ARGUS CERTIFICATION
COMPREHENSIVE QUESTIONS &
VERIFIED CORRECT ANSWERS
PASSED 100%
Once a Property Asset Type is selected it cannot be changed T/F? - Correct Answer
✔✔ False
The Analysis Begin date defaults to the current Month and Year T/F? - Correct Answer
✔✔ True
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 Answer ✔✔ 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 Answer ✔✔ D
What is the extension of a property asset file in ARGUS Enterprise?
A) .sf
b) .avux
C) .aeex
D) .aeix - Correct Answer ✔✔ 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 Answer ✔✔ D
What should be selected as the 'How Input' method for 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 Answer ✔✔ C
Common Area Maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%.
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
Answer ✔✔ A) $100,000
B) $87,500
[ 100,000 x 50% Fixed] + [100,000 x 50% Variable x 75% Occupied]
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
Answer ✔✔ A) $80,000
B) $80,000
[80,000 x 100% Fixed] + [80,000 x 0% variable x 85% Occupied]
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 and Down
B) Copy to End
C) Copy Column to End
D) Column - Correct Answer ✔✔ C
Market rent is $15.00 / SF / Year in 2020.
What is the Market Rent in 2023 (2021 5% Inf., 2022 5% Inf., 2023 3% Inf.)?
A) 17.17
B) 17.03
C) 17.52
D) 17.81 - Correct Answer ✔✔ B
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.
D) Assumes a 100% renewal. - Correct Answer ✔✔ D
The Upon Expiration field within the Market Leasing profile allows us to select any
overrides for past terms T/F? - Correct Answer ✔✔ False
When you have a one-time increase, or an increase that happens at different
increments or times, utilize the Fixed Steps Unit Column T/F? - Correct Answer ✔✔ B
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS
Enterprise will assume:
A) The space is not available until the start date
B) The space is available, but vacant until the Start Date.
C) The space is occupied until the Start Date
D) None of the Above. - Correct Answer ✔✔ B
The Analysis Start Date is January 2020. A tenant's lease start date is Match 2020. If
we want to show the Lost Absorption / Turnover Rent for this tenant, what would be
entered in the following fields?
Available Date Field: ______
Start Date Field: ______ - Correct Answer ✔✔ Available: Jan 2020
Start: March 2020
The Lost Absorption / Turnover Rent being reported for the months prior to a lease start
will appear on the individual Tenant Cash Flow / LPV report T/F? - Correct Answer ✔✔
False
The General Vacancy calculation frequency can be monthly or annually T/F? - Correct
Answer ✔✔ True
Calculate Utilities expense, using the following assumptions ____.
* Property size = 35,000 SF
* Utilities Expense = $0.15 / SF / Year, 35.0% Fixed
* Occupancy = 80.% - Correct Answer ✔✔ $4,567.50
Assume that 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? ________. - Correct Answer ✔✔ $30,000
COMPREHENSIVE QUESTIONS &
VERIFIED CORRECT ANSWERS
PASSED 100%
Once a Property Asset Type is selected it cannot be changed T/F? - Correct Answer
✔✔ False
The Analysis Begin date defaults to the current Month and Year T/F? - Correct Answer
✔✔ True
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 Answer ✔✔ 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 Answer ✔✔ D
What is the extension of a property asset file in ARGUS Enterprise?
A) .sf
b) .avux
C) .aeex
D) .aeix - Correct Answer ✔✔ 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 Answer ✔✔ D
What should be selected as the 'How Input' method for 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 Answer ✔✔ C
Common Area Maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%.
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
Answer ✔✔ A) $100,000
B) $87,500
[ 100,000 x 50% Fixed] + [100,000 x 50% Variable x 75% Occupied]
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
Answer ✔✔ A) $80,000
B) $80,000
[80,000 x 100% Fixed] + [80,000 x 0% variable x 85% Occupied]
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 and Down
B) Copy to End
C) Copy Column to End
D) Column - Correct Answer ✔✔ C
Market rent is $15.00 / SF / Year in 2020.
What is the Market Rent in 2023 (2021 5% Inf., 2022 5% Inf., 2023 3% Inf.)?
A) 17.17
B) 17.03
C) 17.52
D) 17.81 - Correct Answer ✔✔ B
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.
D) Assumes a 100% renewal. - Correct Answer ✔✔ D
The Upon Expiration field within the Market Leasing profile allows us to select any
overrides for past terms T/F? - Correct Answer ✔✔ False
When you have a one-time increase, or an increase that happens at different
increments or times, utilize the Fixed Steps Unit Column T/F? - Correct Answer ✔✔ B
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS
Enterprise will assume:
A) The space is not available until the start date
B) The space is available, but vacant until the Start Date.
C) The space is occupied until the Start Date
D) None of the Above. - Correct Answer ✔✔ B
The Analysis Start Date is January 2020. A tenant's lease start date is Match 2020. If
we want to show the Lost Absorption / Turnover Rent for this tenant, what would be
entered in the following fields?
Available Date Field: ______
Start Date Field: ______ - Correct Answer ✔✔ Available: Jan 2020
Start: March 2020
The Lost Absorption / Turnover Rent being reported for the months prior to a lease start
will appear on the individual Tenant Cash Flow / LPV report T/F? - Correct Answer ✔✔
False
The General Vacancy calculation frequency can be monthly or annually T/F? - Correct
Answer ✔✔ True
Calculate Utilities expense, using the following assumptions ____.
* Property size = 35,000 SF
* Utilities Expense = $0.15 / SF / Year, 35.0% Fixed
* Occupancy = 80.% - Correct Answer ✔✔ $4,567.50
Assume that 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? ________. - Correct Answer ✔✔ $30,000
