Argus Certification Practice Test, ARGUS Certification Exam

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 above True 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 an