ARGUS Exam Questions and Answers Grade A+
Once a Property Asset Type is selected it cannot be changed. T or F? - Answer-F
The Analysis Begin date defaults to the current Month and Year. T or F? - Answer-T
What is the extension of a property asset file in ARGUS Enterprise? - Answer-.avux
_______ saves the updates to the property asset model to the database. If a calculation has
been performed, it also saves the latest calculation results. - Answer-Save Property
What should be selected as the 'How Input' method for the revenue or expense to be based on
a percentage of other cash flow items in the property? - Answer-% of Other
Common Area Maintenance (CAM) is $100,00 and is 50.0% fixed. Occipancy is 75.0%.
a.
b. - Answer-a. $100,000
b.[($100,000x50%Fixed)+(100,000 x 50% Variable x 75% Occupied)][($50,000) + (37,500)]
$87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85% - Answer-a. $80,000
b. $80,000x% Variable x 75% Occupied)][($80,000) + ($0)]
$80,000
To replicate a value in a specifici month of each year during the project for a specific expense,
you must click which button in the Amount1 Varies window? - Answer-Copy Column to End
When you have a one time increase or an increase that happens at different increments or
times, utilize the Fixed Steps Unit column. T or F? - Answer-F
When entering an available date prior to the start date within the rent roll, ARGUS enterprise
will assume: - Answer-The spaec is available, but vacant until the start date.
The analysis start date is January 2020. A tenant's lease start date is MArch 2020. If we want to
show the lost absorption/ turnover rent for this tenant, what would be entered into the
following fields?
Available date field:
Start Date field: - Answer-available: January 2020
start date: March 2020
,The lost absoprtion / 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? - Answer-F
Tenants size: 2450 SF
Tenants rent: 13.00 / SF / Year
Calculate the percentage rent. $ - Answer-$6150
The % of total rental revenue method is calculated by taking the scheduled base rent+_______ -
Answer-CPI increases
The general vacanc calculation frequency can be monthly or annually. T or F? - Answer-T
What is the general vacancy for this building?
Potential gross revenue: 9,600,000
Absorption & turnover vacancy: 230,000 - Answer-$261,500
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.
T or F? - Answer-T
Assume that a property's CAM expense is $30,000 per year and 60.0% fixed. The occupancy of
the property is 70.0% What is the operating expense amount that will appear on the Cash Flow
report? - Answer-$26,400
Assume that a property's CAM expense is $30,000 per year and 60.0% fixed. The occupancy of
the property is 70.0% and reimbursable expenses are grossed up to 100.0%. What is the
operating expense amount that will appear on the Cash Flow Report? - Answer-$26,400
What will Tenant A pay in reimbursement in 2017 if they have a 2016 Base Year Stop and all
Operating Expenses are included except the Real Estate Taxes?
Tenant A Size- 20,000 SF
Property Size- 25,000SF - Answer-$47,204.80
What will Tenant A pay in reimbursements in 2018 if the reimbursement method is Net and all
Operating Expenses are included in the recovery? - Answer-$386,168.00
By default, when are leasing commissions paid within ARGUS Enterprise? - Answer-The first
month of the first lease year
, What is the default Free Rent formula? - Answer-Base Rent + Fixed Steps + CPI
_________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario
information contained within the ARGUS Data Warehouse. - Answer-Portfolio Level Reporting
Sensitivity Analysis allows you to create scenarios and make edits to an individual property or all
the properties within your portfolio simultaneously. T or F? - Answer-T
Each time a filter is activated, the formula at the bottom of the screen is updated. To remove
the filter, click the X to the left of the filter formula. T or F? - Answer-T
By default, when is free rent given within ARGUS Enterprise? - Answer-The first month(s) of the
lease
When including Free Rent in the leasing commission calculation, is it ADDED or SUBTRACTED
within the formula? - Answer-Subtracted
The Upon Expiration field within the market leasing profile allows us to select any overrides for
past terms. T or F? - Answer-F
Assume that a property's CAM expense is $30,000 per year and 60.0% fixed. The occupancy of
the property is 70.0%. What value should be entered in the Amount1 field in the operating tab.
- Answer-$30,000
Parameters for the Discount Rate change Interval on the IRR Matrix report can be changed in
the ______________________ tab? - Answer-Assumptions
Calculate the Utilities expense, using the following assumptions____________________.
Property Size = 35,000 SF
Utilities expense= $0.15/SF/Year, 35.0% Fixed
Occupancy= 80% - Answer-$4,567.50
AE can have different term length for amortization and the loan. T or F? - Answer-T
Enter other debt information into the valuation tab. T or F? - Answer-F
Within the Investment tab, the _________________________ tab is used to calculate debt
notes outside the AE system. - Answer-Other Debt
A user can change the Hold Length for the Property Resale by selecting either Hold Years or a
Fixed date. T or F? - Answer-T
Calculate the resale value of the building using the following assumptions.(Round to Nearest
dollar).
Once a Property Asset Type is selected it cannot be changed. T or F? - Answer-F
The Analysis Begin date defaults to the current Month and Year. T or F? - Answer-T
What is the extension of a property asset file in ARGUS Enterprise? - Answer-.avux
_______ saves the updates to the property asset model to the database. If a calculation has
been performed, it also saves the latest calculation results. - Answer-Save Property
What should be selected as the 'How Input' method for the revenue or expense to be based on
a percentage of other cash flow items in the property? - Answer-% of Other
Common Area Maintenance (CAM) is $100,00 and is 50.0% fixed. Occipancy is 75.0%.
a.
b. - Answer-a. $100,000
b.[($100,000x50%Fixed)+(100,000 x 50% Variable x 75% Occupied)][($50,000) + (37,500)]
$87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85% - Answer-a. $80,000
b. $80,000x% Variable x 75% Occupied)][($80,000) + ($0)]
$80,000
To replicate a value in a specifici month of each year during the project for a specific expense,
you must click which button in the Amount1 Varies window? - Answer-Copy Column to End
When you have a one time increase or an increase that happens at different increments or
times, utilize the Fixed Steps Unit column. T or F? - Answer-F
When entering an available date prior to the start date within the rent roll, ARGUS enterprise
will assume: - Answer-The spaec is available, but vacant until the start date.
The analysis start date is January 2020. A tenant's lease start date is MArch 2020. If we want to
show the lost absorption/ turnover rent for this tenant, what would be entered into the
following fields?
Available date field:
Start Date field: - Answer-available: January 2020
start date: March 2020
,The lost absoprtion / 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? - Answer-F
Tenants size: 2450 SF
Tenants rent: 13.00 / SF / Year
Calculate the percentage rent. $ - Answer-$6150
The % of total rental revenue method is calculated by taking the scheduled base rent+_______ -
Answer-CPI increases
The general vacanc calculation frequency can be monthly or annually. T or F? - Answer-T
What is the general vacancy for this building?
Potential gross revenue: 9,600,000
Absorption & turnover vacancy: 230,000 - Answer-$261,500
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.
T or F? - Answer-T
Assume that a property's CAM expense is $30,000 per year and 60.0% fixed. The occupancy of
the property is 70.0% What is the operating expense amount that will appear on the Cash Flow
report? - Answer-$26,400
Assume that a property's CAM expense is $30,000 per year and 60.0% fixed. The occupancy of
the property is 70.0% and reimbursable expenses are grossed up to 100.0%. What is the
operating expense amount that will appear on the Cash Flow Report? - Answer-$26,400
What will Tenant A pay in reimbursement in 2017 if they have a 2016 Base Year Stop and all
Operating Expenses are included except the Real Estate Taxes?
Tenant A Size- 20,000 SF
Property Size- 25,000SF - Answer-$47,204.80
What will Tenant A pay in reimbursements in 2018 if the reimbursement method is Net and all
Operating Expenses are included in the recovery? - Answer-$386,168.00
By default, when are leasing commissions paid within ARGUS Enterprise? - Answer-The first
month of the first lease year
, What is the default Free Rent formula? - Answer-Base Rent + Fixed Steps + CPI
_________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario
information contained within the ARGUS Data Warehouse. - Answer-Portfolio Level Reporting
Sensitivity Analysis allows you to create scenarios and make edits to an individual property or all
the properties within your portfolio simultaneously. T or F? - Answer-T
Each time a filter is activated, the formula at the bottom of the screen is updated. To remove
the filter, click the X to the left of the filter formula. T or F? - Answer-T
By default, when is free rent given within ARGUS Enterprise? - Answer-The first month(s) of the
lease
When including Free Rent in the leasing commission calculation, is it ADDED or SUBTRACTED
within the formula? - Answer-Subtracted
The Upon Expiration field within the market leasing profile allows us to select any overrides for
past terms. T or F? - Answer-F
Assume that a property's CAM expense is $30,000 per year and 60.0% fixed. The occupancy of
the property is 70.0%. What value should be entered in the Amount1 field in the operating tab.
- Answer-$30,000
Parameters for the Discount Rate change Interval on the IRR Matrix report can be changed in
the ______________________ tab? - Answer-Assumptions
Calculate the Utilities expense, using the following assumptions____________________.
Property Size = 35,000 SF
Utilities expense= $0.15/SF/Year, 35.0% Fixed
Occupancy= 80% - Answer-$4,567.50
AE can have different term length for amortization and the loan. T or F? - Answer-T
Enter other debt information into the valuation tab. T or F? - Answer-F
Within the Investment tab, the _________________________ tab is used to calculate debt
notes outside the AE system. - Answer-Other Debt
A user can change the Hold Length for the Property Resale by selecting either Hold Years or a
Fixed date. T or F? - Answer-T
Calculate the resale value of the building using the following assumptions.(Round to Nearest
dollar).
