ARGUS Enterprise ACTUAL Exam Questions and CORRECT Answers

ARGUS Enterprise ACTUAL Exam
Questions and CORRECT Answers
1. How much Real Estate Taxes are being recovered from Tenant 3? - CORRECT
ANSWER - -15,000
-15,000 + Inflation***
-cannot be determined


2. Which of the following is considered a primary use for XL4ADW? - CORRECT
ANSWER - -Custom queries of results data***
-Import of new models and data***
-Modify modeling data in AE***
-Review modeling data in AE***


3. Which of the following Portfolio Level Reports allows you to display which tenants are
expiring during a given year? - CORRECT ANSWER - -Lease Expiration ***
-Rent Roll - Current
-Top Tenants
-Rent Roll - Presentation


4. When setting up a Market Leasing profile, the Renewal Market Rent field will default to New
Market Rent field entry? - CORRECT ANSWER - T/F True


5. What is the default Discount Interval for the Present Value calculation? - CORRECT
ANSWER - -Monthly
-Annual ***
-Semi-Annual
-Quarterly

, 6. What is the calculation for the Net Breakpoint for Percentage Rent? - CORRECT
ANSWER - -Volume - Chargeable Sale
-Base Rent / Sales Percentage***
-Base Rent x Sales Percentage
-Chargeable Sales x Sales Percentage


7. Which of the following reports can be accessed by click Property Reports? Check all that
apply - CORRECT ANSWER - -Property Resale
-Cash Flow***
-Budget Comparison***
-Executive Summary***


8. What is the size of the last lease created? - CORRECT ANSWER - -4,000 SF
-2,400 SF
-2,000 SF
-3,000SF***


9. Calculate the Market Rent Rate in Year 2 using the following information for a tenant that is
set to "Renew" in the Upon Expiration field.


Renewal Probability: 50%
Market Inflation: 5%
New Market Rent (Year 1): $50/SF/Year

Renewal Market Rent (Year 1): $25/SF/Year - CORRECT ANSWER - -$25.00/SF/Year
-$26.25/SF/Year
-$39.38/SF/Year ***
-$52.50/SF/Year