Argus Certification Practice Test, ARGUS Certification Exam

ARGUS ENTERPRISE PREP EXAM - SECTION 1
OF ASC EXAM, Argus Certification, Argus
Certification, Argus Certification Exam, Argus
Certification Practice Test, ARGUS Certification
Exam, Argus quiz, Argus Certification Chapter
4, Real Estate Argus Question...

Which of the following are available methods for calculating General Vacancy? Check all that
II! II! II! II! II! II! II! II! II! II! II! II! II!




apply.
II!




A. % of Effective Gross Revenue
II! II! II! II! II!




B. % of Total Tenant Revenue
II! II! II! II! II!




C. % of Total Rental Revenue
II! II! II! II! II!




D. % of Potential Gross Revenue
II! II! II! II! II!




B, C, D
II! II!




In the Property Portfolios section of the File tab, existing properties within the portfolios are
II! II! II! II! II! II! II! II! II! II! II! II! II! II!




displayed in the _______________ pane.
II! II! II! II! II!




A. Scenarios
II!




B. Options
II!




C. Properties
II!




D. Charts
II!




C

Using the information below, calculate the amount that is eligible for recovery when using Gross
II! II! II! II! II! II! II! II! II! II! II! II! II! II!




Up: Utilities Expense: $16,500, % Fixed: 35%, % Occupied: 82%, % Grossed Up: 90%.
II! II! II! II! II! II! II! II! II! II! II! II! II! II!




A. $15,431.50
II!




B. $15,550.50
II!

,C. $15,427.50
II!




D. $14,569.50II!




C

Which of the following are included in the default Leasing Commission calculation? Check all that
II! II! II! II! II! II! II! II! II! II! II! II! II! II!




apply.
II!




A. CPI II!




B. Free RentII! II!




C. Fixed Steps
II! II!




D. Percentage Rent
II! II!




B,C

Enter any debt calculated outside of ARGUS Enterprise on the ____________ tab under the
II! II! II! II! II! II! II! II! II! II! II! II! II!




Investment tab.
II! II!




A. Reference Only
II! II!




B. Purchase Financing
II! II!




C. Other Debt
II! II!




D. Debt Financing
II! II!




C

Which of the following is NOT a Property sub-tab? Check all that apply.
II! II! II! II! II! II! II! II! II! II! II! II!




A. Inflation II!




B. Charts of Accounts
II! II! II!




C. OperatingII!




D. Rent Roll II! II!




E. Description
II!




F. Area Measures
II! II!




A,C,D

Percentage Rent fields are only available when _________ is selected as the property type.
II! II! II! II! II! II! II! II! II! II! II! II! II!




A. IndustrialII!




B. Retail or Mixed Use that includes Retail
II! II! II! II! II! II! II!




C. Mixed Use that does not include Retail
II! II! II! II! II! II! II!




D. Office II!

,B

Non-Operating Expenses will fall below the Net Operating Income line on the Cash Flow. II! II! II! II! II! II! II! II! II! II! II! II! II!




(True/False)
II!




True

Using the information below, calculate the amount that will appear as the Operating Expense on
II! II! II! II! II! II! II! II! II! II! II! II! II! II!




Year 1 of the Cash Flow: Utilities Expense: $16,500% Fixed: 35%% Occupied: 82%% Grossed Up:
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!




90%
II!




A. $15,431
II!




B. $15,550
II!




C. $15,427.50
II!




D. $14,569.50
II!




D

Which Recovery Structure would you select to enter in a tenant that pays their net pro-rata share
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!




of all expenses over a specified base stop?
II! II! II! II! II! II! II! II!




A. Fixed Amount
II! II!




B. Fixed Amount/Area
II! II!




C. Stop Amount/Area
II! II!




D. Expense Stop
II! II!




C

To indicate that an expense should not be included in the cash flow projection nor used in the
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!




calculation of the NOI, select the ________ option.
II! II! II! II! II! II! II! II!




A. Reference Only
II! II!




B. Option
II!




C. Non-Operating Expenses
II! II!




D. Memo Account
II! II!




A

Use the following assumptions to calculate the Percentage Rent:
II! II! II! II! II! II! II! II!




Tenant Size: 1,250 SF II! II! II!




Base Rent: $20/SF/Year II! II!




Annual Sales Amount: $2,000,000 II! II! II!




Sales Percentage: 3% II! II!

, Breakpoint: Natural II!




A. $25,000
II!




B. $35,000
II!




C. $833,333
II!




D. $1,166,666
II!




B

When calculating a Market Leasing profile with the Upon Expiration set to Vacate, ARGUS
II! II! II! II! II! II! II! II! II! II! II! II! II!




Enterprise ___________________.
II! II!




A. Takes a weighted average
II! II! II! II!




B. Assumes a 100% renewal probability
II! II! II! II! II!




C. Assumes a 0% renewal probability
II! II! II! II! II!




D. Assumes the space will go "dark"
II! II! II! II! II! II!




C

The ___________ will display what properties were edited by which users within the opened
II! II! II! II! II! II! II! II! II! II! II! II! II!




portfolio.
II!




A. XL4ADW
II!




B. Audit Log
II! II!




C. Sensitivity Reporting
II! II!




D. Analysis Tab
II! II!




B

Which of the following are the three levels of detail offered with the Chart of Accounts?Check the
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!




three (3) that apply.
II! II! II! II!




A. Job Costs
II! II!




B. Parent/Header
II!




C. Revenue Costs
II! II!




D. Cashflow/GL Account
II! II!




A,B,D

Market Leasing profiles serve two key purposes.Check the two purposes below:
II! II! II! II! II! II! II! II! II! II!




A. Creates a stabilized vacancy rate for a property and represents the minimum vacancy loss for
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!