Argus Certification Practice Test | 50 Questions with 100% Correct Answers | Verified | La, Exams of Company Secretarial Practice

Download Argus Certification Practice Test | 50 Questions with 100% Correct Answers | Verified | La and more Exams Company Secretarial Practice in PDF only on Docsity! True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - ✔✔️T️rue In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within certain sections of the program. - ✔✔️T️rue In AE, a user can add over 100 properties into a portfolio. - ✔✔️T️rue 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 - ✔✔️A️ll of the above In ARGUS Enterprise, you can only assign one Chart of Accounts to a portfolio. - ✔✔️T️rue The Discard Changes option will discard only the last change you have made to the property record. - ✔✔️F️alse Only users with appropriate permissions can access all of the features in the Control Panel. - ✔✔️T️rue To lock down a specific property and restrict who can edit it, click the _____________ button located in the ARGUS Enterprise Ribbon bar. - ✔✔️C️heck Out Property True or False: You can import and/or export v15 DCF files from ARGUS Enterprise. - ✔✔️T️rue Argus Certification Practice Test | 50 Questions with 100% Correct Answers | Verified | Latest Update 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 - ✔✔️A️ll of the above True or False: Every inflation category must be given a number or it will default to the General Inflation Rate. - ✔✔️F️alse Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis (revenue is $13,000 with fixed percentage of 0%). - ✔✔️$️7,800 (.6*13000) Assuming a 0% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - ✔✔️$️0 Assuming 100% occupancy, calculate the Vending Machine revenue in Year 1 of the analysis. - ✔✔️$️13,000 What is the Capital Expense amount that will appear on the Cash Flow? - ✔✔️$️63,654??? Free Rent, by default, kick in at the beginning of the _________. - ✔✔️T️enant's Lease Start Date The default recovery structure in ARGUS enterprise is __________. - ✔✔️N️et The Available Date column in the Tenants - Rent Roll, represents the start of the tenant's lease. - ✔✔️F️alse. The Start Date represents the start of the tenants lease. -PGR: $800,000 -ATV: $20,000 -Calculation: 5% of PGR - ✔✔️[️(800,000 + 20,0000)*0.05] - $20,000 = $21,000 True or False: Additional principal payments can be factored into the loan computations? - ✔✔️T️rue While running a 7-year analysis on a property with a 30-year debt note in ARGUS Enterprise, the note will _____________ at the end of the projection. - ✔✔️B️alloon After changing the modeling policy for Gross Ups, any Recovery Structure already created will default to the Gross Up percent in the Modeling Policies window. - ✔✔️F️alse The default formula for Leasing Commissions is: - ✔✔️B️ase Rent + Step Rent + CPI - Free Rent To indicate that an expense should not be included in the cash flow projection nor used in the calculation of the NOI, select ________________ - ✔✔️R️eference Only True or False: The percentage of the expense that is eligible to be recovered can be altered for the entire property within the Expense tab - ✔✔️T️rue What is the default formula for Free Rent? - ✔✔️B️ase Rent + Fixed Steps + CPI True or False: Months Vacant Overrides will only affect the first rollover and there will be no blending based upon the renewal probability. - ✔✔️T️rue True or False: The Batch Update allows a user to model several changes simultaneously instead of performing each individual adjustment. - ✔✔️T️rue True or False: When creating a sensitivity scenario, changes to individual properties may be made at the top of the screen. - ✔✔️F️alse Different levels of detail can be set for the Audit Log in which Portfolio Application tab? - ✔✔️P️ortfolio Details To change the report interval setting, click the _____________ button. - ✔✔️R️eport Options Which report within Portfolio Level Reports will show individual property information that makes up the selected cash flow totals? - ✔✔️C️ash Flow Detail All of the following are options for exporting Portfolio Level Reporting except: a) Excel b) Tiff c) PDF d) HTML - ✔✔️d️) HTML