ARGUS CERTIFICATION EXAM QUESTIONS
AE merges three industry standard solutions: Argus valuation - DCF, asset
management, and valuation-capitalisation - Answers- TRUE
In AE 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
What are the benefits of utilizing a Chart of Accounts? - Answers- 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? - 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 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 AE ribbon bar - Answers- Check Out Property
You can import and/or export vDCF Files from AE - Answers- TRUE
The Expense Inflation Rate will be the default percentage for: - Answers- Operating
Expenses, non-operating expenses, capital expenses
Every inflation category must be given a number, or it will default to the General Inflation
Rate - Answers- FALSE
Assuming 60% occupancy calculate the Vending Machine Revenue in Year 1 of
analysis - Answers- 13,000 X .6 = 7800
Assuming 0% occupancy calculate the Vending Machine Revenue in Year 1 of analysis
- Answers- 13,000 X .0 = 0
Assuming 100% occupancy calculate the Vending Machine Revenue in Year 1 of
analysis - Answers- 13000 X .1
Using the following screenshot, what is the capital expense amount that will appear on
the cash flow - Answers- 60,000 x 1.03 x 1.03 = 63,654
, Free Rent, by default, kicks in at the beginning of the____________ - Answers-
Tenant's lease start date
The defautl recovery structure in AE is _______ - Answers- Net
The Available date column in the Tenants - Rent Roll, represents the start of the tenant's
lease? - Answers- FALSE
By default, Tenant Improvements and Leasing Commissions are paid at the start of the
tenant's lease? - Answers- 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. -
Answers- TRUE
Contract Renewal: - Answers- Inserts a new contract lease into the rent roll
The inflation rates are displayed on which report? - Answers- Property Summary
Which report displays New Market, Renewal Market and Weighted Averages 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- 7th
If 12% is a desired return, enter 12% in the ______ parent tab - Answers- Valuation
Use the following screenshot to answer this question: What will LB Corporation pay for
reimbursements in 2016? - Answers- 0 because its base year
Use the following screenshot to answer this question: What will LB Corporation pay for
reimbursements in 2017? - Answers- 2017 op expenses - 2016 op expenses
Use the following screenshot to answer this question: What will LB Corporation pay for
reimbursements in 2018? - Answers- (2018 op expenses - 2017 op expenses) + 2017
reimbursements
If a tenant's space is available, but sitting vacant before they move in and you want to
show that vacancy on reports, what do you need to enter in for the Lease dates? -
Answers- The available date needs to be when the space is available and the start date
needs to be when the tenant's lease begins
Step Rent increases can be applied in the Step Rent field or in the Base rent varies
window? - Answers- TRUE
AE merges three industry standard solutions: Argus valuation - DCF, asset
management, and valuation-capitalisation - Answers- TRUE
In AE 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
What are the benefits of utilizing a Chart of Accounts? - Answers- 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? - 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 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 AE ribbon bar - Answers- Check Out Property
You can import and/or export vDCF Files from AE - Answers- TRUE
The Expense Inflation Rate will be the default percentage for: - Answers- Operating
Expenses, non-operating expenses, capital expenses
Every inflation category must be given a number, or it will default to the General Inflation
Rate - Answers- FALSE
Assuming 60% occupancy calculate the Vending Machine Revenue in Year 1 of
analysis - Answers- 13,000 X .6 = 7800
Assuming 0% occupancy calculate the Vending Machine Revenue in Year 1 of analysis
- Answers- 13,000 X .0 = 0
Assuming 100% occupancy calculate the Vending Machine Revenue in Year 1 of
analysis - Answers- 13000 X .1
Using the following screenshot, what is the capital expense amount that will appear on
the cash flow - Answers- 60,000 x 1.03 x 1.03 = 63,654
, Free Rent, by default, kicks in at the beginning of the____________ - Answers-
Tenant's lease start date
The defautl recovery structure in AE is _______ - Answers- Net
The Available date column in the Tenants - Rent Roll, represents the start of the tenant's
lease? - Answers- FALSE
By default, Tenant Improvements and Leasing Commissions are paid at the start of the
tenant's lease? - Answers- 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. -
Answers- TRUE
Contract Renewal: - Answers- Inserts a new contract lease into the rent roll
The inflation rates are displayed on which report? - Answers- Property Summary
Which report displays New Market, Renewal Market and Weighted Averages 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- 7th
If 12% is a desired return, enter 12% in the ______ parent tab - Answers- Valuation
Use the following screenshot to answer this question: What will LB Corporation pay for
reimbursements in 2016? - Answers- 0 because its base year
Use the following screenshot to answer this question: What will LB Corporation pay for
reimbursements in 2017? - Answers- 2017 op expenses - 2016 op expenses
Use the following screenshot to answer this question: What will LB Corporation pay for
reimbursements in 2018? - Answers- (2018 op expenses - 2017 op expenses) + 2017
reimbursements
If a tenant's space is available, but sitting vacant before they move in and you want to
show that vacancy on reports, what do you need to enter in for the Lease dates? -
Answers- The available date needs to be when the space is available and the start date
needs to be when the tenant's lease begins
Step Rent increases can be applied in the Step Rent field or in the Base rent varies
window? - Answers- TRUE
