Argus Exam Questions and Answers Grade A+
vacancy and credit loss - Answer-is the amount of money or percentage of net operating
income that is estimated to not be realized due to non-payment of rents and vacant units
where is general vacancy and credit loss located - Answer-market tab
general vacancy - Answer-is used to enter the stabilized vacancy rate for the property. it
represents the minimum vacancy loss for the property on a monthly or annual basis
4 general vacancy calculations - Answer-annual amount, % of potential gross revenue, % of total
rental revenue, and % of total tenant revenue
annual amount (general vacancy equation - Answer-general vacancy will take the amount
entered in and spread it evenly over a 12 month period. By clicking on the ellipsis, it will give the
capability to enter specific amounts, by the month, and them change the inflation associated
with the amount
% of potential gross revenue (general vacancy equation) - Answer-total tenant revenue + total
other income
% of total rental revenue (general vacancy equation) - Answer-schedule base rent + cpi
increases
% of total tenant revenue - Answer-total tenant revenue + total other tenant revenue
the three check boxes that can affect how general vacancy is calculated - Answer-gross up
revenue by absorption and turnover, reduce general vacancy result by absorption and turnover,
override specified tentants
gross up revenue by absorption and turnover - Answer-provides the ability to add back the
absorption and turnover vacancy, prior to calculation the general vacancy amount
absorption and turnover vacancy - Answer-the projected loss and rental revenue associated
with the speculative lease up of currently vacant space, as well as the downtime between lease
terms associated with tenants moving in and out of the building
-by adding back the absoprtion and turnover vacancy to the projected revenue, before
calculating general vacancy, ths option results in the general vacancy being calculated on the
potential revenue of the building as if it was 100% occupied
reduce general vacancy result by absorption and turnover - Answer-Ae will deduct absorption
and turnover vacancy from the general vacancy after it is calculated. this will ensure that AE is
not double counting actual vacancy loss and general vacancy loss
, -if absorption and turnover vacancy is greater than the general vacancy calculated, general
vacancy will be reported as zero
-if not checked, AE will not deduct absorption and turnover vacancy from the general vacancy
calculation
override specified tenants - Answer-gives the ability to override specified tenants from using the
property level general vacancy rate. once box is checked, there are three options: replace,
adjust, or increment standard rate.
-once tenant is selected, the ability to enter in a diff rate, then choose whether upon lease
expiration should the rate go back to the property standard rate or continue to use the override
rate
credit loss tab - Answer-can use this tab to enter an additional loss factor for the property to
account for the possibility of bad debts or non-payment of rents by certain tenants
4 credit loss calculations - Answer-annual amount, % of potential gross revenue, % of total
rental revenue, % of total tenant revenue
annual amount (credit loss calculation) - Answer-the annual amount is entered on a scale or a
time series. inflation can be applied to this value
% of potential gross revenue (credit loss) - Answer-total tenant revenue + total other income
% of total rental revenue (credit loss) - Answer-schedule base rent + cpi increases
% of total tenant revenue (credit loss) - Answer-total rental revenue + total other rental revenue
recent properties section - Answer-allows a user to see up to 10 most recently opened argus
enterprise files. a user can open an .avux file from this section by clicking on "open property'
Property portfolios section - Answer-quickly create new portfolios, open existing portfolios,
delete a portfolio, duplicate an existing portfolio, or refresh the list of portfolios and properties
investment portfolio section - Answer-a user can create build a model to examine the supply
and return of capital to and from investors, the loan of cash from debt suppliers, the calculation
of interest fees, profit distributions, and fee payments to investors and fund managers
sensitivity assumptions section - Answer-manages inputs that will be changed when running the
batch update and sensitivity analysis
chart of accounts section - Answer-lists of revenues and expenses that are applied to portfolios.
we can open, create, or import charts from an excel spreadsheet.
vacancy and credit loss - Answer-is the amount of money or percentage of net operating
income that is estimated to not be realized due to non-payment of rents and vacant units
where is general vacancy and credit loss located - Answer-market tab
general vacancy - Answer-is used to enter the stabilized vacancy rate for the property. it
represents the minimum vacancy loss for the property on a monthly or annual basis
4 general vacancy calculations - Answer-annual amount, % of potential gross revenue, % of total
rental revenue, and % of total tenant revenue
annual amount (general vacancy equation - Answer-general vacancy will take the amount
entered in and spread it evenly over a 12 month period. By clicking on the ellipsis, it will give the
capability to enter specific amounts, by the month, and them change the inflation associated
with the amount
% of potential gross revenue (general vacancy equation) - Answer-total tenant revenue + total
other income
% of total rental revenue (general vacancy equation) - Answer-schedule base rent + cpi
increases
% of total tenant revenue - Answer-total tenant revenue + total other tenant revenue
the three check boxes that can affect how general vacancy is calculated - Answer-gross up
revenue by absorption and turnover, reduce general vacancy result by absorption and turnover,
override specified tentants
gross up revenue by absorption and turnover - Answer-provides the ability to add back the
absorption and turnover vacancy, prior to calculation the general vacancy amount
absorption and turnover vacancy - Answer-the projected loss and rental revenue associated
with the speculative lease up of currently vacant space, as well as the downtime between lease
terms associated with tenants moving in and out of the building
-by adding back the absoprtion and turnover vacancy to the projected revenue, before
calculating general vacancy, ths option results in the general vacancy being calculated on the
potential revenue of the building as if it was 100% occupied
reduce general vacancy result by absorption and turnover - Answer-Ae will deduct absorption
and turnover vacancy from the general vacancy after it is calculated. this will ensure that AE is
not double counting actual vacancy loss and general vacancy loss
, -if absorption and turnover vacancy is greater than the general vacancy calculated, general
vacancy will be reported as zero
-if not checked, AE will not deduct absorption and turnover vacancy from the general vacancy
calculation
override specified tenants - Answer-gives the ability to override specified tenants from using the
property level general vacancy rate. once box is checked, there are three options: replace,
adjust, or increment standard rate.
-once tenant is selected, the ability to enter in a diff rate, then choose whether upon lease
expiration should the rate go back to the property standard rate or continue to use the override
rate
credit loss tab - Answer-can use this tab to enter an additional loss factor for the property to
account for the possibility of bad debts or non-payment of rents by certain tenants
4 credit loss calculations - Answer-annual amount, % of potential gross revenue, % of total
rental revenue, % of total tenant revenue
annual amount (credit loss calculation) - Answer-the annual amount is entered on a scale or a
time series. inflation can be applied to this value
% of potential gross revenue (credit loss) - Answer-total tenant revenue + total other income
% of total rental revenue (credit loss) - Answer-schedule base rent + cpi increases
% of total tenant revenue (credit loss) - Answer-total rental revenue + total other rental revenue
recent properties section - Answer-allows a user to see up to 10 most recently opened argus
enterprise files. a user can open an .avux file from this section by clicking on "open property'
Property portfolios section - Answer-quickly create new portfolios, open existing portfolios,
delete a portfolio, duplicate an existing portfolio, or refresh the list of portfolios and properties
investment portfolio section - Answer-a user can create build a model to examine the supply
and return of capital to and from investors, the loan of cash from debt suppliers, the calculation
of interest fees, profit distributions, and fee payments to investors and fund managers
sensitivity assumptions section - Answer-manages inputs that will be changed when running the
batch update and sensitivity analysis
chart of accounts section - Answer-lists of revenues and expenses that are applied to portfolios.
we can open, create, or import charts from an excel spreadsheet.
