Argus Certification Practice Exam Questions With
100% Verified Solutions
To lock down a specific property and restrict who can edit it, click the ____ button
located in the ARGUS Enterprise Ribbon bar.
A) Modeling Policies
B) Calculate As
C) Check Out Property
D) Details - ANSWER C
You can import and/or export v15 DCF files from ARGUS Enterprise T/F? - ANSWER
True
The Expense Inflation Rate will be the default percentage for:
A) Operating Expenses
B) Non-operating Expenses
C) Capital Expenses
D) All the above - ANSWER D
Every inflation category must be given a number or it will default to the General Inflation
Rate T/F? - ANSWER False
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 - ANSWER B
The default recovery structure in ARGUS Enterprise is ____.
A) Base Year Stop
B) Net
C) Fixed Amount
D) None - ANSWER B
The Available Date column in the Tenant-Rent Roll, represents the start of the tenant's
,lease T/F? - ANSWER False
By default, Tenant Improvements and Leasing Commissions are paid at the start of the
tenant's lease T/F? - ANSWER True
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
T/F?. - ANSWER True
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. - ANSWER C
The inflation rates are displayed on which report?
A) Cash Flow
B) Market Pricing
C) Lease Audit
D) Property Summary - ANSWER D
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 - ANSWER C
When you 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 - ANSWER D
If 12% is a desired return, enter 12% in the ____ parent tab.
,A) Valuation
B) Cap Rate
C) Investment
D) Property Resale - ANSWER A
If a tenant's space is available but sitting vacant before they move in and you want to
show that vacancy on reports, what do you need to enter in for the lease dates?
A) Enter the same date in the Available and Start Date fields
B) The available date needs to be when the space is available and the Start date
needs to be when the tenant's lease begins.
C) Lease Execution needs to be the same date as the Lease Start
D) Available and Lease Execution need to have the same date - ANSWER B
Step Rent increases can be applied in the Step Rent field or in the Base rent varies
window T/F? - ANSWER True
When using an Available date that is before the Start date, the loss in potential rent
(Base Rental Revenue) can be shown on which report?
A) Lease Audit
B) Tenant Cash Flow
C) Executive Summary
D) Recovery Audit - ANSWER A
_____ is used in retail properties where tenants are expected to pay a percentage of
their sales to the property owner.
A) CPI
B) Percentage Rent
C) Step Rent
D) None of the Above - ANSWER B
What is the default calculation formula for Chargeable Sales?
A) Base rent / Sales%
B) Chargeable Sales x Sales%
C) Sales% x Sales volume
D) Sales volume - Breakpoint - ANSWER D
, Calculate the General Vacancy Rate loss using the following assumptions:
-Potential Gross Revenue: $800,000
-Absorption and Turnover Vacancy: $20,000
-Calculation: 5% of Potential Gross Revenue
A) $20,000
B) $21,000
C) $40,000
D) $41,000 - ANSWER B
Additional principal payments can be factored into the loan computations? T/F? -
ANSWER True
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.
A) Amortize
B) Balloon
C) Delete
D) Mature - ANSWER B
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.
T/F? - ANSWER False
The default formula for Leasing Commissions is:
A) Base Rent + CPI - Step Rent
B) Base Rent + Step Rent + Free Rent - CPI
C) Base Rent + CPI
D) Base Rent + Step Rent - Free Rent - ANSWER D
To indicate that an expense should not be included in the cash flow projection nor used
in the calculation of the NOI, select _____.
A) % of Other
B) Ref Acct
C) Memo
D) Reference Only - ANSWER D
100% Verified Solutions
To lock down a specific property and restrict who can edit it, click the ____ button
located in the ARGUS Enterprise Ribbon bar.
A) Modeling Policies
B) Calculate As
C) Check Out Property
D) Details - ANSWER C
You can import and/or export v15 DCF files from ARGUS Enterprise T/F? - ANSWER
True
The Expense Inflation Rate will be the default percentage for:
A) Operating Expenses
B) Non-operating Expenses
C) Capital Expenses
D) All the above - ANSWER D
Every inflation category must be given a number or it will default to the General Inflation
Rate T/F? - ANSWER False
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 - ANSWER B
The default recovery structure in ARGUS Enterprise is ____.
A) Base Year Stop
B) Net
C) Fixed Amount
D) None - ANSWER B
The Available Date column in the Tenant-Rent Roll, represents the start of the tenant's
,lease T/F? - ANSWER False
By default, Tenant Improvements and Leasing Commissions are paid at the start of the
tenant's lease T/F? - ANSWER True
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
T/F?. - ANSWER True
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. - ANSWER C
The inflation rates are displayed on which report?
A) Cash Flow
B) Market Pricing
C) Lease Audit
D) Property Summary - ANSWER D
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 - ANSWER C
When you 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 - ANSWER D
If 12% is a desired return, enter 12% in the ____ parent tab.
,A) Valuation
B) Cap Rate
C) Investment
D) Property Resale - ANSWER A
If a tenant's space is available but sitting vacant before they move in and you want to
show that vacancy on reports, what do you need to enter in for the lease dates?
A) Enter the same date in the Available and Start Date fields
B) The available date needs to be when the space is available and the Start date
needs to be when the tenant's lease begins.
C) Lease Execution needs to be the same date as the Lease Start
D) Available and Lease Execution need to have the same date - ANSWER B
Step Rent increases can be applied in the Step Rent field or in the Base rent varies
window T/F? - ANSWER True
When using an Available date that is before the Start date, the loss in potential rent
(Base Rental Revenue) can be shown on which report?
A) Lease Audit
B) Tenant Cash Flow
C) Executive Summary
D) Recovery Audit - ANSWER A
_____ is used in retail properties where tenants are expected to pay a percentage of
their sales to the property owner.
A) CPI
B) Percentage Rent
C) Step Rent
D) None of the Above - ANSWER B
What is the default calculation formula for Chargeable Sales?
A) Base rent / Sales%
B) Chargeable Sales x Sales%
C) Sales% x Sales volume
D) Sales volume - Breakpoint - ANSWER D
, Calculate the General Vacancy Rate loss using the following assumptions:
-Potential Gross Revenue: $800,000
-Absorption and Turnover Vacancy: $20,000
-Calculation: 5% of Potential Gross Revenue
A) $20,000
B) $21,000
C) $40,000
D) $41,000 - ANSWER B
Additional principal payments can be factored into the loan computations? T/F? -
ANSWER True
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.
A) Amortize
B) Balloon
C) Delete
D) Mature - ANSWER B
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.
T/F? - ANSWER False
The default formula for Leasing Commissions is:
A) Base Rent + CPI - Step Rent
B) Base Rent + Step Rent + Free Rent - CPI
C) Base Rent + CPI
D) Base Rent + Step Rent - Free Rent - ANSWER D
To indicate that an expense should not be included in the cash flow projection nor used
in the calculation of the NOI, select _____.
A) % of Other
B) Ref Acct
C) Memo
D) Reference Only - ANSWER D
