ARGUS CERTIFICATION EXAM MULTIPLE CHOICE
Once a Property Asset Type is selected it cannot be changed. T or F - Answers- False
The Analysis Begin Date defaults to the current Month and Year. T or F - Answers- 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? -
Answers- Control Panel
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. - Answers- Analysis
What is the extension of a property asset file in ARGUS Enterprise? - Answers- .avux
____________ saves the updates to the property asset model to the database. If a
calculation has been performed, it saves the latest calculation results. - Answers- Save
Property
What should be selected as "How Input" method for the revenue or expense to be
based on a percentage of other cash flow items in the property? - Answers- % of Other
Common Area Maintained is $100,000 and is 50% fixed. Occupancy is 75%.
What dollar amount should be entered in the Amount1 field?
What will be the actual expense on the Cash Flow for CAM? - Answers- 100
87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
What dollar amount should be entered in theAmount1 field?
What will be the actual expense on the Cash flow for insurance? - Answers- 80,000
80,000
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? - Answers- Copy
Column to End
When calculating a market leasing profile with the upon expiration set to renew,
Enterprise ___________________ - Answers- Assumes a 100% renewal
The upon expiration field within the Market Leasing profile allows us to select any
overrides for past terms. - Answers- False
When you have a one-time increase, or an increase that happens at different
increments or times, utilize the fixed steps column. T or F - Answers- False
, When entering an Available Date prior to the start date within the rent toll, Argus
enterprise will assume: - Answers- the space is available but vacant until the start date
the analysis start date is January 2024. A tenant's lease start date is March 2024. If we
want to show the lost absorption/turnover rent for this tenant, what would be entered in
the following fields? - Answers- Available Date field: Jan 24
Start Date field: March 24
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 or F - Answers- False
The % of Total Rental Revenue method is calculated by taking the scheduled base rent
+ _________________ - Answers- CPI Increases
The General Vacancy calculation frequency can be monthly or annually. T or F -
Answers- True
Free Rent, tenant improvement and leasing commission categories can be created in
the market parent tab and applied in the Rent Roll, or the Market Leasing levels. -
Answers- True
When including free rent in the leasing commissions calculation is it added or
subtracted within the formula - Answers- subtracted
By default when are leasing commissions paid within Argus Enterprise? - Answers- The
first month of the first lease year
What is the default free rent formula? - Answers- Base Rent + Fixed Steps + CPI
By default, when is free rent given within Argus Enterprise? - Answers- the first months
of the lease
the gross sale price is calculated by taking the NOI to capitalize and dividing it by the
_________, when using CAP NOI - Answers- cap rate
A user can change the Hold Length for the property resale by selecting either Hold
Years or a Fixed Date. T or F - Answers- True
Parameters for the discount rate change interval on the IRR Matrix report can be
changed in the _________ tab? - Answers- Assumptions
Within the investment tab, the ____________ tab is used to calculate debt notes
outside the AE system. - Answers- Other Debt
Argus Enterprise can have a different term length for Amortization and the Loan. T or F -
Answers- True
Once a Property Asset Type is selected it cannot be changed. T or F - Answers- False
The Analysis Begin Date defaults to the current Month and Year. T or F - Answers- 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? -
Answers- Control Panel
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. - Answers- Analysis
What is the extension of a property asset file in ARGUS Enterprise? - Answers- .avux
____________ saves the updates to the property asset model to the database. If a
calculation has been performed, it saves the latest calculation results. - Answers- Save
Property
What should be selected as "How Input" method for the revenue or expense to be
based on a percentage of other cash flow items in the property? - Answers- % of Other
Common Area Maintained is $100,000 and is 50% fixed. Occupancy is 75%.
What dollar amount should be entered in the Amount1 field?
What will be the actual expense on the Cash Flow for CAM? - Answers- 100
87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
What dollar amount should be entered in theAmount1 field?
What will be the actual expense on the Cash flow for insurance? - Answers- 80,000
80,000
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? - Answers- Copy
Column to End
When calculating a market leasing profile with the upon expiration set to renew,
Enterprise ___________________ - Answers- Assumes a 100% renewal
The upon expiration field within the Market Leasing profile allows us to select any
overrides for past terms. - Answers- False
When you have a one-time increase, or an increase that happens at different
increments or times, utilize the fixed steps column. T or F - Answers- False
, When entering an Available Date prior to the start date within the rent toll, Argus
enterprise will assume: - Answers- the space is available but vacant until the start date
the analysis start date is January 2024. A tenant's lease start date is March 2024. If we
want to show the lost absorption/turnover rent for this tenant, what would be entered in
the following fields? - Answers- Available Date field: Jan 24
Start Date field: March 24
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 or F - Answers- False
The % of Total Rental Revenue method is calculated by taking the scheduled base rent
+ _________________ - Answers- CPI Increases
The General Vacancy calculation frequency can be monthly or annually. T or F -
Answers- True
Free Rent, tenant improvement and leasing commission categories can be created in
the market parent tab and applied in the Rent Roll, or the Market Leasing levels. -
Answers- True
When including free rent in the leasing commissions calculation is it added or
subtracted within the formula - Answers- subtracted
By default when are leasing commissions paid within Argus Enterprise? - Answers- The
first month of the first lease year
What is the default free rent formula? - Answers- Base Rent + Fixed Steps + CPI
By default, when is free rent given within Argus Enterprise? - Answers- the first months
of the lease
the gross sale price is calculated by taking the NOI to capitalize and dividing it by the
_________, when using CAP NOI - Answers- cap rate
A user can change the Hold Length for the property resale by selecting either Hold
Years or a Fixed Date. T or F - Answers- True
Parameters for the discount rate change interval on the IRR Matrix report can be
changed in the _________ tab? - Answers- Assumptions
Within the investment tab, the ____________ tab is used to calculate debt notes
outside the AE system. - Answers- Other Debt
Argus Enterprise can have a different term length for Amortization and the Loan. T or F -
Answers- True
