A
2. T or F: In ARGUS Enterprise you can abbreviate K for thousands and M for millions. - correct
answer -B
3. T or F: You can have an unlimited number of properties within an unlimited number of
portfolios. - correct answer -A
4. Which is a benefit to utilizing a chart of account?
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 system - correct answer -D
5. T or F: In ARGUS Enterprise, you can only assign one chart of accounts to a portfolio. - correct
answer -A
6. T or F: Once a property time has been selected, it cannot be changed. - correct answer -B
7. T or F: Once you set up property classifications, they can be utilized for any property. - correct
answer -A
,8. To lock down a specific property in which only an assigned user can have access, you select
the ______ tab from the ribbon bar in the portfolio navigation interface.
a. copy forecast to budget
b. workflow status
c. permissions
d. batch update - correct answer -C
9. T or F: You can import and/or export v15 DCF files from ARGUS enterprise. - correct answer -
A
10. 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 -D
11. T or F: Every inflation category must be given a number or it will default to the general
inflation rate. - correct answer -B
12. Assuming 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(Vending Machine revenue is at 13,000 annually).
a. $0
b. $6500
c. $7800
d. $13000 - correct answer -C
,13. Assuming 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(Vending Machine revenue is at 13,000 annually).
a. $0
b. $6500
c. $7800
d. $13000 - correct answer -A
14. Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(Vending Machine revenue is at 13,000 annually).
*For full photo, etc. see book
a. $0
b. $6500
c. $7800
d. $13000 - correct answer -D
15. What is the capital expense amount that will appear on the cash flow (you see amt as
$60,000 in March Year 3 and inflation as 3% for years one and two and 0% for Year 3)?
*For full photo, etc. see book
a. $60,000
b. $61,800
c. $65,564
d. 63,654 - correct answer -D
16. Free Rent, by default, kicks in at the beginning of the _______:
a. analysis date
b. Tenant's lease start date
c. Tenant's lease available date
, d. None of the above - correct answer -B
17. The default recovery structure in ARGUS Enterprise is________.
a. base year stop
b. net
c. fixed amount
d. none - correct answer -B
18. T or F: The lease execution cell represents the start of the tenant's lease. - correct answer -B
19. T or F: By default, Tenant Improvements and Leasing Commissions are paid at the start of
the tenant's lease. - correct answer -A
20. T or F: 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 -A
21. Contract 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
22. The inflation rates are displayed on which report?
a. cash flow
b. market pricing
c. lease audit
