Exam Questions and CORRECT Answers
Once a Property Asset Type is selected it cannot be changed
a. True
b. False - CORRECT ANSWER - b. False
The Analysis Begin date defaults to the current Month and Year
a. True
b. False - CORRECT ANSWER - a. True
Which section of 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 - d. Control Panel
Which of the Portfolio Application Tabs is this? 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 - d. Analysis
,What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix - CORRECT ANSWER - b. .avux
__________ saves the updates to the property asset model to the database. If a calculation has
been performed, it also saves the latest calculations.
a. Refresh
b. Save Property to File
c. Check In/Out Property
d. Save Property - CORRECT ANSWER - d. 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 - c. % of Other
Common Area Maintenance (CAM) is $100,000 and is 50% Fixed. Occupancy is 75%.
a. What $ amount should be entered in the Amount 1 field?
b. What will be the actual expense on the Cash Flow for CAM? - CORRECT ANSWER -
a. $100,000
b. $87,500
,Insurance is $80,000 and is 100% Fixed. Occupancy is 85%.
a. What $ amount should be entered in the Amount 1 field?
b. What will be the actual expense on the Cash Flow for Insurance? - CORRECT
ANSWER - a. $80,000
b. $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 Amount 1 Varies window?
a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column - CORRECT ANSWER - c. Copy Column to End
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 - d. Assumes a 100% renewal
The Upon Expiration field within the Market Leasing profile allows us to select any overrides for
past terms
a. True
b. False - CORRECT ANSWER - b. False
, When you have a one-time increase that happens at different increments or times, utilize the
Fixed Steps Unit Column
a. True
b. False - CORRECT ANSWER - b. 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
d. None of the above - CORRECT ANSWER - b. The space is available, but vacant until
the Start Date
The Analysis Start Date is January 2020. A tenant's lease start date is March 2020. If we want to
show the Lost Absorption/Turnover Rent for this tenant, what would be entered in the following
fields?
Available Start field: ___________
Start Date field: ___________ - CORRECT ANSWER - January 2020
March 2020
The Lost Absorption/Turnover Rent being reported for the months prior to a lease start will
appear on the individual Tenant Cash Flow/LPV report.
a. True
b. False - CORRECT ANSWER - b. False