ARGUS UPDATED EOC EXAMS QUESTIONS AND ANSWERS
GRADED A+
✔✔Non-Operating Expenses will fall below the NOI Line on the Cash Flow: - ✔✔TRUE
✔✔When leases roll to the Market Leasing Profile, by default the rents do not inflate
during the roll over term: - ✔✔True
✔✔Levels offered with the Charts of Accounts: - ✔✔1. Parent/Header
2. Cash Flow/GL Account
3. Detail/Job Costs
✔✔To adjust the Base Rent when you have a one time increase, or increases that
happen at different increments use the fixed steps unit column: - ✔✔FALSE
✔✔Entering a property address will allow a user to access a map of the location in
ARGUS Enterprise: - ✔✔FALSE
✔✔The purpose of a Market Leasing Profile: - ✔✔1. Apply leasing assumptions to a
tenant area when the current lease for that space expires
2. Speculative leasing or Space Absorption of vacant space
✔✔When entering an Available Date prior to the Start Date on the Rent Roll tab, AE
assumes: - ✔✔Space available, but vacant until the start date
✔✔Reports can be accessed by clicking Property Reports: - ✔✔1. Executive Summary
2. Budget Comparison
3. Cash Flow
✔✔To indicate that an Expense should not be included in the Cash Flow projection nor
used in the calculation of the NOI, select the ______ option - ✔✔Reference Only
✔✔Percentage Rent Fields are only available when ________ is selected as the
property type. - ✔✔Retail or Mixed Use (that includes Retail)
✔✔________ allows us to take who has been in the asset and what changes have been
made to that asset. - ✔✔Audit Log
✔✔Calculate the Operating Expense Shown on the Cash Flow from the following
assumption:
Expense Amount = $0.45/sf/year
Property Size = 65,000 sf
% Fixed = 45%
, Occupancy = 82% - ✔✔Step #1: Max Expense Amount = Expense Amount * Property
Size
Step #2: Fixed Amount = %Fixed x Max Expense
Step #3: Variable Amount: Max Expense - Fixed Amount = _______ * Occupancy %
Step #4: Total Expenses = Variable Amount + Fixed Amount
✔✔Present Value Tab allows us to enter in a separate discount rate for the leveraged
and un-leveraged resale rate - ✔✔True
✔✔Intelligent Renewals are used to specify that tenant leases be renewed using? -
✔✔1. Last Months Rent Rate
2. Contract Rate
3. Weighted Market Renewal Rate
4. Market Rent In A Different Market Leasing Profile
✔✔It is required to enter in a Property Name and Address for every property added
within a portfolio: - ✔✔FALSE
✔✔The Fixed Amount/Area Recovery Method is calculated as : - ✔✔The annual
amount/Area, based on tenant size that will be paid by the tenant each year.
✔✔Calculate the amount that is eligible for recovery when using Gross Ups:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - ✔✔(Utility Expense * % Fixed) + (Utility Expense * Variable % *
%Gross Up)
✔✔__________ is a solution for consolidating and reporting property, tenant, portfolio
and scenario info contained with in the ARGUS Date Warehouse. - ✔✔Portfolio Level
Reporting
✔✔Methods for Calculating General Vacancy: - ✔✔1. % of Potential Gross Revenue
2. % of Total Rental Revenue
3. % of Total Tenant Revenue
✔✔Enter the Property Resale info in the ________ tab - ✔✔Valuation
✔✔Enter any debt calculated outside of AE and the ___________ tab under the
Investment tab - ✔✔Other Debt
✔✔Leasing Commission Calculation: - ✔✔Base Rent + Step Rent - Free Rent
GRADED A+
✔✔Non-Operating Expenses will fall below the NOI Line on the Cash Flow: - ✔✔TRUE
✔✔When leases roll to the Market Leasing Profile, by default the rents do not inflate
during the roll over term: - ✔✔True
✔✔Levels offered with the Charts of Accounts: - ✔✔1. Parent/Header
2. Cash Flow/GL Account
3. Detail/Job Costs
✔✔To adjust the Base Rent when you have a one time increase, or increases that
happen at different increments use the fixed steps unit column: - ✔✔FALSE
✔✔Entering a property address will allow a user to access a map of the location in
ARGUS Enterprise: - ✔✔FALSE
✔✔The purpose of a Market Leasing Profile: - ✔✔1. Apply leasing assumptions to a
tenant area when the current lease for that space expires
2. Speculative leasing or Space Absorption of vacant space
✔✔When entering an Available Date prior to the Start Date on the Rent Roll tab, AE
assumes: - ✔✔Space available, but vacant until the start date
✔✔Reports can be accessed by clicking Property Reports: - ✔✔1. Executive Summary
2. Budget Comparison
3. Cash Flow
✔✔To indicate that an Expense should not be included in the Cash Flow projection nor
used in the calculation of the NOI, select the ______ option - ✔✔Reference Only
✔✔Percentage Rent Fields are only available when ________ is selected as the
property type. - ✔✔Retail or Mixed Use (that includes Retail)
✔✔________ allows us to take who has been in the asset and what changes have been
made to that asset. - ✔✔Audit Log
✔✔Calculate the Operating Expense Shown on the Cash Flow from the following
assumption:
Expense Amount = $0.45/sf/year
Property Size = 65,000 sf
% Fixed = 45%
, Occupancy = 82% - ✔✔Step #1: Max Expense Amount = Expense Amount * Property
Size
Step #2: Fixed Amount = %Fixed x Max Expense
Step #3: Variable Amount: Max Expense - Fixed Amount = _______ * Occupancy %
Step #4: Total Expenses = Variable Amount + Fixed Amount
✔✔Present Value Tab allows us to enter in a separate discount rate for the leveraged
and un-leveraged resale rate - ✔✔True
✔✔Intelligent Renewals are used to specify that tenant leases be renewed using? -
✔✔1. Last Months Rent Rate
2. Contract Rate
3. Weighted Market Renewal Rate
4. Market Rent In A Different Market Leasing Profile
✔✔It is required to enter in a Property Name and Address for every property added
within a portfolio: - ✔✔FALSE
✔✔The Fixed Amount/Area Recovery Method is calculated as : - ✔✔The annual
amount/Area, based on tenant size that will be paid by the tenant each year.
✔✔Calculate the amount that is eligible for recovery when using Gross Ups:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - ✔✔(Utility Expense * % Fixed) + (Utility Expense * Variable % *
%Gross Up)
✔✔__________ is a solution for consolidating and reporting property, tenant, portfolio
and scenario info contained with in the ARGUS Date Warehouse. - ✔✔Portfolio Level
Reporting
✔✔Methods for Calculating General Vacancy: - ✔✔1. % of Potential Gross Revenue
2. % of Total Rental Revenue
3. % of Total Tenant Revenue
✔✔Enter the Property Resale info in the ________ tab - ✔✔Valuation
✔✔Enter any debt calculated outside of AE and the ___________ tab under the
Investment tab - ✔✔Other Debt
✔✔Leasing Commission Calculation: - ✔✔Base Rent + Step Rent - Free Rent
