Argus Certification Practice Test
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - ANSTrue
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
sections of the program. - ANSTrue
In AE, a user can add over 100 properties into a portfolio. - ANSTrue
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 - ANSAll of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - ANSTrue
The Discard Changes option will discard only the last change you have made to the property
record. - ANSFalse
Only users with appropriate permissions can access all of the features in the Control Panel. -
ANSTrue
To lock down a specific property and restrict who can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. - ANSCheck Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - ANSTrue
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 - ANSAll of the above
True or False: Every inflation category must be given a number or it will default to the General
Inflation Rate. - ANSFalse
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(revenue is $13,000 with fixed percentage of 0%). - ANS$7,800 (.6*13000)
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-
DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - ANSTrue
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
sections of the program. - ANSTrue
In AE, a user can add over 100 properties into a portfolio. - ANSTrue
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 - ANSAll of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - ANSTrue
The Discard Changes option will discard only the last change you have made to the property
record. - ANSFalse
Only users with appropriate permissions can access all of the features in the Control Panel. -
ANSTrue
To lock down a specific property and restrict who can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. - ANSCheck Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - ANSTrue
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 - ANSAll of the above
True or False: Every inflation category must be given a number or it will default to the General
Inflation Rate. - ANSFalse
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(revenue is $13,000 with fixed percentage of 0%). - ANS$7,800 (.6*13000)
