ARGUS Cert Exam Review Questions with complete solutions.

ARGUS Cert Exam Review Questions with complete solutions. Once a Property Asset Type is selected it cannot be changed. a. True b. False - correct answers.b The Analysis Begin Date defaults to the current Month and Year. a. True b. False - correct answers.a 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 - correct answers.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. Portfolio Details b. Scenarios c. Reports d. Analysis - correct answers.d What is the extension of a property asset file in ARGUS Enterprise? a. .sf b. .avux c. .aeex d. .aeix - correct answers.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 - correct answers.d 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> a. Amount 1 b. Sub-lines c. % of Other d. Currency Amount/Vacant Area - correct answers.c Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%. a. What dollar amount should be entered in the Amount1 field? b. What will be the actual expense on the Cash Flow for CAM? - correct answers.a. $100,000 b. $87,500 [($100,000*50% Fixed) + ($100,000*50% Variable*75% Occupied)] = $87,500 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? - correct answers.a. $80,000 b. $80,000 [($80,000*100% Fixed) + ($80,000*0% Variable*85% Occupied)] = $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? a. Copy Across & Down b. Copy to End c. Copy Column to End d. Column - correct answers.c General Inflation: 3.00% in Market Inflation: 5.00% in 2021 & 2022, 3.00% in Expense Inflation Rate: 3.00% in CPI Inflation Rate: 0.00% in Market Rent is $15.00 / SF / Year in 2020. What is the Market Rent in 2023? a. $17.17 b. $17.03 c. $17.52 d. $17.81 - correct answers.b General Inflation: 3.00% in Market Inflation: 5.00% in 2021 & 2022, 3.00% in Expense Inflation Rate: 3.00% in CPI Inflation Rate: 0.00% in What is the CPI Inflation Rate in 2022? a. 3.00% b. 5.00% c. 3.03% d. 0.00% - correct answers.d 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.