ARGUS Certification UPDATED ACTUAL Exam Questions and CORRECT Answers

ARGUS Certification UPDATED ACTUAL
Exam Questions and CORRECT Answers
1. Once a Property Asset Type is selected it cannot be changed - CORRECT ANSWER -
False


2. The Analysis Begin Date defaults to the current Month and Year - CORRECT
ANSWER - True


3. Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%.
What dollar amount should be entered in the Amount1 field? (no commas) - CORRECT
ANSWER - 100000


4. Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%.
What will be the actual expense on the Cash Flow for CAM (no commas) - CORRECT
ANSWER - (100000*.5)+(50000*.75)=87500



5. What default elements are included in Free Rent? - CORRECT ANSWER - Base Rent,
Step Rent, CPI


6. When calculating a Market Leasing profile with the Upon Expiration set to Renewal, ARGUS
Enterprise...Assumes a 100% renewal. - CORRECT ANSWER -


7. The Upon Expiration field within the Market Leasing profile allows us to select any overrides
for past terms - CORRECT ANSWER - False


8. Step Rent increases can be applied in the Step Rent field or in the Base Rent varies window -
CORRECT ANSWER - True



9. What property types will have the Percentage Rent fields? - CORRECT ANSWER -
Retail, Mixed Use (that include Retail)