ARGUS CHAPTER TEST QUESTIONS WITH
ACCURATE ANSWERS
Once a property asset type is selected it cannot be changed - ANSWER False
The Analysis Start date will default to the current year and month - ANSWER
True
What option in the Navigation Pane allows users to change a variety of different
settings from user management to data import validation rules to report
settings? - ANSWER Control Panel
Which of the portfolio application tabs is best described by the following
definition? The application allows users to define and show analytical charts
and graphs based on a portfolio property combination? - ANSWER Analysis
What is the file extension of a property file in ARGUS Enterprise? -
ANSWER.avux
________________ saves the property asset model changes to the database. If a
calculation has been performed, it also saves the latest calculation results. -
ANSWER Save Property
What needs to be selected as the 'How Input' method for the expense revenue to
be calculated as a percentage of other cash flow items in the property? -
ANSWER % of Other
Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy
is 75%.
a. What dollar amount should be entered in the Amount 1 Field?
b. What is the Cash Flow actual expense for CAM? - ANSWER a. $100,000
, b. [(100,000x50% Fixed)+($100,000x50% Variable*75% Occupied)] =
$87,5000
Insurance is $80,000 and is 100% fixed. Occupancy is 85%
a. What dollar amount should be entered in the Amount 1 Field?
b. What is the Cash Flow for Insurance actual cost? - ANSWER a. $80,000
b. $80,000
In order to copy a value in a specific month of each year of the project for a
specific cost, you must click on which button in the Amount 1 varies window? -
ANSWER Copy column to end
Market rent is $15.00 / SF/ Year in 2020, market inflation rates in 2021 and
2022 are 5% and 2023 - 2025 is 3%. What is Market Rent in 2023? - ANSWER
$17.03
In calculating a Market Leasing Profile with the upon expiration set to Renewal,
Enterprise _________________ - ANSWER Assumes 100% renewal
The Upon Expiration field in the market leasing profile allows us to select any
override for prior terms. - ANSWER True
If you are having a single increase, or an increase that happens at different
increments or periods, utilize the Fixed Steps Unit column - ANSWER False
When entering in an Available Date prior to the Start Date in the Rent Roll,
ARGUS Enterprise will make the assumption - ANSWER The space is vacant
but available through the start date.
The Analysis Start Date is January 2020. The start date of the lease for a tenant
is March 2020. If we want to show the Lost Absorption / Turnover rent for this
tenant, what would be entered in the fields below?
Available Date: _____________________
Start Date: ______________________ - ANSWER 1/1/2020
ACCURATE ANSWERS
Once a property asset type is selected it cannot be changed - ANSWER False
The Analysis Start date will default to the current year and month - ANSWER
True
What option in the Navigation Pane allows users to change a variety of different
settings from user management to data import validation rules to report
settings? - ANSWER Control Panel
Which of the portfolio application tabs is best described by the following
definition? The application allows users to define and show analytical charts
and graphs based on a portfolio property combination? - ANSWER Analysis
What is the file extension of a property file in ARGUS Enterprise? -
ANSWER.avux
________________ saves the property asset model changes to the database. If a
calculation has been performed, it also saves the latest calculation results. -
ANSWER Save Property
What needs to be selected as the 'How Input' method for the expense revenue to
be calculated as a percentage of other cash flow items in the property? -
ANSWER % of Other
Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy
is 75%.
a. What dollar amount should be entered in the Amount 1 Field?
b. What is the Cash Flow actual expense for CAM? - ANSWER a. $100,000
, b. [(100,000x50% Fixed)+($100,000x50% Variable*75% Occupied)] =
$87,5000
Insurance is $80,000 and is 100% fixed. Occupancy is 85%
a. What dollar amount should be entered in the Amount 1 Field?
b. What is the Cash Flow for Insurance actual cost? - ANSWER a. $80,000
b. $80,000
In order to copy a value in a specific month of each year of the project for a
specific cost, you must click on which button in the Amount 1 varies window? -
ANSWER Copy column to end
Market rent is $15.00 / SF/ Year in 2020, market inflation rates in 2021 and
2022 are 5% and 2023 - 2025 is 3%. What is Market Rent in 2023? - ANSWER
$17.03
In calculating a Market Leasing Profile with the upon expiration set to Renewal,
Enterprise _________________ - ANSWER Assumes 100% renewal
The Upon Expiration field in the market leasing profile allows us to select any
override for prior terms. - ANSWER True
If you are having a single increase, or an increase that happens at different
increments or periods, utilize the Fixed Steps Unit column - ANSWER False
When entering in an Available Date prior to the Start Date in the Rent Roll,
ARGUS Enterprise will make the assumption - ANSWER The space is vacant
but available through the start date.
The Analysis Start Date is January 2020. The start date of the lease for a tenant
is March 2020. If we want to show the Lost Absorption / Turnover rent for this
tenant, what would be entered in the fields below?
Available Date: _____________________
Start Date: ______________________ - ANSWER 1/1/2020
