(Bundled) Argus Enterprise Review Questions, ARGUS Certification, ARGUS, Chapter Review Question for ARGUS Enterprise, All With verified solutions 2023/2024 100%
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Course
ARGUS certification
Institution
ARGUS Certification
(Bundled) Argus Enterprise Review Questions, ARGUS Certification, ARGUS, Chapter Review Question for ARGUS Enterprise, All With verified solutions 2023/2024 100%
1. T or F: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation-DCF, ARGUS Asset Management, and Argus Valuation...
(Bundled) Argus Enterprise Review Questions, ARGUS
Certification, ARGUS, Chapter Review Question for ARGUS
Enterprise, All With verified solutions 2023/2024 100%
1. T or F: ARGUS Enterprise merges three industry standard solutions: ARGUS
Valuation-DCF, ARGUS Asset Management, and Argus Valuation-Capitalisation.
A
2. T or F: In ARGUS Enterprise you can abbreviate K for thousands and M for
millions.
B
3. T or F: You can have an unlimited number of properties within an unlimited
number of portfolios.
A
4. Which is a benefit to utilizing a chart of account?
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 system
D
5. T or F: In ARGUS Enterprise, you can only assign one chart of accounts to a
portfolio.
A
6. T or F: Once a property time has been selected, it cannot be changed.
B
7. T or F: Once you set up property classifications, they can be utilized for any
property.
A
8. To lock down a specific property in which only an assigned user can have
access, you select the ______ tab from the ribbon bar in the portfolio navigation
interface.
a. copy forecast to budget
b. workflow status
c. permissions
d. batch update
C
9. T or F: You can import and/or export v15 DCF files from ARGUS enterprise.
A
10. 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
D
11. T or F: Every inflation category must be given a number or it will default to the
general inflation rate.
,B
12. Assuming 60% occupancy, calculate the Vending Machine revenue in Year 1
of the analysis (Vending Machine revenue is at 13,000 annually).
a. $0
b. $6500
c. $7800
d. $13000
C
13. Assuming 0% occupancy, calculate the Vending Machine revenue in Year 1 of
the analysis (Vending Machine revenue is at 13,000 annually).
a. $0
b. $6500
c. $7800
d. $13000
A
14. Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1
of the analysis (Vending Machine revenue is at 13,000 annually).
*For full photo, etc. see book
a. $0
b. $6500
c. $7800
d. $13000
D
15. What is the capital expense amount that will appear on the cash flow (you see
amt as $60,000 in March Year 3 and inflation as 3% for years one and two and 0%
for Year 3)?
*For full photo, etc. see book
a. $60,000
b. $61,800
c. $65,564
d. 63,654
D
16. Free Rent, by default, kicks in at the beginning of the _______:
a. analysis date
b. Tenant's lease start date
c. Tenant's lease available date
d. None of the above
B
17. The default recovery structure in ARGUS Enterprise is________.
a. base year stop
b. net
c. fixed amount
d. none
B
18. T or F: The lease execution cell represents the start of the tenant's lease.
B
, 19. T or F: By default, Tenant Improvements and Leasing Commissions are paid
at the start of the tenant's lease.
A
20. T or F: 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.
A
21. Contract 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
C
22. The inflation rates are displayed on which report?
a. cash flow
b. market pricing
c. lease audit
d. property summary
D
23. Which report displays new market, renewal market and weighted average
results?
a. market pricing report
b. calculation review details report
c. assumptions report
d. none of the above
C
24. 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?
a. 1st
b. 5th
c. 6th
d. 7th
D
25. If 12% is a desired return, enter 12% in the _______ parent tab.
a. Valuation
b. Cap Rate
c. Investment
d. Property Resale
A
26-28
-LB Corp signed a 3 year lease with a commencement date of 1/16
-LB Corp will occupy 100% of the property
-LB Corp will reimburse expenses according to a Base Year Stop structure
Total Operating Expenses 2016: $474,240; 2017: $507,252; 2018: $522,657
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