Argus Certification Exam With 100% Correct Answers 2023.

Argus Certification Exam With 100% Correct Answers 2023. True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - Correct Answer-True In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. - Correct Answer-True In AE, a user can add over 100 properties into a portfolio. - Correct 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 - Correct Answer-All of the above In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - Correct Answer-True The Discard Changes option will discard only the last change you have made to the property record. - Correct Answer-False Only users with appropriate permissions can access all of the features in the Control Panel. - Correct Answer-True To lock down a specific property and restrict who can edit it, click the _____________ button located in the ARGUS Enterprise Ribbon bar. - Correct Answer-Check Out Property True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - Correct 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 - Correct Answer-All of the above True or False: Every inflation category must be given a number or it will default to the General Inflation Rate. - Correct 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%). - Correct Answer-$7,800 (.6*13000) Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - Correct Answer-$0 Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - Correct Answer-$13,000 What is the Capital Expense amount that will appear on the Cash Flow? - Correct Answer-$63,654??? Free Rent, by default, kick in at the beginning of the _________. - Correct AnswerTenant's Lease Start Date The default recovery structure in ARGUS enterprise is __________. - Correct AnswerNet The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. - Correct Answer-False. The Start Date represents the start of the tenants lease. True or False: By default, Tenant Improvements and Leasing Commissions are paid at the start of the tenant's lease. - Correct Answer-True True or False: 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. - Correct Answer-True Contractual Renewal: a) Utilizes the Renew Market Leasing profile terms b) Utilizes the New Market Leasing profile terms c) Inserts a new contract lease into the Rent Roll d) None of the above - Correct Answer-c) Inserts a new contract lease The inflation rates are displayed on which report? - Correct Answer-Property Summary Which report displays New Market, Renewal Market, and Weighted Average results? - Correct Answer-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? - Correct Answer-The 7th years NOI If 12% is a desired return, enter 12% in the ________________ parent tab. - Correct Answer-Valuation What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year stop structure? - Correct Answer-$0 What will LB Corporation pay for reimbursements in 2017? - Correct Answer-The amount of 2017 total operating expenses over 2016 total operating expenses What will LB Corporation pay for reimbursements in 2018? - Correct Answer-The amount of 2018 total operating expenses over 2016 total operating expenses 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? - Correct Answer-The Available Date needs to be when the space is actually available and the Start Date needs to be when the tenant's lease begins. True or False: Step Rent increases can be applied in the Step Rent field or in the Base Rent varies window. - Correct Answer-True Assuming a sale date of December 2020, what will be the net proceeds from sale if we have a resale calculation that capitalizes the NOI 12 months after sale? - Correct Answer-(2021 NOI / 10% Cap Rate)*(1.0 - 3% adjustment) Assuming a sale date of December 2020, what will be the net proceeds from sale if we have a resale calculation that capitalises the NOI of the sale year? - Correct Answer- (202 NOI / 10% Cap Rate)*(1.0 - 3% adjustment) When using an Available date that is before the Start date, the loss in potential rent (Base Rental Revenue) can be shown on which report? - Correct Answer-Lease Audit .