ARGUS UPDATED TEST EXAM MANUAL QUESTIONS AND
ANSWERS GRADED A+
✔✔True or False: Additional principal payments can be factored into the loan
computations? - ✔✔True
✔✔While running a 7-year analysis on a property with a 30-year debt note in ARGUS
Enterprise, the note will _____________ at the end of the projection. - ✔✔Balloon
✔✔After changing the modeling policy for Gross Ups, any Recovery Structure already
created will default to the Gross Up percent in the Modeling Policies window. - ✔✔False
✔✔The default formula for Leasing Commissions is: - ✔✔Base Rent + Step Rent + CPI
- Free Rent
✔✔To indicate that an expense should not be included in the cash flow projection nor
used in the calculation of the NOI, select ________________ - ✔✔Reference Only
✔✔True or False: The percentage of the expense that is eligible to be recovered can be
altered for the entire property within the Expense tab - ✔✔True
✔✔What is the default formula for Free Rent? - ✔✔Base Rent + Fixed Steps + CPI
✔✔True or False: Months Vacant Overrides will only affect the first rollover and there
will be no blending based upon the renewal probability. - ✔✔True
✔✔True or False: The Batch Update allows a user to model several changes
simultaneously instead of performing each individual adjustment. - ✔✔True
✔✔True or False: When creating a sensitivity scenario, changes to individual properties
may be made at the top of the screen. - ✔✔False
✔✔Different levels of detail can be set for the Audit Log in which Portfolio Application
tab? - ✔✔Portfolio Details
✔✔To change the report interval setting, click the _____________ button. - ✔✔Report
Options
✔✔Which report within Portfolio Level Reports will show individual property information
that makes up the selected cash flow totals? - ✔✔Cash Flow Detail
✔✔All of the following are options for exporting Portfolio Level Reporting except:
a) Excel
, b) Tiff
c) PDF
d) HTML - ✔✔d) HTML
✔✔Task Pane provides a number of shortcuts and convenient functions, which include:
- ✔✔Getting Started, ARGUS Alerts, ARGUS Valuation - DCF Wizard, and Shared
Workspace
✔✔Getting Started (Task Pane) - 4 - ✔✔Create new files, open recent files, connect to
ARGUS website, and access a shared workplace online
✔✔ARGUS Alerts - ✔✔Login to the ARGUS website to receive instant alerts, news, and
other information
✔✔Property Library - ✔✔Window allows you to view a list of property files in the active
directory when other ARGUS Valuation - DCF property files are open.
✔✔Toolbar (on the Property Library window) - ✔✔Allows you to navigate to directories
and to perform actions on one or multiple ARGUS files without opening the files
themselves
✔✔Items of Property Library Toolbar (5) - ✔✔Email a file to someone, report on a batch
of ARGUS files, create a portfolio, compare two or more files, add selected files to the
Tenant Registry
✔✔When creating a ARGUS file it is best to start with... - ✔✔the Property Description
✔✔Inputs of Property Description - ✔✔Basic property information - timing area
measures, and inflation
✔✔What is the first window to appear when creating a new file? - ✔✔Property
Description window
✔✔Where is the password button found? - ✔✔Property Description window
✔✔Property Type can or cannot be changed once selected? - ✔✔CANNOT!
✔✔Property Timing tab is found where? - ✔✔Property Description window
✔✔Property Timing tab includes: - ✔✔Analysis start date, Reporting Start Date, and #
of years to Report or End Date
ANSWERS GRADED A+
✔✔True or False: Additional principal payments can be factored into the loan
computations? - ✔✔True
✔✔While running a 7-year analysis on a property with a 30-year debt note in ARGUS
Enterprise, the note will _____________ at the end of the projection. - ✔✔Balloon
✔✔After changing the modeling policy for Gross Ups, any Recovery Structure already
created will default to the Gross Up percent in the Modeling Policies window. - ✔✔False
✔✔The default formula for Leasing Commissions is: - ✔✔Base Rent + Step Rent + CPI
- Free Rent
✔✔To indicate that an expense should not be included in the cash flow projection nor
used in the calculation of the NOI, select ________________ - ✔✔Reference Only
✔✔True or False: The percentage of the expense that is eligible to be recovered can be
altered for the entire property within the Expense tab - ✔✔True
✔✔What is the default formula for Free Rent? - ✔✔Base Rent + Fixed Steps + CPI
✔✔True or False: Months Vacant Overrides will only affect the first rollover and there
will be no blending based upon the renewal probability. - ✔✔True
✔✔True or False: The Batch Update allows a user to model several changes
simultaneously instead of performing each individual adjustment. - ✔✔True
✔✔True or False: When creating a sensitivity scenario, changes to individual properties
may be made at the top of the screen. - ✔✔False
✔✔Different levels of detail can be set for the Audit Log in which Portfolio Application
tab? - ✔✔Portfolio Details
✔✔To change the report interval setting, click the _____________ button. - ✔✔Report
Options
✔✔Which report within Portfolio Level Reports will show individual property information
that makes up the selected cash flow totals? - ✔✔Cash Flow Detail
✔✔All of the following are options for exporting Portfolio Level Reporting except:
a) Excel
, b) Tiff
c) PDF
d) HTML - ✔✔d) HTML
✔✔Task Pane provides a number of shortcuts and convenient functions, which include:
- ✔✔Getting Started, ARGUS Alerts, ARGUS Valuation - DCF Wizard, and Shared
Workspace
✔✔Getting Started (Task Pane) - 4 - ✔✔Create new files, open recent files, connect to
ARGUS website, and access a shared workplace online
✔✔ARGUS Alerts - ✔✔Login to the ARGUS website to receive instant alerts, news, and
other information
✔✔Property Library - ✔✔Window allows you to view a list of property files in the active
directory when other ARGUS Valuation - DCF property files are open.
✔✔Toolbar (on the Property Library window) - ✔✔Allows you to navigate to directories
and to perform actions on one or multiple ARGUS files without opening the files
themselves
✔✔Items of Property Library Toolbar (5) - ✔✔Email a file to someone, report on a batch
of ARGUS files, create a portfolio, compare two or more files, add selected files to the
Tenant Registry
✔✔When creating a ARGUS file it is best to start with... - ✔✔the Property Description
✔✔Inputs of Property Description - ✔✔Basic property information - timing area
measures, and inflation
✔✔What is the first window to appear when creating a new file? - ✔✔Property
Description window
✔✔Where is the password button found? - ✔✔Property Description window
✔✔Property Type can or cannot be changed once selected? - ✔✔CANNOT!
✔✔Property Timing tab is found where? - ✔✔Property Description window
✔✔Property Timing tab includes: - ✔✔Analysis start date, Reporting Start Date, and #
of years to Report or End Date
