ARGUS (Key Points) UPDATED ACTUAL
Exam Questions and CORRECT Answers
Key Term on Pg. 163 - CORRECT ANSWER - In the "report options" window a user can
turn on "Display multiple Sales" to see a range of resale cap rates compared to the range of
Present Value rates.
CHAPTER 1 - CORRECT ANSWER --
Key Point on Pg. 7 - CORRECT ANSWER - - In AE, over 1,000's of properties can be
created/imported within many portfolios.
- The icons located in the row below the headers are called the Resource Base Collection (RBC)
and they allow a user to filter by alpha or numeric entries.
Key Point on Pg. 12 - CORRECT ANSWER - If a currency scenario is created, it will be
assigned in the portfolio details tab.
Key Point on Pg. 21 - CORRECT ANSWER - Click on the inflation basis ellipsis to detail
inflation monthly. To apply inflation to the first year of the analysis select, "Allow Inflation in
Year One" option in the Modeling Policies.
Key Point on Pg. 24 - CORRECT ANSWER - Within AE we can add in Non-Operating
Expenses. Non-Operating Expenses will fall below the Net Operating Income line on the Cash
Flow. They will also not be counted towards the value of the property. You can switch this
feature on/off in the Report Options while in the Cash Flow Report.
Key Point on Pg. 39 - CORRECT ANSWER - The "Active" field allows a user to enable
or disable a tenant as a reference record. If "yes" is selected the record will be included in
calculations and reports. If "No" is selected the record will be excluded from calculations and
reports.
, Key Point on Pg. 40 (1 of 2) - CORRECT ANSWER - Free Rent, by default, in AE
includes: Base Rent, Step Rent and CPI Rent.
Key Point on Pg. 40 (2 of 2) - CORRECT ANSWER - In the recoveries sections of the
modeling policies a user can specify/change the default recovery type.
Key Point on pg. 42 - CORRECT ANSWER - To access the rent roll screen when the
input window is activated, use the hot key CTRL + R.
When in the tenants - rent roll, the bottom of the window will show a user: - CORRECT
ANSWER - - Building Area
- Area Entered
- Area Remaining
- Area Reabsorbed
- Total Market Rent
- Total Valuation Rent
- Total Contracted Rent
All rent is as-of the valuation date for the property.
Key Point on Pg. 52 - CORRECT ANSWER - Tenants can have base, step, rent review
and/or outstanding review increases applied in the rental income tab.
These options can be changed in the "Type" drop-down menu.
Key Point on Pg. 54 - CORRECT ANSWER - Fixed steps should only be entered in this
field if the step is to occur every lease anniversary at the same step amount. Any variation from
that needs to be entered in the Rent Schedule by clicking on the base rent ellipsis.
Key Point on pg. 55 - CORRECT ANSWER - When entering an amount in the Months
Vacant Override field, there will be no blending based upon renewal probability. ARGUS
Enterprise will return to using the entry in the Months Vacant field in the Market Leasing profile
for subsequent rollovers.
Exam Questions and CORRECT Answers
Key Term on Pg. 163 - CORRECT ANSWER - In the "report options" window a user can
turn on "Display multiple Sales" to see a range of resale cap rates compared to the range of
Present Value rates.
CHAPTER 1 - CORRECT ANSWER --
Key Point on Pg. 7 - CORRECT ANSWER - - In AE, over 1,000's of properties can be
created/imported within many portfolios.
- The icons located in the row below the headers are called the Resource Base Collection (RBC)
and they allow a user to filter by alpha or numeric entries.
Key Point on Pg. 12 - CORRECT ANSWER - If a currency scenario is created, it will be
assigned in the portfolio details tab.
Key Point on Pg. 21 - CORRECT ANSWER - Click on the inflation basis ellipsis to detail
inflation monthly. To apply inflation to the first year of the analysis select, "Allow Inflation in
Year One" option in the Modeling Policies.
Key Point on Pg. 24 - CORRECT ANSWER - Within AE we can add in Non-Operating
Expenses. Non-Operating Expenses will fall below the Net Operating Income line on the Cash
Flow. They will also not be counted towards the value of the property. You can switch this
feature on/off in the Report Options while in the Cash Flow Report.
Key Point on Pg. 39 - CORRECT ANSWER - The "Active" field allows a user to enable
or disable a tenant as a reference record. If "yes" is selected the record will be included in
calculations and reports. If "No" is selected the record will be excluded from calculations and
reports.
, Key Point on Pg. 40 (1 of 2) - CORRECT ANSWER - Free Rent, by default, in AE
includes: Base Rent, Step Rent and CPI Rent.
Key Point on Pg. 40 (2 of 2) - CORRECT ANSWER - In the recoveries sections of the
modeling policies a user can specify/change the default recovery type.
Key Point on pg. 42 - CORRECT ANSWER - To access the rent roll screen when the
input window is activated, use the hot key CTRL + R.
When in the tenants - rent roll, the bottom of the window will show a user: - CORRECT
ANSWER - - Building Area
- Area Entered
- Area Remaining
- Area Reabsorbed
- Total Market Rent
- Total Valuation Rent
- Total Contracted Rent
All rent is as-of the valuation date for the property.
Key Point on Pg. 52 - CORRECT ANSWER - Tenants can have base, step, rent review
and/or outstanding review increases applied in the rental income tab.
These options can be changed in the "Type" drop-down menu.
Key Point on Pg. 54 - CORRECT ANSWER - Fixed steps should only be entered in this
field if the step is to occur every lease anniversary at the same step amount. Any variation from
that needs to be entered in the Rent Schedule by clicking on the base rent ellipsis.
Key Point on pg. 55 - CORRECT ANSWER - When entering an amount in the Months
Vacant Override field, there will be no blending based upon renewal probability. ARGUS
Enterprise will return to using the entry in the Months Vacant field in the Market Leasing profile
for subsequent rollovers.
