Argus Certification | 200 Questions with 100% Correct Answers | Latest Update 2024 | Verified

Argus Certification | 200 Questions with 100% Correct Answers | Latest Update 2024 | Verified Once a Property Asset Type is selected it cannot be changed T/F? - ✔✔False The Analysis Begin date defaults to the current Month and Year T/F? - ✔✔True Which section in the Navigation Pane allows users to update a variety of different settings ranging from Managing Users to Data Import Validation Rules to Report Settings? A) Property Portfolios B) Global Categories C) Help D) Control Panel - ✔✔D Which of the Portfolio Application Tabs is best described by the following statement? This application allows users to create and view analytical charts and graphs based on a combination of properties from the portfolio? A) Portfol io Details B) Scenarios C) Reports D) Analysis - ✔✔D What is the extension of a property asset file in ARGUS Enterprise? A) .sf b) .avux C) .aeex D) .aeix - ✔✔B _____ saves the updates to the property asset model to the database. If a calculation has been performed, it also saves the latest calculation results. A) Refresh B) Save Property to File C) Check In/Out Property D) Save Property - ✔✔D What should be selected as the 'How Input' method for revenue or expense to be based on a percentage of o ther cash flow items in the property? A) Amount 1 B) Sub -lines C) % of Other D) Currency Amount / Vacant Area - ✔✔C Common Area Maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%. A) What dollar amount should be entered in the Amount1 field? _____ B) What will be the actual expense on the Cash Flow for CAM? ______ - ✔✔A) $100,000 B) $87,500 [ 100,000 x 50 % Fixed] + [100,000 x 50% Variable x 75% Occupied] Insurance is $80,000 and is 100% fixed. Occupancy is 85%. A) What dollar amount should be entered in the Amount1 field? _____ B) What will be the actual expense on the Cash Flow for insurance? ____ - ✔✔A) $80,000 B) $80,000 [80,000 x 100% Fixed] + [80,000 x 0% variable x 85% Occupied] To replicate a value in a specific month of each year during the project for a specific expense, you must click which button in the Amount1 Varies window? A) Copy across a nd Down B) Copy to End C) Copy Column to End D) Column - ✔✔C Market rent is $15.00 / SF / Year in 2020. What is the Market Rent in 2023 (2021 5% Inf., 2022 5% Inf., 2023 3% Inf.)? A) 17.17 B) 17.03 C) 17.52 D) 17.81 - ✔✔B When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise __________. A) Assumes a 0% Renewal. B) Takes a weighted average C) Assumes the space goes dark. D) Assumes a 100% renewal. - ✔✔D The Upon Expiration field wit hin the Market Leasing profile allows us to select any overrides for past terms T/F? - ✔✔False When you have a one -time increase, or an increase that happens at different increments or times, utilize the Fixed Steps Unit Column T/F? - ✔✔B When entering a n Available Date prior to the Start Date within the Rent Roll, ARGUS Enterprise will assume: A) The space is not available until the start date B) The space is available, but vacant until the Start Date. C) The space is occupied until the Start Date D) No ne of the Above. - ✔✔B The Analysis Start Date is January 2020. A tenant's lease start date is Match 2020. If we want to show the Lost Absorption / Turnover Rent for this tenant, what would be entered in the following fields? Available Date Field: ______ Start Date Field: ______ - ✔✔Available: Jan 2020 Start: March 2020 The Lost Absorption / Turnover Rent being reported for the months prior to a lease start will appear on the individual Tenant Cash Flow / LPV report T/F? - ✔✔False The General Vacancy ca lculation frequency can be monthly or annually T/F? - ✔✔True Calculate Utilities expense, using the following assumptions ____. * Property size = 35,000 SF * Utilities Expense = $0.15 / SF / Year, 35.0% Fixed