with Correct Answers
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.
a. amortize
b. balloon
c. delete
d. Mature - Answer-B
The default formula for leasing commissions is:
a. Base Rent + CPI - step rent
b. base rent + step rent + free rent - CPI
c. base rent + CPI
d. base rent + step rent + CPI - free rent - Answer-D
To indicate that an expense should not be included in the cash flow projection nor used
in the calculation of the NOI, select ______.
a. % of other
b. Ref Acct
c. Memo
d. Reference Only - Answer-D
What will be the actual expense on the Cash Flow for Insurance? - Answer-a. $80,000
b. [($80,000 x 100% Fixed) + ($80,000 x 0% Variable x 85% Occupied)]
[$80,000 + $0]
$80,000
Each time a filter is activated, the formula at the bottom of the screen is updated. To
remove the filter, click the X to the left of the filter formula.
a. True
b. False - Answer-A
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 Amount 1 Varies window?
a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column - Answer-C
General inflation is 3%. Market Rent inflation is 6%. In 2015, Market Rent is $22 per
square foot. What is the Market Rent in 2017.
a. $22.66
, b. $23.32
c. $23.34
d. $24.72 - Answer-D
T or F: The percentage of the expense that is eligible to the recovered can be altered for
the entire property within the expense tab. - Answer-A
What is the default formula for free rent?
a. base rent + CPI
b. base rent + fixed steps + CPI
c. CPI + fixed stepes
d. None of the above - Answer-B
T or F: Months vacant overrides will only affect the first rollover and there will be no
blending based upon the renewal probability. - Answer-A
T or F: The Batch Update icon on the toolbar will update the file with all of the changes
made during sensitivity. - Answer-A
T or F: When creating a sensitivity scenario, changes to individual properties may be
made at the top of the screen. - Answer-B
Different levels of detail can be set for the audit log in which portfolio application tab?
a. properties
b. portfolio deals
c. scenarios
d. audit log - Answer-B
T or F: 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. - Answer-B
To change the report interval setting, click the _______ button.
a. modeling policies
b. reports tab
c. report options
d. input - Answer-C
Which report within repertoire reports will show individual property information that
make up the selected cash flow totals?
a. cash flow
b. dashboard
c. cash flow detail
d. cash flow comparison - Answer-C