ARGUS Enterprise Certification Exam Review Questions | 145 Questions with 100% Correct Answers | Latest Update 2024 | Verified

1- (T/F) Once a property asset type is selected it cannot be changed - False. In the DCF version you cant but in enterprise the asset type CAN be changed after its created 1- (T/F) The analysis begin date defaults to the current month and year - True. and 100 years is the longest analysis period 1- 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? - control panel 1- 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 2- What is the extension of a property asset file in argus enterprise? - .avux 2- ________ saves the updates to the property asset model to the database. If a calculation has been performed, it also saves the latest calculation results - save property (you do this under property view) 2- what should be selected as the 'how input' method for the revenue or expense to be based on a percentage of other cash flow line items in the property? - % of other. example- management fee as % of effective gross revenue 2- Common area maintenance is $100,000 and is 50% fixed. Occupany is 75%. A. What dollar amount should be entered in the amount 1 field? B. What will be the actual expense on the cash flow for CAM? - A. 100,000 B. 87,500 work for B: (expense amount* % fixed) + (expense amount * % variable * % occupied) (100,000 * .5) + (100,000 * .5 * .75) = 87,500 2- 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 2- 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? - copy column to end 3- What is the Market rent in 2025? relevant info from book (pg 47): market rent in 2022 is 15 market inflation rate is 5% in 2023 and 2024, then it is 3% in 2025, 2026 and 2027 - 17.03 3- What is the cpi inflation rate in 2024 relevant info from book (pg 47): market rent in 2022 is 15 cpi inflation rate is shown across the board as 0% - 0.00% 3- When calculating a market leasing profile with the upon expiration set to renew, enterprise ________ - assumes a 100% renewal 3- (T/F) The upon expiration field within the market leasing profile allows us to select any overrides for past terms - False 4- (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 -