Argus Certification Practice Test with Correct Solutions 2024

Argus Certification Practice Test with Correct Solutions 2024 True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - Answer -True In ARGUS Enterprise 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 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 - Answer -All of the above In ARGUS Enterprise, 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 of 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 ARGUS Enterprise Ribbon bar. - Answer -Check Out Property True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - Answer -True 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 - Answer -All of the aboveTrue or False: Every inflation category must be given a number or it will default to the General Inflation Rate. - Answer -False Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis (revenue is $13,000 with fixed percentage of 0%). - Answer -$7,800 (.6*13000) Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - Answer -$0 Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - Answer - $13,000 What is the Capital Expense amount that will appear on the Cash Flow? - Answer -$63,654??? Free Rent, by default, kick in at the beginning of the _________. - Answer -Tenant's Lease