ARGUS CERTIFICATION UPDATED EXAMS SCRIPT
QUESTIONS AND ANSWERS GRADED A+
✔✔The % of total rental revenue method is calculated by taking the scheduled base
rent+_______ - ✔✔CPI increases
✔✔The general vacanc calculation frequency can be monthly or annually. T or F? -
✔✔T
✔✔What is the general vacancy for this building?
Potential gross revenue: 9,600,000
Absorption & turnover vacancy: 230,000 - ✔✔$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? - ✔✔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? - ✔✔$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? - ✔✔$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 - ✔✔$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? - ✔✔$386,168.00
✔✔By default, when are leasing commissions paid within ARGUS Enterprise? - ✔✔The
first month of the first lease year
✔✔What is the default Free Rent formula? - ✔✔Base Rent + Fixed Steps + CPI
✔✔_________ is a solution for consolidating and reporting property, tenant, portfolio,
and scenario information contained within the ARGUS Data Warehouse. - ✔✔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? - ✔✔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? - ✔✔T
✔✔By default, when is free rent given within ARGUS Enterprise? - ✔✔The first
month(s) of the lease
✔✔When including Free Rent in the leasing commission calculation, is it ADDED or
SUBTRACTED within the formula? - ✔✔Subtracted
✔✔The Upon Expiration field within the market leasing profile allows us to select any
overrides for past terms. T or F? - ✔✔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. - ✔✔$30,000
✔✔Parameters for the Discount Rate change Interval on the IRR Matrix report can be
changed in the ______________________ tab? - ✔✔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% - ✔✔$4,567.50
✔✔AE can have different term length for amortization and the loan. T or F? - ✔✔T
✔✔Enter other debt information into the valuation tab. T or F? - ✔✔F
✔✔Within the Investment tab, the _________________________ tab is used to
calculate debt notes outside the AE system. - ✔✔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? - ✔✔T
✔✔Calculate the resale value of the building using the following assumptions.(Round to
Nearest dollar).
Resale Method = Capitalize NOI
NOI= $784,567
, Cap Rate= 6.5%
Selling Costs= 3.0% adjusted gross - ✔✔$11,708,154
✔✔The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by
the ______________________, when using CAP NOI (12 months after sale) - ✔✔CAP
Rate
✔✔When Calculating a market leasing profile with the Upon Expiration set to Renewal,
Enterprise __________________ - ✔✔Assumes a 100% Renewal.
✔✔What is the CPI inflation rate in 2022? - ✔✔0.00%
✔✔What is the Market Rent in 2023? - ✔✔$17.03
✔✔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. - ✔✔Analysis
✔✔Which section in the Navigation Pane allows users to update a variety of different
setting ranging from Managing Users to Data Import Validation Rules to Report
Settings. - ✔✔Control Panel
✔✔AE merges three industry standard solutions: ARGUS valuation-DCF, ARGUS Asset
management, and ARGUS Valuation-Capitalisation. T or F? - ✔✔T
✔✔In AE you can utilize shortcut keyboard commands to navigate within certain
sections of the program. T or F? - ✔✔T
✔✔In AE, a user can add over 100 properties into a portfolio. T or F? - ✔✔T
✔✔All the following are options for exporting portfolio level reporting except?
Excel
Tiff
PDF
HTML - ✔✔HTML
✔✔Which is a benefit to utilizing a chart of accounts? - ✔✔Easier to track
Revenues/Expenses
Standardizes portfolio for names of all Expenses/ Revenues
Helps with accounting system integration
QUESTIONS AND ANSWERS GRADED A+
✔✔The % of total rental revenue method is calculated by taking the scheduled base
rent+_______ - ✔✔CPI increases
✔✔The general vacanc calculation frequency can be monthly or annually. T or F? -
✔✔T
✔✔What is the general vacancy for this building?
Potential gross revenue: 9,600,000
Absorption & turnover vacancy: 230,000 - ✔✔$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? - ✔✔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? - ✔✔$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? - ✔✔$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 - ✔✔$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? - ✔✔$386,168.00
✔✔By default, when are leasing commissions paid within ARGUS Enterprise? - ✔✔The
first month of the first lease year
✔✔What is the default Free Rent formula? - ✔✔Base Rent + Fixed Steps + CPI
✔✔_________ is a solution for consolidating and reporting property, tenant, portfolio,
and scenario information contained within the ARGUS Data Warehouse. - ✔✔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? - ✔✔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? - ✔✔T
✔✔By default, when is free rent given within ARGUS Enterprise? - ✔✔The first
month(s) of the lease
✔✔When including Free Rent in the leasing commission calculation, is it ADDED or
SUBTRACTED within the formula? - ✔✔Subtracted
✔✔The Upon Expiration field within the market leasing profile allows us to select any
overrides for past terms. T or F? - ✔✔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. - ✔✔$30,000
✔✔Parameters for the Discount Rate change Interval on the IRR Matrix report can be
changed in the ______________________ tab? - ✔✔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% - ✔✔$4,567.50
✔✔AE can have different term length for amortization and the loan. T or F? - ✔✔T
✔✔Enter other debt information into the valuation tab. T or F? - ✔✔F
✔✔Within the Investment tab, the _________________________ tab is used to
calculate debt notes outside the AE system. - ✔✔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? - ✔✔T
✔✔Calculate the resale value of the building using the following assumptions.(Round to
Nearest dollar).
Resale Method = Capitalize NOI
NOI= $784,567
, Cap Rate= 6.5%
Selling Costs= 3.0% adjusted gross - ✔✔$11,708,154
✔✔The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by
the ______________________, when using CAP NOI (12 months after sale) - ✔✔CAP
Rate
✔✔When Calculating a market leasing profile with the Upon Expiration set to Renewal,
Enterprise __________________ - ✔✔Assumes a 100% Renewal.
✔✔What is the CPI inflation rate in 2022? - ✔✔0.00%
✔✔What is the Market Rent in 2023? - ✔✔$17.03
✔✔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. - ✔✔Analysis
✔✔Which section in the Navigation Pane allows users to update a variety of different
setting ranging from Managing Users to Data Import Validation Rules to Report
Settings. - ✔✔Control Panel
✔✔AE merges three industry standard solutions: ARGUS valuation-DCF, ARGUS Asset
management, and ARGUS Valuation-Capitalisation. T or F? - ✔✔T
✔✔In AE you can utilize shortcut keyboard commands to navigate within certain
sections of the program. T or F? - ✔✔T
✔✔In AE, a user can add over 100 properties into a portfolio. T or F? - ✔✔T
✔✔All the following are options for exporting portfolio level reporting except?
Excel
Tiff
HTML - ✔✔HTML
✔✔Which is a benefit to utilizing a chart of accounts? - ✔✔Easier to track
Revenues/Expenses
Standardizes portfolio for names of all Expenses/ Revenues
Helps with accounting system integration
