ARGUS Enterprise ACTUAL UPDATED
Exam Questions and CORRECT Answers
T/F Once a property Asset Type is selected it cannot be changed - CORRECT ANSWER -
False
T/F The Analysis Begin date defaults to the current Month and Year - CORRECT
ANSWER - True
Which selection 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. Property Portfolios
b. Global Categories
c. Help
d. Control Panel - CORRECT ANSWER - Control Panel
Which of the Portfolio Application Tabs is best described by the following statement? This
application allows users to create and view analytical charts and graphs based on a combination
of properties from the portfolio?
a. Portfolio Details
b. Scenarios
c. Reports
d. Analysis - CORRECT ANSWER - Analysis
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. . avux
c. .aeexx
d. .aeix - CORRECT ANSWER - .avux
,______ saves the updates to the property asset model to the database. If a calculation has been
performed, it also saves the latest calculation results.
a. Refresh
b. Save Property to File
c. Check In/Out Property
d. Save Property - CORRECT ANSWER - Save Property
What should be 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 Area - CORRECT ANSWER - % of Other
Common Area Maintenance (CAM) is $100,00 and is 50.0% fixed. Occupancy is 75.0%
a. What dollar amount should be entered in the Amount1 field?
b. What will be the actual expense on the Cash Flow for CAM? - CORRECT ANSWER -
a. 100,000
b. ($100,000 * 50% fixed) + ($100,000 * 50% variable * 75%)
= $50,000 + $37,500
= $87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%
a. What dollar amount should be entered in the Amount1 field?
b. What will be the actual expense on the Cash Flow for Insurance? - CORRECT
ANSWER - a. $80,000
b. ($80,000 * 100% fixed) + ($80,000 * 0% variable * 85% occupancy)
= $80,000 + $0
, = $80,000
To replicate a value in a specific month of each year during the project for a specific expense,
you must click which button in the Amount1 Varies window?
a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column - CORRECT ANSWER - Copy Column to End
Review End of Ch. 3 Screenshot questions - CORRECT ANSWER -
When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise
______.
a. assumes a 0% renewal.
b. takes a weighted average.
c. assumes the space goes dark.
d. assumes a 100% renewal. - CORRECT ANSWER - assumes a 100% renewal
T/F The Upon Expiration field within the Market Leasing profile allows us to select any
overrides for past terms. - CORRECT ANSWER - False
T/F When you have a one-time increase, or an increase that happens at different increments or
times, utilize the Fixed Steps Unit column. - CORRECT ANSWER - False
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS Enterprise
will assume:
a. The space is not available until the Start Date
b. The space is available, but vacant until the Start Date
c. The space is occupied until the Start Date
Exam Questions and CORRECT Answers
T/F Once a property Asset Type is selected it cannot be changed - CORRECT ANSWER -
False
T/F The Analysis Begin date defaults to the current Month and Year - CORRECT
ANSWER - True
Which selection 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. Property Portfolios
b. Global Categories
c. Help
d. Control Panel - CORRECT ANSWER - Control Panel
Which of the Portfolio Application Tabs is best described by the following statement? This
application allows users to create and view analytical charts and graphs based on a combination
of properties from the portfolio?
a. Portfolio Details
b. Scenarios
c. Reports
d. Analysis - CORRECT ANSWER - Analysis
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. . avux
c. .aeexx
d. .aeix - CORRECT ANSWER - .avux
,______ saves the updates to the property asset model to the database. If a calculation has been
performed, it also saves the latest calculation results.
a. Refresh
b. Save Property to File
c. Check In/Out Property
d. Save Property - CORRECT ANSWER - Save Property
What should be 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 Area - CORRECT ANSWER - % of Other
Common Area Maintenance (CAM) is $100,00 and is 50.0% fixed. Occupancy is 75.0%
a. What dollar amount should be entered in the Amount1 field?
b. What will be the actual expense on the Cash Flow for CAM? - CORRECT ANSWER -
a. 100,000
b. ($100,000 * 50% fixed) + ($100,000 * 50% variable * 75%)
= $50,000 + $37,500
= $87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%
a. What dollar amount should be entered in the Amount1 field?
b. What will be the actual expense on the Cash Flow for Insurance? - CORRECT
ANSWER - a. $80,000
b. ($80,000 * 100% fixed) + ($80,000 * 0% variable * 85% occupancy)
= $80,000 + $0
, = $80,000
To replicate a value in a specific month of each year during the project for a specific expense,
you must click which button in the Amount1 Varies window?
a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column - CORRECT ANSWER - Copy Column to End
Review End of Ch. 3 Screenshot questions - CORRECT ANSWER -
When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise
______.
a. assumes a 0% renewal.
b. takes a weighted average.
c. assumes the space goes dark.
d. assumes a 100% renewal. - CORRECT ANSWER - assumes a 100% renewal
T/F The Upon Expiration field within the Market Leasing profile allows us to select any
overrides for past terms. - CORRECT ANSWER - False
T/F When you have a one-time increase, or an increase that happens at different increments or
times, utilize the Fixed Steps Unit column. - CORRECT ANSWER - False
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS Enterprise
will assume:
a. The space is not available until the Start Date
b. The space is available, but vacant until the Start Date
c. The space is occupied until the Start Date
