Exam (elaborations)
Argus Certification Practice Test, ARGUS Certification Exam 2024/2025 already graded A+
- Course
- Institution
Argus Certification Practice Test, ARGUS Certification Exam 2024/2025 already graded A+
[Show more]
Seller
Follow
Ashley96
Reviews received
Content preview
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 - ANSTrue
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain
sections of the program. - ANSTrue
In AE, a user can add over 100 properties into a portfolio. - ANSTrue
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 - ANSAll of the above
In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - ANSTrue
The Discard Changes option will discard only the last change you have made to the property
record. - ANSFalse
Only users with appropriate permissions can access all of the features in the Control Panel. -
ANSTrue
To lock down a specific property and restrict who can edit it, click the _____________ button
located in the ARGUS Enterprise Ribbon bar. - ANSCheck Out Property
True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - ANSTrue
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 - ANSAll of the above
True or False: Every inflation category must be given a number or it will default to the General
Inflation Rate. - ANSFalse
, Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis
(revenue is $13,000 with fixed percentage of 0%). - ANS$7,800 (.6*13000)
Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
ANS$0
Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. -
ANS$13,000
What is the Capital Expense amount that will appear on the Cash Flow? - ANS$63,654???
Free Rent, by default, kick in at the beginning of the _________. - ANSTenant's Lease Start
Date
The default recovery structure in ARGUS enterprise is __________. - ANSNet
The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease.
- ANSFalse. 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. - ANSTrue
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. -
ANSTrue
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 - ANSc) Inserts a new contract lease
The inflation rates are displayed on which report? - ANSProperty Summary
Which report displays New Market, Renewal Market, and Weighted Average results? -
ANSAssumptions 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? - ANSThe 7th years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. - ANSValuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year in a base year
stop structure? - ANS$0
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ashley96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$14.39. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now