Argus Certification Exam Questions And Answers Verified 100% Correct

Argus Certification Exam Questions And Answers Verified 100% Correct While running a 7-year analysis on a property with a 30-year debt note in ARGUS Enterprise, the note will _____________ at the end of the projection. - ANSWER Balloon After changing the modeling policy for Gross Ups, any Recovery Structure already created will default to the Gross Up percent in the Modeling Policies window. - ANSWER False The default formula for Leasing Commissions is: - ANSWER Base Rent + Step Rent + CPI - Free Rent To indicate that an expense should not be included in the cash flow projection nor used in the calculation of the NOI, select ________________ - ANSWER Reference Only True or False: The percentage of the expense that is eligible to be recovered can be altered for the entire property within the Expense tab - ANSWER True What is the default formula for Free Rent? - ANSWER Base Rent + Fixed Steps + CPI True or False: Months Vacant Overrides will only affect the first rollover and there will be no blending based upon the renewal probability. - ANSWER True True or False: The Batch Update allows a user to model several changes simultaneously instead of performing each individual adjustment. - ANSWER True True or False: When creating a sensitivity scenario, changes to individual properties may be made at the top of the screen. - ANSWER False Different levels of detail can be set for the Audit Log in which Portfolio Application tab? - ANSWER Portfolio Details To change the report interval setting, click the _____________ button. - ANSWER Report Options Which report within Portfolio Level Reports will show individual property information that makes up the selected cash flow totals? - ANSWER Cash Flow Detail All of the following are options for exporting Portfolio Level Reporting except: a) Excel b) Tiff c) PDF d) HTML - ANSWER d) HTML Task Pane provides a number of shortcuts and convenient functions, which include: - ANSWER Getting Started, ARGUS Alerts, ARGUS Valuation - DCF Wizard, and Shared Workspace Getting Started (Task Pane) - 4 - ANSWER Create new files, open recent files, connect to ARGUS website, and access a shared workplace online ARGUS Alerts - ANSWER Login to the ARGUS website to receive instant alerts, news, and other information Property Library - ANSWER Window allows you to view a list of property files in the active directory when other ARGUS Valuation - DCF property files are open. Toolbar (on the Property Library window) - ANSWER Allows you to navigate to directories and to perform actions on one or multiple ARGUS files without opening the files themselves Items of Property Library Toolbar (5) - ANSWER Email a file to someone, report on a batch of ARGUS files, create a portfolio, compare two or more files, add selected files to the Tenant Registry When creating a ARGUS file it is best to start with... - ANSWER the Property Description Inputs of Property Description - ANSWER Basic property information - timing area measures, and inflation What is the first window to appear when creating a new file? - ANSWER Property Description window Where is the password button found? - ANSWER Property Description window Property Type can or cannot be changed once selected? - ANSWER CANNOT! Property Timing tab is found where? - ANSWER Property Description window Property Timing tab includes: - ANSWER Analysis start date, Reporting Start Date, and # of years to Report or End Date Analysis Start Date - ANSWER Sets the date at which ARGUS Valuation - DCF calculations will occur. For example, month 6 is relative to the analysis start date (not Reporting Start Date) All entries that begin with a "relative" start date will be relative to which date? - ANSWER Analysis Start Date Reporting Start Date - ANSWER - Sets the date at which reports will begin - Does not alter the timing of base calculations in the program Reporting Start Date must fall (where) relative to the Analysis Start Date - ANSWER on or after the Analysis Start Date Analysis of up to (xx) years may be conducted - ANSWER 40 If the analysis begins midyear... - ANSWER ARGUS will calculate a stub year with the partial year in the first year Default unit of Area Measures is? - ANSWER Square Feet When entering a inflation percentage that is less than 1%, it must be in what form? - ANSWER decimal Percentages of inflation may be entered as... - ANSWER positive or negative whole numbers, or a decimal If an inflation field is left empty... - ANSWER it will default to the General Inflation Rate Why is inflation in year 1 never available? - ANSWER Because it does not occur until the beginning of the 2nd year Inflation input into Year 2 will apply to which years numbers? - ANSWER Year 1