ARGUS COMPREHENSIVE QUESTIONS
WITH VERIFIED SOLUTIONS AND
PRACTICE NOTES
●● 2. Which of the following is NOT a level offered within the Charts of
Accounts section? a. Header b. Account c. Sub-Account d. Detail
Answer: c. Sub-Account
●● 3. Which of the following is NOT a Classification type in AE? a.
System b. Property c. Region d. Tenant
Answer: c. Region
●● 4. Users in ARGUS Enterprise can have permissions assigned to
them at the Portfolio, Scenario, and Property Level. a. True b. False
Answer: a. True
●● 5. Which General Vacancy calculation is found by adding the Total
Tenant Revenue Total Other Income? a. Annual Amount b % of Potential
Gross Revenue c . % Total Rental Revenue d . % of Total Tenant
Revenue
Answer:
,●● 5. Which General Vacancy calculation is found by adding the Total
Tenant Revenue Total Other Income? a. Annual Amount b . % of
Potential Gross Revenue c . % Total Rental Revenue d . % of Total
Tenant Revenue
Answer: a. Annual Amount
●● 6. Both Positive and Negative inflation rates can be entered into
ARGUS Enterprise. a. True b. False
Answer: a. True
●● 7. What is the extension of a property asset file in ARGUS Enterprise
a. .sf b. aeix c. PISCES d. .avux
Answer: d. .avux
●● 8. Which Valuation tab's primary purpose is to determine the current
value of the property? a. Assumptions b. Direct Capitalization c.
Property Resale d. Present Value
Answer: b. Direct Capitalization
●● Enterprise. 9. It is possible to have multiple Property Resale
Calculations active for a single property. a. True b. False
Answer: b. False
,●● 10. Calculate the Property Resale Value of a building with Analysis
Length: 5 Years Calc Method: CAP NOI (12 Months After Sale) Cap
Rate 5.00 % Year 6 NO: $1,000,000 Year 5 NOI: $750,000 a. $37,500 b.
$50,000 c. $15,000,000 d. $20,000,000
Answer: d. $20,000,000
●● 11. Only one (1) debt note can be entered into ARGUS Enterprise a.
True b. False
Answer: b. False
●● 12. If the analysis is 10 years long and you have a 30-year debt note,
when will it balloon? a. 10 Years b. 11 Years c. 15 Years d. 30 Years
Answer: a. 10 Years
●● 13. When calculating a Market Leasing profile with the Upon
Expiration set to Vacate, ARGUS Enterprise will a . Assume a 0.0 %
renewal probability b . Assume a 100.0 % renewal probability c. Assume
the space goes dark and reabsorbs the area d. Ignores the Market Leasing
profile and inserts a new Contract lease line
Answer: a . Assume a 0.0 % renewal probability
●● 14. Which of the following Upon Expiration is described by the
following definition: Renewals will be processed based on the renewal
probability in the Market Leasing profile (weighted average calculations
of new and renewal rates for market rents, tenant improvements, leasing
commissions, etc.). a. Market b. Renew c. Option d. Month to Month
, Answer: a. Market
●● 15 , with a 60.0 % Renewal Probability , what Tenant improvement
rate will be calculated if a tenant rolls to Market in the first year of the
analysis and New TI Rates are $20.00/SF and Renewal TI Rates are
$10.00/SF? a. $10.00/SF b. $14.00/SF c. $15.00/SF d. $20.00/SF
Answer: b. $14.00/SF
●● 16. Calculate the Market Rent Rate in Year 2 using the following
information for a tenant that is set to "Renew" in the Upon Expiration
field: Renewal Probability 50.0 % Market Inflation Rate 5.0 % New
Market Rent (Year 1): $100.00/SF/Year Renewal Market Rent (Year 1):
$75.00/SF/Year a. $75.00/SF/Year b. $78.75/SF/Year c. $87.50/SF/Year
d. $91.88/SF/Year
Answer: b. $78.75/SF/Year
●● 7. If a Tenant's Upon Expiration is set to Month to Month, how many
months of downtime will appear on the Tenant Cash Flow? a. 0 Months
c. The blended average of the Months Vacant entered into the assigned
Market Leasing profile b. The number of Months Vacant entered into the
assigned Market Leasing profile
Answer: a. 0 Months
●● downtime will occur if a tenant was set to Market upon rollover? 8.
The weighted average is 6.4 for the Months Vacant in a Market Leasing
WITH VERIFIED SOLUTIONS AND
PRACTICE NOTES
●● 2. Which of the following is NOT a level offered within the Charts of
Accounts section? a. Header b. Account c. Sub-Account d. Detail
Answer: c. Sub-Account
●● 3. Which of the following is NOT a Classification type in AE? a.
System b. Property c. Region d. Tenant
Answer: c. Region
●● 4. Users in ARGUS Enterprise can have permissions assigned to
them at the Portfolio, Scenario, and Property Level. a. True b. False
Answer: a. True
●● 5. Which General Vacancy calculation is found by adding the Total
Tenant Revenue Total Other Income? a. Annual Amount b % of Potential
Gross Revenue c . % Total Rental Revenue d . % of Total Tenant
Revenue
Answer:
,●● 5. Which General Vacancy calculation is found by adding the Total
Tenant Revenue Total Other Income? a. Annual Amount b . % of
Potential Gross Revenue c . % Total Rental Revenue d . % of Total
Tenant Revenue
Answer: a. Annual Amount
●● 6. Both Positive and Negative inflation rates can be entered into
ARGUS Enterprise. a. True b. False
Answer: a. True
●● 7. What is the extension of a property asset file in ARGUS Enterprise
a. .sf b. aeix c. PISCES d. .avux
Answer: d. .avux
●● 8. Which Valuation tab's primary purpose is to determine the current
value of the property? a. Assumptions b. Direct Capitalization c.
Property Resale d. Present Value
Answer: b. Direct Capitalization
●● Enterprise. 9. It is possible to have multiple Property Resale
Calculations active for a single property. a. True b. False
Answer: b. False
,●● 10. Calculate the Property Resale Value of a building with Analysis
Length: 5 Years Calc Method: CAP NOI (12 Months After Sale) Cap
Rate 5.00 % Year 6 NO: $1,000,000 Year 5 NOI: $750,000 a. $37,500 b.
$50,000 c. $15,000,000 d. $20,000,000
Answer: d. $20,000,000
●● 11. Only one (1) debt note can be entered into ARGUS Enterprise a.
True b. False
Answer: b. False
●● 12. If the analysis is 10 years long and you have a 30-year debt note,
when will it balloon? a. 10 Years b. 11 Years c. 15 Years d. 30 Years
Answer: a. 10 Years
●● 13. When calculating a Market Leasing profile with the Upon
Expiration set to Vacate, ARGUS Enterprise will a . Assume a 0.0 %
renewal probability b . Assume a 100.0 % renewal probability c. Assume
the space goes dark and reabsorbs the area d. Ignores the Market Leasing
profile and inserts a new Contract lease line
Answer: a . Assume a 0.0 % renewal probability
●● 14. Which of the following Upon Expiration is described by the
following definition: Renewals will be processed based on the renewal
probability in the Market Leasing profile (weighted average calculations
of new and renewal rates for market rents, tenant improvements, leasing
commissions, etc.). a. Market b. Renew c. Option d. Month to Month
, Answer: a. Market
●● 15 , with a 60.0 % Renewal Probability , what Tenant improvement
rate will be calculated if a tenant rolls to Market in the first year of the
analysis and New TI Rates are $20.00/SF and Renewal TI Rates are
$10.00/SF? a. $10.00/SF b. $14.00/SF c. $15.00/SF d. $20.00/SF
Answer: b. $14.00/SF
●● 16. Calculate the Market Rent Rate in Year 2 using the following
information for a tenant that is set to "Renew" in the Upon Expiration
field: Renewal Probability 50.0 % Market Inflation Rate 5.0 % New
Market Rent (Year 1): $100.00/SF/Year Renewal Market Rent (Year 1):
$75.00/SF/Year a. $75.00/SF/Year b. $78.75/SF/Year c. $87.50/SF/Year
d. $91.88/SF/Year
Answer: b. $78.75/SF/Year
●● 7. If a Tenant's Upon Expiration is set to Month to Month, how many
months of downtime will appear on the Tenant Cash Flow? a. 0 Months
c. The blended average of the Months Vacant entered into the assigned
Market Leasing profile b. The number of Months Vacant entered into the
assigned Market Leasing profile
Answer: a. 0 Months
●● downtime will occur if a tenant was set to Market upon rollover? 8.
The weighted average is 6.4 for the Months Vacant in a Market Leasing
