ARGUS Certification Exam Questions and Correct Solutions 2024

ARGUS Certification Exam Questions and Correct Solutions 2024 AE merges three industry standard solutions: Argus valuation - DCF, asset management, and valuationcapitalisation - Answer -TRUE In AE you can utilize shortcut keyboard commands to navigate within certain sections of the program - Answer -TRUE In AE, a user can add over 100 properties into a portfolio - Answer -TRUE What are the benefits of utilizing a Chart of Accounts? - Answer -Easier to track revenues/expenses, standardizes portfolio for names of all expenses/revenues, helps with accounting system integration In AE you can only assign one Chart of Accounts to a portfolio? - Answer -TRUE The Discard Changes option will discard only the last change you have made to the property record - Answer -FALSE Only users with appropriate permissions can access all the features in the Control Panel - Answer -TRUE To lock down a specific property and restrict who can edit it, click the _______ button located in the AE ribbon bar - Answer -Check Out Property You can import and/or export vDCF Files from AE - Answer -TRUE The Expense Inflation Rate will be the default percentage for: - Answer -Operating Expenses, nonoperating expenses, capital expenses Every inflation category must be given a number, or it will default to the General Inflation Rate - Answer - FALSE Assuming 60% occupancy calculate the Vending Machine Revenue in Year 1 of analysis - Answer -13,000 X .6 = 7800 Assuming 0% occupancy calculate the Vending Machine Revenue in Year 1 of analysis - Answer -13,000 X .0 = 0 Assuming 100% occupancy calculate the Vending Machine Revenue in Year 1 of analysis - Answer -13000 X .1 Using the following screenshot, what is the capital expense amount that will appear on the cash flow - Answer -60,000 x 1.03 x 1.03 = 63,654Free Rent, by default, kicks in at the beginning of the____________ - Answer -Tenant's lease start date The defautl recovery structure in AE is _______ - Answer -Net The Available date column in the Tenants - Rent Roll, represents the start of the tenant's lease? - Answer -FALSE By default, Tenant Improvements and Leasing Commissions are paid at the start of the tenant's lease? - Answer -TRUE 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. - Answer -TRUE Contract Renewal: - Answer -Inserts a new contract lease into the rent roll The inflation rates are displayed on which report? - Answer -Property