Argus Certification Practice Test, ARGUS
Certification Exam
______________________ is used in retail properties where tenants are expected to pay a
percent in their income to the assets owner. - ANS-Percentage Rent
% of Constant - ANS-Misc Revenue; interpreted as a percent of the Amount column.
% of EGR - ANS-Misc. Revenue; percentage of the Effective Gross Income
% of Fixed column - ANS-Determines the quantity of the price ( or sales) this is based on
occupancy
% of Line - ANS-Misc sales; the permits the revenue to be based totally on a percentage of
different gadgets inside the assets
$ Amount - ANS-Misc. Revenue; interpreted as a complete price quantity
$/Area - ANS-Misc. Revenue; increased with the aid of the location degree selected in the
vicinity column
After changing the modeling policy for Gross Ups, any Recovery Structure already created
will default to the Gross Up percent inside the Modeling Policies window. - ANS-False
All entries that begin with a "relative" start date could be relative to which date? -
ANS-Analysis Start Date
All of the following are options for exporting Portfolio Level Reporting except:
a) Excel
b) Tiff
c) PDF
d) HTML - ANS-d) HTML
Analysis of as much as (xx) years can be conducted - ANS-forty
Analysis Start Date - ANS-Sets the date at which ARGUS Valuation - DCF calculations will
arise. For example, month 6 is relative to the evaluation begin date (no longer Reporting
Start Date)
Apply Rate to following yr earnings (Property Resale) - ANS-Resale proceeds can be
calculated the use of the subsequent 12 months of the analysis
ARGUS Alerts - ANS-Login to the ARGUS website to acquire instantaneous alerts, news,
and different statistics
Assuming one hundred% occupancy, calculate the Vending Machine sales in Year 1 of the
analysis. - ANS-$thirteen,000
Assuming a zero% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - ANS-$zero
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation (sales is $thirteen,000 with constant percentage of 0%). - ANS-$7,800 (.6*13000)
Assuming a sale date of December 2020, what is going to be the internet proceeds from sale
if we've a resale calculation that capitalises the NOI of the sale yr? - ANS-(202 NOI / 10%
Cap Rate)*(1.Zero - three% adjustment)
Assuming a sale date of December 2020, what's going to be the net proceeds from sale if
we have a resale calculation that capitalizes the NOI 12 months after sale? - ANS-(2021 NOI
/ 10% Cap Rate)*(1.0 - 3% adjustment)
, Base Stop - ANS-Typically 1 12 months and in Office spaces
Calculate Resale for All Years (Property Resale) - ANS-Calculate and display proceeds for
each analysis yr (for reporting functions)
Calculate the General Vacancy Loss using the subsequent assumptions:
-PGR: $800,000
-ATV: $20,000
-Calculation: five% of PGR - ANS-[(800,000 + 20,0000)*0.05] - $20,000 = $21,000
Cap Period: First 12 Months - ANS-use the first 365 days of the evaluation
Cap Period: Year Starting in Month x - ANS-pick out a specific month in the 12 month
duration
Cap Rate Matrix - ANS-Allows your to enter various Cap Rates so as to calculate a number
of PVs in a Cap Rate Matrix Report
Capital Expenditures - ANS-Not taken into consideration a part of a assets's NOI and seem
beneath the income line at the CF in the Capital Costs phase
Capitalization Period: Year One - ANS-Use the primary calendar year of the evaluation
duration
Capitalize NOI - ANS-Divides the NOI within the final evaluation year by way of the cap rate
Common Reimburment Expenses - ANS-CAM, Taxes, Insurance, Repairs & Maintence
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile terms
b) Utilizes the New Market Leasing profile phrases
c) Inserts a brand new settlement hire into the Rent Roll
d) None of the above - ANS-c) Inserts a brand new settlement lease
Default inflation is? - ANS-0% except modified
Default Lease Type alternatives are: - ANS-Office, Retail, Industrial, Pad Site and Storage
Default unit of Area Measures is? - ANS-Square Feet
Difference among Cap Period Year One and First 12 Months - ANS-Is while the first year of
the analysis is much less than one year (ex: 1/12 - 6/12)
Different degrees of detail may be set for the Audit Log in which Portfolio Application tab? -
ANS-Portfolio Details
Direct Cap Capitalization Options (3) - ANS-Year One, Year Starting in Month, First one year
Direct Capitalization is beneficial for agents because - ANS-they normally determine the
price of the belongings the use of the "going in" cap fee
Executive Dashboard - ANS-Basic summary of all the Year 1 records in an ARGUS
Valuation - DCF document
Formula for the Market Rate Upon Expiration calculations - ANS-[Renewal Mkt% x Renewal
Mkt Numbers] + [New Mkt% + new Mkt Numbers] = Market Rate
Free Rent, by using default, kick in at the beginning of the _________. - ANS-Tenant's Lease
Start Date
Frequency of Reimbursable Expenses can be entered as (x) within the drop down menu -
ANS-Annually, Monthly, Quarterly
Getting Started (Task Pane) - 4 - ANS-Create new files, open latest documents, connect to
ARGUS website, and get admission to a shared place of work online
Gross Proceeds from Sale = (method) - ANS-NOI/Cap Rate
How could you mixture the Direct Capitalization with the Unleveraged Present Value of the
belongings? (ONLY ASIA) - ANS-Select the Calculate a Blended Value (ONLY ASIA)
If 12% is a favored go back, enter 12% in the ________________ figure tab. -
ANS-Valuation
Certification Exam
______________________ is used in retail properties where tenants are expected to pay a
percent in their income to the assets owner. - ANS-Percentage Rent
% of Constant - ANS-Misc Revenue; interpreted as a percent of the Amount column.
% of EGR - ANS-Misc. Revenue; percentage of the Effective Gross Income
% of Fixed column - ANS-Determines the quantity of the price ( or sales) this is based on
occupancy
% of Line - ANS-Misc sales; the permits the revenue to be based totally on a percentage of
different gadgets inside the assets
$ Amount - ANS-Misc. Revenue; interpreted as a complete price quantity
$/Area - ANS-Misc. Revenue; increased with the aid of the location degree selected in the
vicinity column
After changing the modeling policy for Gross Ups, any Recovery Structure already created
will default to the Gross Up percent inside the Modeling Policies window. - ANS-False
All entries that begin with a "relative" start date could be relative to which date? -
ANS-Analysis Start Date
All of the following are options for exporting Portfolio Level Reporting except:
a) Excel
b) Tiff
c) PDF
d) HTML - ANS-d) HTML
Analysis of as much as (xx) years can be conducted - ANS-forty
Analysis Start Date - ANS-Sets the date at which ARGUS Valuation - DCF calculations will
arise. For example, month 6 is relative to the evaluation begin date (no longer Reporting
Start Date)
Apply Rate to following yr earnings (Property Resale) - ANS-Resale proceeds can be
calculated the use of the subsequent 12 months of the analysis
ARGUS Alerts - ANS-Login to the ARGUS website to acquire instantaneous alerts, news,
and different statistics
Assuming one hundred% occupancy, calculate the Vending Machine sales in Year 1 of the
analysis. - ANS-$thirteen,000
Assuming a zero% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - ANS-$zero
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation (sales is $thirteen,000 with constant percentage of 0%). - ANS-$7,800 (.6*13000)
Assuming a sale date of December 2020, what is going to be the internet proceeds from sale
if we've a resale calculation that capitalises the NOI of the sale yr? - ANS-(202 NOI / 10%
Cap Rate)*(1.Zero - three% adjustment)
Assuming a sale date of December 2020, what's going to be the net proceeds from sale if
we have a resale calculation that capitalizes the NOI 12 months after sale? - ANS-(2021 NOI
/ 10% Cap Rate)*(1.0 - 3% adjustment)
, Base Stop - ANS-Typically 1 12 months and in Office spaces
Calculate Resale for All Years (Property Resale) - ANS-Calculate and display proceeds for
each analysis yr (for reporting functions)
Calculate the General Vacancy Loss using the subsequent assumptions:
-PGR: $800,000
-ATV: $20,000
-Calculation: five% of PGR - ANS-[(800,000 + 20,0000)*0.05] - $20,000 = $21,000
Cap Period: First 12 Months - ANS-use the first 365 days of the evaluation
Cap Period: Year Starting in Month x - ANS-pick out a specific month in the 12 month
duration
Cap Rate Matrix - ANS-Allows your to enter various Cap Rates so as to calculate a number
of PVs in a Cap Rate Matrix Report
Capital Expenditures - ANS-Not taken into consideration a part of a assets's NOI and seem
beneath the income line at the CF in the Capital Costs phase
Capitalization Period: Year One - ANS-Use the primary calendar year of the evaluation
duration
Capitalize NOI - ANS-Divides the NOI within the final evaluation year by way of the cap rate
Common Reimburment Expenses - ANS-CAM, Taxes, Insurance, Repairs & Maintence
Contractual Renewal:
a) Utilizes the Renew Market Leasing profile terms
b) Utilizes the New Market Leasing profile phrases
c) Inserts a brand new settlement hire into the Rent Roll
d) None of the above - ANS-c) Inserts a brand new settlement lease
Default inflation is? - ANS-0% except modified
Default Lease Type alternatives are: - ANS-Office, Retail, Industrial, Pad Site and Storage
Default unit of Area Measures is? - ANS-Square Feet
Difference among Cap Period Year One and First 12 Months - ANS-Is while the first year of
the analysis is much less than one year (ex: 1/12 - 6/12)
Different degrees of detail may be set for the Audit Log in which Portfolio Application tab? -
ANS-Portfolio Details
Direct Cap Capitalization Options (3) - ANS-Year One, Year Starting in Month, First one year
Direct Capitalization is beneficial for agents because - ANS-they normally determine the
price of the belongings the use of the "going in" cap fee
Executive Dashboard - ANS-Basic summary of all the Year 1 records in an ARGUS
Valuation - DCF document
Formula for the Market Rate Upon Expiration calculations - ANS-[Renewal Mkt% x Renewal
Mkt Numbers] + [New Mkt% + new Mkt Numbers] = Market Rate
Free Rent, by using default, kick in at the beginning of the _________. - ANS-Tenant's Lease
Start Date
Frequency of Reimbursable Expenses can be entered as (x) within the drop down menu -
ANS-Annually, Monthly, Quarterly
Getting Started (Task Pane) - 4 - ANS-Create new files, open latest documents, connect to
ARGUS website, and get admission to a shared place of work online
Gross Proceeds from Sale = (method) - ANS-NOI/Cap Rate
How could you mixture the Direct Capitalization with the Unleveraged Present Value of the
belongings? (ONLY ASIA) - ANS-Select the Calculate a Blended Value (ONLY ASIA)
If 12% is a favored go back, enter 12% in the ________________ figure tab. -
ANS-Valuation
