Argus Certification questions and answers well illustrated.

Argus Certification questions and answers
well illustrated.


Once a property asset type is selected it cannot be changed. (T/F) - correct
answers.False

The analysis begin date defaults to the current month and year. (T/F) - correct
answers.Tru
e

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?
a. Portfolio Details
b. Scenerios
c. Reports.
d. Analysiscorrect answers.d. Analysis

What should b selected as the 'How Input' method for the revenue or expense to be
based on a percentage of other cash flow items in the property? a. Amount 1
b. Sub-lines
c. % of other
d. Currency Amount/Vacant Areacorrect answers.c. % of other

CAM is $100,000 and is 50% fixed. Occupancy is 75%. What will be the actual expense
on the Cash Flow for CAM?correct answers.{(100,000 x 50% fixed) + ($100,000 x
50% variable x 75% occupied)}
= 87,500

Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What will be the actual
expense on the Cash Flow for Insurance?correct answers.{(80,000 x 100% fixed) +
(80,000 x 0% variable x 85% occupied)}
= 80,000

, 2To replicate a value in a specific month of each year during the project for a specific expen
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2


se, you must click which button in the Amount1 Varies window?
2 2 2 2 2 2 2 2 2 2 22


a,. Copy Across & Down b.
2 2 2 2 22 2


Copy to End 2 2 22


c. Copy to Column to End 2 2 2 2 22


d. Columncorrect answers.c. Copy Column to End 2 2 2 2 2 2
2


The Active field allows a user to enable or disable a tenant as a reference record. Yes is
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2


included in the calculation, no is excludedcorrect answers.Key Concept
2
2 2 2 2 2 2 2 2
2


Leasing Commission Calculationcorrect answers.LC = [((Base Rent + Step Rent -
2 2 2 2 2 2 2 2 2 2


Free Rent) x YR1 LC%) +(Base Rent + Step Rent - Free Rent) x YR2 LC%) +...
2
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
2


The default entry of 100% in the improvements/
2 2 2 2 2 2 2


commissions timing field indicates that the entire improvements/ 2 2 2 2 2 2 2


commissions payment should occur in month one of the lease. However, the amount can b
2 2 2 2 2 2 2 2 2 2 2 2 2 2


e distributed across the lease term by entering the percentage to be paid each month.corre
2 2 2 2 2 2 2 2 2 2 2 2 2 2


ct answers.Key Concept
2 2 2
2


To access the Rent Roll screen when the Input window is activated, use the shortcut
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2


key Ctrl + Rcorrect answers.Key Concept
2
2 2 2 2 2
2


Blended Market Calculationcorrect answers.New x (%) + Renew x (%) = Blended
2 2 2 2 2 2 2 2 2 2 2 2


Marke
2




t
2


Months vacant will display as 1.5 months in the Assumptions Report, but AE will round
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2


up/down to the nearest whole month for actual downtime.correct answers.Key
2 2 2 2 2 2 2 2 2 2


Concept
2


2


When calculating a Market Leasing profile with the Upon Expiration set to Renew, E
2 2 2 2 2 2 2 2 2 2 2 2 2


nterprise _____________. a. Assumes a 0% renewal 2 22 2 2 2 2 22


b. Takes a weighted average 2 2 2 22


c. Assumes the space goes dark 2 2 2 2 22


d. Assumes a 100% renewalcorrect answers.Assumes a 100% renewal 2 2 2 2 2 2 2 2
2


The upon expiration field within the Market Leasing profile allows us to select any
2 2 2 2 2 2 2 2 2 2 2 2 2 2


overides for the past terms. (T/F)correct answers.False
2
2 2 2 2 2 2
2


Tenants can have Base, Step, Rent Review and or Outstanding Review increases
2 2 2 2 2 2 2 2 2 2 2 2


applied in the Rental Income tab.correct answers.Key Concept
2
2 2 2 2 2 2 2
2


Fixed steps should only be entered in this field if the steps is to occur every lease anniversa
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2


ry at the same step amount. Any variation from that needs to be entered in the Rent Sched
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2


ule by clicking Base Rent ellipsis.correct answers.Key Concept
2 2 2 2 2 2 2 2
2


When entering an amount n the Months Vacant Overide field, there will be no blending bas
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2


ed upon renewal probability. Argus Enterprise will return to using the entry in the Months V
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2