ARGUS CERTIFICATION PRACTICE TEST
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation -
Answers- True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - Answers- True
In AE, a user can add over 100 properties into a portfolio. - Answers- 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 - Answers- All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. -
Answers- True
The Discard Changes option will discard only the last change you have made to the
property record. - Answers- False
Only users with appropriate permissions can access all of the features in the Control
Panel. - Answers- True
To lock down a specific property and restrict who can edit it, click the _____________
button located in the ARGUS Enterprise Ribbon bar. - Answers- Check Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. -
Answers- True
Which report displays New Market, Renewal Market, and Weighted Average results? -
Answers- 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? - Answers- The 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. - Answers-
Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a
base year stop structure? - Answers- $0
What will LB Corporation pay for reimbursements in 2017? - Answers- The amount of
2017 total operating expenses over 2016 total operating expenses
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation -
Answers- True
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within
certain sections of the program. - Answers- True
In AE, a user can add over 100 properties into a portfolio. - Answers- 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 - Answers- All of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. -
Answers- True
The Discard Changes option will discard only the last change you have made to the
property record. - Answers- False
Only users with appropriate permissions can access all of the features in the Control
Panel. - Answers- True
To lock down a specific property and restrict who can edit it, click the _____________
button located in the ARGUS Enterprise Ribbon bar. - Answers- Check Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. -
Answers- True
Which report displays New Market, Renewal Market, and Weighted Average results? -
Answers- 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? - Answers- The 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. - Answers-
Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a
base year stop structure? - Answers- $0
What will LB Corporation pay for reimbursements in 2017? - Answers- The amount of
2017 total operating expenses over 2016 total operating expenses
