Argus Certification Exam, Argus
Certification Practice Test, ARGUS
Certification Exam
______________________ is utilized in retail homes where tenants are anticipated to pay a
percentage of their sales to the property 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 amount of the price ( or sales) that is based on
occupancy
% of Line - ANS-Misc revenue; the lets in the sales to be based on a percent of other items
in the belongings
$ Amount - ANS-Misc. Revenue; interpreted as a full charge quantity
$/Area - ANS-Misc. Revenue; improved with the aid of the place degree decided on within
the vicinity column
Absorption Months v. Months Between Leases - ANS-Input one, AE will calculate the
opposite
After changing the modeling policy for Gross Ups, any Recovery Structure already created
will default to the Gross Up percentage within the Modeling Policies window. - ANS-False
All entries that start with a "relative" start date will be relative to which date? - ANS-Analysis
Start Date
All of the following are options for exporting Portfolio Level Reporting besides:
a) Excel
b) Tiff
c) PDF
d) HTML - ANS-d) HTML
Analysis of as much as (xx) years may be performed - ANS-forty
Analysis Start Date - ANS-Sets the date at which ARGUS Valuation - DCF calculations will
occur. For example, month 6 is relative to the evaluation start date (now not Reporting Start
Date)
Apply Rate to following yr earnings (Property Resale) - ANS-Resale proceeds might be
calculated the usage of the subsequent 12 months of the analysis
ARGUS Alerts - ANS-Login to the ARGUS internet site to receive instantaneous signals,
information, and different records
Assuming one hundred% occupancy, calculate the Vending Machine sales in Year 1 of the
evaluation. - ANS-$thirteen,000
Assuming a zero% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation. - ANS-$zero
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation (sales is $13,000 with fixed percentage of 0%). - ANS-$7,800 (.6*13000)
, Assuming a sale date of December 2020, what's going to be the internet proceeds from sale
if we've got a resale calculation that capitalises the NOI of the sale 12 months? - ANS-(202
NOI / 10% Cap Rate)*(1.0 - 3% adjustment)
Assuming a sale date of December 2020, what will be the internet proceeds from sale if
we've a resale calculation that capitalizes the NOI three hundred and sixty five days after
sale? - ANS-(2021 NOI / 10% Cap Rate)*(1.Zero - three% adjustment)
Base Stop - ANS-Typically 1 12 months and in Office areas
Base Year Stop - ANS-All recoverable prices are paid with the aid of the tenant based totally
on their proportionate percentage of the building place over a forestall amount, that's the
quantity of annual recoverable fees within the base 12 months, or first 12 months, of the hire
calculated by using the gadget. If the tenant's hire starts previous to the evaluation start date
and also you choose Base Year Stop, the calculated prevent will use all reimbursable
charges within the first 12 months of the evaluation.
Base Year Stop -1 - ANS-Expense forestall may be set up through the quantity of
recoverable charges within the recovery year previous to year the hire starts offevolved. If
you pick this method and the hire begins earlier than the evaluation, the price prevent could
be set inside the same way as the prevailing base year prevent recuperation approach. If
you choose this method and the lease begins in the course of the first evaluation 12 months
yet after the start of the second one recovery 12 months, the expense forestall can be set up
by way of the recoverable fees that arise within the first recuperation 12 months.
Base Year Stop +1 - ANS-Expense prevent may be established by using the quantity of
recoverable fees in the recovery yr following the yr the hire starts. Note if you select this
method and the lease yr is earlier than the evaluation start date, but inside the first
restoration 12 months, then the expense prevent might be set to identical the recoveries
from the second one healing 12 months. If you pick this technique and the hire 12 months is
before the analysis start date and previous to the begin of the first recuperation year, then
the rate prevent might be set inside the identical manner as the prevailing base 12 months
forestall.
Breakpoint - ANS-The sales quantity which need to be carried out prior to the fee of any
percentage lease.
By default, ARGUS Enterprise calculates loans on a 12 month foundation (T/F) - ANS-True
Calculate Resale for All Years (Property Resale) - ANS-Calculate and display proceeds for
every evaluation 12 months (for reporting functions)
Calculate the General Vacancy Loss the use of 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 12 months of the evaluation
Cap Period: Year Starting in Month x - ANS-select a specific month within the 12 month
period
Cap Rate Matrix - ANS-Allows your to input a variety of Cap Rates so as to calculate various
PVs in a Cap Rate Matrix Report
Capital Expenditures - ANS-Not taken into consideration part of a assets's NOI and seem
under the profits line at the CF inside the Capital Costs segment
Capitalization Period: Year One - ANS-Use the primary calendar 12 months of the evaluation
length
Capitalize NOI - ANS-Divides the NOI within the very last analysis 12 months by using the
cap fee
Certification Practice Test, ARGUS
Certification Exam
______________________ is utilized in retail homes where tenants are anticipated to pay a
percentage of their sales to the property 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 amount of the price ( or sales) that is based on
occupancy
% of Line - ANS-Misc revenue; the lets in the sales to be based on a percent of other items
in the belongings
$ Amount - ANS-Misc. Revenue; interpreted as a full charge quantity
$/Area - ANS-Misc. Revenue; improved with the aid of the place degree decided on within
the vicinity column
Absorption Months v. Months Between Leases - ANS-Input one, AE will calculate the
opposite
After changing the modeling policy for Gross Ups, any Recovery Structure already created
will default to the Gross Up percentage within the Modeling Policies window. - ANS-False
All entries that start with a "relative" start date will be relative to which date? - ANS-Analysis
Start Date
All of the following are options for exporting Portfolio Level Reporting besides:
a) Excel
b) Tiff
c) PDF
d) HTML - ANS-d) HTML
Analysis of as much as (xx) years may be performed - ANS-forty
Analysis Start Date - ANS-Sets the date at which ARGUS Valuation - DCF calculations will
occur. For example, month 6 is relative to the evaluation start date (now not Reporting Start
Date)
Apply Rate to following yr earnings (Property Resale) - ANS-Resale proceeds might be
calculated the usage of the subsequent 12 months of the analysis
ARGUS Alerts - ANS-Login to the ARGUS internet site to receive instantaneous signals,
information, and different records
Assuming one hundred% occupancy, calculate the Vending Machine sales in Year 1 of the
evaluation. - ANS-$thirteen,000
Assuming a zero% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation. - ANS-$zero
Assuming a 60% occupancy, calculate the Vending Machine revenue in Year 1 of the
evaluation (sales is $13,000 with fixed percentage of 0%). - ANS-$7,800 (.6*13000)
, Assuming a sale date of December 2020, what's going to be the internet proceeds from sale
if we've got a resale calculation that capitalises the NOI of the sale 12 months? - ANS-(202
NOI / 10% Cap Rate)*(1.0 - 3% adjustment)
Assuming a sale date of December 2020, what will be the internet proceeds from sale if
we've a resale calculation that capitalizes the NOI three hundred and sixty five days after
sale? - ANS-(2021 NOI / 10% Cap Rate)*(1.Zero - three% adjustment)
Base Stop - ANS-Typically 1 12 months and in Office areas
Base Year Stop - ANS-All recoverable prices are paid with the aid of the tenant based totally
on their proportionate percentage of the building place over a forestall amount, that's the
quantity of annual recoverable fees within the base 12 months, or first 12 months, of the hire
calculated by using the gadget. If the tenant's hire starts previous to the evaluation start date
and also you choose Base Year Stop, the calculated prevent will use all reimbursable
charges within the first 12 months of the evaluation.
Base Year Stop -1 - ANS-Expense forestall may be set up through the quantity of
recoverable charges within the recovery year previous to year the hire starts offevolved. If
you pick this method and the hire begins earlier than the evaluation, the price prevent could
be set inside the same way as the prevailing base year prevent recuperation approach. If
you choose this method and the lease begins in the course of the first evaluation 12 months
yet after the start of the second one recovery 12 months, the expense forestall can be set up
by way of the recoverable fees that arise within the first recuperation 12 months.
Base Year Stop +1 - ANS-Expense prevent may be established by using the quantity of
recoverable fees in the recovery yr following the yr the hire starts. Note if you select this
method and the lease yr is earlier than the evaluation start date, but inside the first
restoration 12 months, then the expense prevent might be set to identical the recoveries
from the second one healing 12 months. If you pick this technique and the hire 12 months is
before the analysis start date and previous to the begin of the first recuperation year, then
the rate prevent might be set inside the identical manner as the prevailing base 12 months
forestall.
Breakpoint - ANS-The sales quantity which need to be carried out prior to the fee of any
percentage lease.
By default, ARGUS Enterprise calculates loans on a 12 month foundation (T/F) - ANS-True
Calculate Resale for All Years (Property Resale) - ANS-Calculate and display proceeds for
every evaluation 12 months (for reporting functions)
Calculate the General Vacancy Loss the use of 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 12 months of the evaluation
Cap Period: Year Starting in Month x - ANS-select a specific month within the 12 month
period
Cap Rate Matrix - ANS-Allows your to input a variety of Cap Rates so as to calculate various
PVs in a Cap Rate Matrix Report
Capital Expenditures - ANS-Not taken into consideration part of a assets's NOI and seem
under the profits line at the CF inside the Capital Costs segment
Capitalization Period: Year One - ANS-Use the primary calendar 12 months of the evaluation
length
Capitalize NOI - ANS-Divides the NOI within the very last analysis 12 months by using the
cap fee
