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Argus Certification Practice Test Questions with Correct Answers When creating a ARGUS file it is best to start with... - Answer-the Property Description Inputs of Property Description - Answer-Basic property information - timing area measures, and inflation What is the first window to app...

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  • August 7, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • argus certification practice test questions

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Argus Certification Practice Test
Questions with Correct Answers
When creating a ARGUS file it is best to start with... - Answer-the Property Description

Inputs of Property Description - Answer-Basic property information - timing area
measures, and inflation

What is the first window to appear when creating a new file? - Answer-Property
Description window

Where is the password button found? - Answer-Property Description window

Property Type can or cannot be changed once selected? - Answer-CANNOT!

Property Timing tab is found where? - Answer-Property Description window

Property Timing tab includes: - Answer-Analysis start date, Reporting Start Date, and #
of years to Report or End Date

Analysis Start Date - Answer-Sets the date at which ARGUS Valuation - DCF
calculations will occur. For example, month 6 is relative to the analysis start date (not
Reporting Start Date)

All entries that begin with a "relative" start date will be relative to which date? - Answer-
Analysis Start Date

Reporting Start Date - Answer-- Sets the date at which reports will begin
- Does not alter the timing of base calculations in the program

Reporting Start Date must fall (where) relative to the Analysis Start Date - Answer-on or
after the Analysis Start Date

Analysis of up to (xx) years may be conducted - Answer-40

If the analysis begins midyear... - Answer-ARGUS will calculate a stub year with the
partial year in the first year

Default unit of Area Measures is? - Answer-Square Feet

, When entering a inflation percentage that is less than 1%, it must be in what form? -
Answer-decimal

Percentages of inflation may be entered as... - Answer-positive or negative whole
numbers, or a decimal

If an inflation field is left empty... - Answer-it will default to the General Inflation Rate

Why is inflation in year 1 never available? - Answer-Because it does not occur until the
beginning of the 2nd year

Inflation input into Year 2 will apply to which years numbers? - Answer-Year 1

When entering the Property Size, enter the (blank) area - Answer-net rentable

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:

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