ARGUS Prep Exam Multiple Choice
To indicate that an expense should not be included in the cash flow projection nor used in the
calculation of the NOI select the ___________ option - Answer-Reference only
_________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario
information contained within the ARGUS Data Warehouse - Answer-Portfolio Level Reporting
______ allows us to track who has been in the asset and what changes have been made to that asset -
Answer-Audit Log
Which of the following reports can be accessed by clicking Property Reports? Check all that apply. -
Answer-Executive Summary, Budget Comparison, Cash Flow
Users can define a varying building area over time by clicking the Building Area ellipsis - Answer-True
Which of the following is a purpose for a Market Leasing profile? - Answer-1. To apply leasing
assumptions to a tenant area when the current lease for that space expires
2. Speculative leasing or Space Absorption, or vacant space
Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the investment tab -
Answer-Other Debt
, Intelligent Renewals are used to specify that tenant leases be renewed using ___________. Check all
that apply - Answer-1. Last Month's Rent Rate
2. Contract Rate
3. Weighted Market Renewal Rate
4. Market Rent in a different Market Leasing profile
Calculate the Operating Expense shown on the Cash Flow from the following assumptions:
Expense amount: $0.45/SF/Year
Property Size: 65,000 SF
% Fixed: 45%
Occupancy: 82% - Answer-$26,354
A portfolio may have _____ chart of accounts applied at a time - Answer-One
Non-operating expenses will fall below the net operating income line on the cash flow - Answer-True
For a tenant to pay a specific amount for an expense, select the __________ Recovery Method -
Answer-Fixed Amount
The __________ allows users to upload numerous files and URLs to centralize the location of property
documents - Answer-Attachments Tab
When will the CPI Increase be applied to a tenant when the selected method is "Each Lease
Anniversary"? - Answer-At the beginning of each lease year starting in the second year
To indicate that an expense should not be included in the cash flow projection nor used in the
calculation of the NOI select the ___________ option - Answer-Reference only
_________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario
information contained within the ARGUS Data Warehouse - Answer-Portfolio Level Reporting
______ allows us to track who has been in the asset and what changes have been made to that asset -
Answer-Audit Log
Which of the following reports can be accessed by clicking Property Reports? Check all that apply. -
Answer-Executive Summary, Budget Comparison, Cash Flow
Users can define a varying building area over time by clicking the Building Area ellipsis - Answer-True
Which of the following is a purpose for a Market Leasing profile? - Answer-1. To apply leasing
assumptions to a tenant area when the current lease for that space expires
2. Speculative leasing or Space Absorption, or vacant space
Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the investment tab -
Answer-Other Debt
, Intelligent Renewals are used to specify that tenant leases be renewed using ___________. Check all
that apply - Answer-1. Last Month's Rent Rate
2. Contract Rate
3. Weighted Market Renewal Rate
4. Market Rent in a different Market Leasing profile
Calculate the Operating Expense shown on the Cash Flow from the following assumptions:
Expense amount: $0.45/SF/Year
Property Size: 65,000 SF
% Fixed: 45%
Occupancy: 82% - Answer-$26,354
A portfolio may have _____ chart of accounts applied at a time - Answer-One
Non-operating expenses will fall below the net operating income line on the cash flow - Answer-True
For a tenant to pay a specific amount for an expense, select the __________ Recovery Method -
Answer-Fixed Amount
The __________ allows users to upload numerous files and URLs to centralize the location of property
documents - Answer-Attachments Tab
When will the CPI Increase be applied to a tenant when the selected method is "Each Lease
Anniversary"? - Answer-At the beginning of each lease year starting in the second year