Argus Enterprise Questions and Answers 2023

Argus Enterprise Questions and Answers 2023 T/F Once a property Asset Type is selected it cannot be changed False T/F The Analysis Begin date defaults to the current Month and Year True Which selection 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 Control Panel 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 Analysis What is the extension of a property asset file in ARGUS Enterprise? a. .sf b. . avux c. .aeexx d. .aeix .avux ______ 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 Save Property What should be selected as the 'How Input' method for the 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 % of Other Common Area Maintenance (CAM) is $100,00 and is 50.0% fixed. Occupancy is 75.0% a. What dollar amount should be entered in the Amount1 field? b. What will be the actual expense on the Cash Flow for CAM? a. 100,000 b. ($100,000 50% fixed) + ($100,000 50% variable * 75%) = $50,000 + $37,500 = $87,500 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? a. $80,000 b. ($80,000 100% fixed) + ($80,000 0% variable * 85% occupancy) = $80,000 + $0 = $80,000 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 & Down b. Copy to End c. Copy Column to End d. Column Copy Column to End Review End of Ch. 3 Screenshot questions ... 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. assumes a 100% renewal T/F The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past terms. False T/F When you have a one-time increase, or an increase that happens at different increments or times, utilize the Fixed Steps Unit column. False 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 The space is available, but vacant until the Start Date The Analysis Start Date is January 2020. A tenant's lease start date is March 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:_________ Available: January 2020 Start: March 2020 T/F 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. False Review End of Chapter 4 Screenshot Questions ... The % of Total Rental Revenue method is caculated by taking the Scheduled Base Rent + _________. CPI increases T/F The General Vacancy calculation frequency can be monthly or annually. True Calculate the Utilities expense, using the following assumptions: Property Size = 35,000 SF Utilities Expense = $0.15 / SF / Year, 35% fixed Occupancy = 80% (35,000 0.15 35%) + (35,000 0.15 65% * 80%) =$4,567.50 Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the property is 70%. What value should be entered in the Amount1 field in the Operating tab? $30,000 Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the property is 70%. What is the operating expense amount that will appear on the Cash Flow report. (30,000 60%) + (30,000 40% * 70%) =$26,400 Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the property is 70% and reimbursable expenses are grossed up to 100%. What is the operating expense amount that will appear on the Cash Flow report? (30,000 60%) + (30,000 40% * 70%) =$26,400 Review end of chapter 5 screenshot questions ... T/F 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. True When including Free Rent in the Leasing Commission calculation, is it ADDED or SUBTRACTED within the formula. Subtracted