Argus Certification ACTUAL UPDATED
Exam Questions and CORRECT Answers
Expense amount on cash flow - CORRECT ANSWER - (Expense Amt x % Fixed) +
(Expense Amt x % Variable x % Occupied)
Reimbursable expenses - CORRECT ANSWER - expenses a property owner will recover
from tenants. Includes CAM, Taxes, Insurance and Repairs
Recent Properties - CORRECT ANSWER - -included in navigation pane
-allows user to see up to 10 most recent Argus files
Global Categories - CORRECT ANSWER - -in navigation pane, includes:
1. Manage Indices
2. Manage Inflation Rates
3. Manage Classifications
4. Manage Currencies
5. Manage Interest Rates
Manage Indices - CORRECT ANSWER - create new inflation indices
Manage Inflation Rates - CORRECT ANSWER - where global inflation rate categories
can be created and later applied at the property level
Manage Classifications - CORRECT ANSWER - manage the definition of the
classification categories
Manage Currencies - CORRECT ANSWER - set the currency
,Manage Interest Rates - CORRECT ANSWER - to set up loan IR and project cash flow
and returns after debt, various interest rates, swaps and refinancing scenarios
Creating New Portfolio - CORRECT ANSWER - any changes made to a portfolio will be
saved. Once the initial portfolio has been created, duplicate that and make changes to the copy
property asset types ___ be changed after a property has been created - CORRECT
ANSWER - can
the Analysis Begin date defaults to - CORRECT ANSWER - the current month and year
Property Asset Information includes - CORRECT ANSWER - Name, Analysis Begin,
Analysis Years, Currency and Address
Portfolio Application Tabs - CORRECT ANSWER -
When a property is first created, it will open in ____ mode - CORRECT ANSWER - Edit
Reports and inputs screens - CORRECT ANSWER - can be viewed at the same time
Save Property - CORRECT ANSWER - saves the updates to the property asset model to
the database. If a calculation has been performed, it will save the latest calculation results. Saves
as .avux extension
Save Property As - CORRECT ANSWER - will save a new version of the selected
property asset
Save Property to File - CORRECT ANSWER - saves an .avux file without saving to the
database
, Check In/Check Out Property - CORRECT ANSWER - use to restrict who can edit them
Discard Changes - CORRECT ANSWER - discards any changes you have made since the
last save
Ground Leases - CORRECT ANSWER - -properties sub tab
to adjust market assumptions for a Ground Lease, model valuation or DCF
Units - CORRECT ANSWER - -properties sub tab
allows user to track inventory, forecast property unit CF's, model renewal scenarios for tenants,
and extract data needed for stacking plans
Actuals - CORRECT ANSWER - where we can import or manually enter actual expenses
incurred by the property
Classifications - CORRECT ANSWER - add classifications to group assets that share
similar values
Inflation Tab - CORRECT ANSWER - -market tab
enter the default inflation rates to be used in each section. Inflation rates are applied annually
based on the Analysis Begin date
How to enter inflation rates - CORRECT ANSWER - as a percentage
-1.5% should be entered as 1.5 or 1.5% not as .0015
revenues tab - CORRECT ANSWER - includes miscellaneous, parking and storage tabs
revenues- miscellaneous - CORRECT ANSWER - where you can enter all non-tenant
related revenue (ex: roof antenna)
Exam Questions and CORRECT Answers
Expense amount on cash flow - CORRECT ANSWER - (Expense Amt x % Fixed) +
(Expense Amt x % Variable x % Occupied)
Reimbursable expenses - CORRECT ANSWER - expenses a property owner will recover
from tenants. Includes CAM, Taxes, Insurance and Repairs
Recent Properties - CORRECT ANSWER - -included in navigation pane
-allows user to see up to 10 most recent Argus files
Global Categories - CORRECT ANSWER - -in navigation pane, includes:
1. Manage Indices
2. Manage Inflation Rates
3. Manage Classifications
4. Manage Currencies
5. Manage Interest Rates
Manage Indices - CORRECT ANSWER - create new inflation indices
Manage Inflation Rates - CORRECT ANSWER - where global inflation rate categories
can be created and later applied at the property level
Manage Classifications - CORRECT ANSWER - manage the definition of the
classification categories
Manage Currencies - CORRECT ANSWER - set the currency
,Manage Interest Rates - CORRECT ANSWER - to set up loan IR and project cash flow
and returns after debt, various interest rates, swaps and refinancing scenarios
Creating New Portfolio - CORRECT ANSWER - any changes made to a portfolio will be
saved. Once the initial portfolio has been created, duplicate that and make changes to the copy
property asset types ___ be changed after a property has been created - CORRECT
ANSWER - can
the Analysis Begin date defaults to - CORRECT ANSWER - the current month and year
Property Asset Information includes - CORRECT ANSWER - Name, Analysis Begin,
Analysis Years, Currency and Address
Portfolio Application Tabs - CORRECT ANSWER -
When a property is first created, it will open in ____ mode - CORRECT ANSWER - Edit
Reports and inputs screens - CORRECT ANSWER - can be viewed at the same time
Save Property - CORRECT ANSWER - saves the updates to the property asset model to
the database. If a calculation has been performed, it will save the latest calculation results. Saves
as .avux extension
Save Property As - CORRECT ANSWER - will save a new version of the selected
property asset
Save Property to File - CORRECT ANSWER - saves an .avux file without saving to the
database
, Check In/Check Out Property - CORRECT ANSWER - use to restrict who can edit them
Discard Changes - CORRECT ANSWER - discards any changes you have made since the
last save
Ground Leases - CORRECT ANSWER - -properties sub tab
to adjust market assumptions for a Ground Lease, model valuation or DCF
Units - CORRECT ANSWER - -properties sub tab
allows user to track inventory, forecast property unit CF's, model renewal scenarios for tenants,
and extract data needed for stacking plans
Actuals - CORRECT ANSWER - where we can import or manually enter actual expenses
incurred by the property
Classifications - CORRECT ANSWER - add classifications to group assets that share
similar values
Inflation Tab - CORRECT ANSWER - -market tab
enter the default inflation rates to be used in each section. Inflation rates are applied annually
based on the Analysis Begin date
How to enter inflation rates - CORRECT ANSWER - as a percentage
-1.5% should be entered as 1.5 or 1.5% not as .0015
revenues tab - CORRECT ANSWER - includes miscellaneous, parking and storage tabs
revenues- miscellaneous - CORRECT ANSWER - where you can enter all non-tenant
related revenue (ex: roof antenna)
