Argus Certification Exam Study Guide& Real Exam Questions with 100% Correct Answers | Verified | Latest Updated pdf

Argus Certification Exam Study Guide& Real Exam
Questions with 100% Correct Answers | Verified |
Latest Updated pdf

The Fixed Amount/Area Recovery Method is calculated as:

A) The increased over an amount/area that will be paid by the tenant each year
B) The amount/area, based on Property Size, that will be paid by the tenant each year
C) The annual amount/area, based on Tenant Size, that will be paid by the Tenant
each year
D) None of the above
C
In the Portfolio section of the File Tab, existing properties within the portfolios are
displayed in the ____ pane.

A) Scenarios
B) Options
C) Properties
D) Charts
C
Which of the following is considered a primary use for XL4ADW? Check all that
apply.

A) Customer queries of results data
B) Import of new models and data
C) Modify modeling in AE (Round Trip)
D) Review modeling data in AE (Input Assumptions)
A,B,C,D
When leased roll to the market leasing profile, by default rents do not inflate during
the rollover term. T/F?
True

,What is the calculation for the Natural Breakpoint for Percentage Rent?

A) Volume - Chargeable Sales
B) Base Rent / Sales Percentage
C) Base Rent x Sales Percentage
D) Chargeable Sales x Sales Percentage
B
How is Total Rental Revenue calculated?

A) Total tenant revenue + Total Other Income
B) Scheduled Base Rent + CPI Increases
C) Scheduled Base Rent + Total other Income
D) Total Rental Revenue + Total Other Income
B
For a tenant to pay a specific amount for an expense, select the ____ recovery
method.

A) Fixed Amount
B) Stop amount
C) Stop Amount/Area
D) Market
A
Which Recovery Structure would you select to enter in a tenant that pays their net
pro-rata share of all expenses over a specified base stop?

A) Fixed Amount
B) Fixed Amount/Area
C) Stop Amount/Area
D) Expense Stop
C
Which of the following are included in the default Free Rent calculation?
Check all that apply

,A) base rent
B) Fixed steps
C) CPI rent increased
D) Recoveries
A,B,C
Which of the following are levels offered with the Chart of Accounts? Check all that
apply.

A) Parent/Header
B) Cashflow/GL Account
C) Detail/ Job Costs
D) Revenue Costs
A,B,C
Which of the following is a purpose for a Market Leasing Profile?

A) To apply leasing assumptions to a tenant area when the current lease for that
space expires
B) Speculative leasing or Space Absorption, of vacant space
C) Both A and B
D) None of the Above
C
The Present Value tab allows us to enter in a separate discount rate for the
Leveraged and Unleveraged Cash Flow as well as the Leveraged and Unleveraged
Resale Rate. T/F?
True
Entering a property address will allow a user to access a map of the location in AE.
T/F?
False
Use the following assumptions to calculate the general vacancy for the property in
Year 1 of the analysis if we are overriding Tenant 1 and a Percent of Potential Gross
Revenue is the method being applied. There is no Absorption and Turnover in Year 1.

, General Vacancy: 5%
Total Potential Gross Rev: $87,632
Tenant 1 Rental: $42,330
Tenant 1 Override %: 0%

A) $2,265
B) $3,000
C) $1,055
D) None of the above
A
To indicate that an expense should not be included in the cash flow projection nor
used in the calculation of the NOI, select the ____ option.

A) Memo Account
B) Non-operating expenses
C) Reference Only
D) Option
C
Which of the following are included in the default Leasing Commission calculation?
Check all that apply.

A) Percentage Rent
B) Free Rent
C) CPI
D) Fixed Steps
B,C,D
Percentage Rent fields are only available when ____ is selected as the property type.

A) Office
B) Mixed Use that does not include Retail
C) Retail or Mixed Use that included Retail
D) Industrial
C