ARGUS Certification Exam Test Questions With
Solutions Verified 100% Correct
When entering an Available Date prior to the Start Date on the Rent Roll tab, AE
assumes_______________________________. - ANSWER The space is available,
but vacant until the Start Date.
Which of the following are a Classification type in AE? Check all that apply. - ANSWER
Property
Tenant
System
Within ARGUS Enterprise, it is possible to copy items from Excel into AE. - ANSWER
True
Using the information below, calculate the amount that is eligible for recovery when
using Gross Ups:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - ANSWER $15,427.50
Any type of item can be added in as a Miscellaneous Rent if they are directly related to
the tenant. - ANSWER True
For a tenant to pay a specific amount for an Expense, select the ______________
Recovery Method. - ANSWER Fixed Amount
What is the extension of a property asset file in ARGUS Enterprise? - ANSWER .avux
Assume a NOI of $946,250, cap rate of 10.5%, and a 3% selling costs. Capitalize the
NOI to determine the Net Sales Price. - ANSWER $8,741,548
The Present Value tab allows us to enter in a separate discount rate for the Leveraged
and Unleveraged Cash Flow as well as the Leveraged and Unleveraged Resale Rate. -
ANSWER True
, It is required to enter in a Property Name and Address for every property added within a
portfolio. - ANSWER False
Calculate the Operating Expense shown on the Cash Flow from the following
assumptions:
Expense Amount: $0.45/SF/Year
Property Size: 65,000 SF
% Fixed: 45
% Occupancy: 82% - ANSWER $26,354
To adjust the Base Rent when you have a one-time increase, or increases that happen
at different increments, use the Fixed Steps Unit column. - ANSWER False
To indicate that an expense should not be included in the cash flow projection nor used
in the calculation of the NOI, select the ________ option. - ANSWER Reference Only
___________ allows us to track who has been in the asset and what changes have
been made to that asset. - ANSWER Audit Log
How is Total Rental Revenue calculated? - ANSWER Scheduled Base Rent + CPI
Increases
Which Recovery Structure would you select to enter in a tenant that pays their net
prorata share of all expenses over a specified base stop? - ANSWER Stop
Amount/Area
Users with the appropriate system rights and permissions can create ___________
values for Property and Tenant Classifications. - ANSWER More Than 100
Using the information below, calculate the amount that will appear as the Operating
Expense on Year 1 of the Cash Flow:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - ANSWER $14,569.50
The Fixed Amount/Area Recovery Method is calculated as: - ANSWER The annual
Solutions Verified 100% Correct
When entering an Available Date prior to the Start Date on the Rent Roll tab, AE
assumes_______________________________. - ANSWER The space is available,
but vacant until the Start Date.
Which of the following are a Classification type in AE? Check all that apply. - ANSWER
Property
Tenant
System
Within ARGUS Enterprise, it is possible to copy items from Excel into AE. - ANSWER
True
Using the information below, calculate the amount that is eligible for recovery when
using Gross Ups:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - ANSWER $15,427.50
Any type of item can be added in as a Miscellaneous Rent if they are directly related to
the tenant. - ANSWER True
For a tenant to pay a specific amount for an Expense, select the ______________
Recovery Method. - ANSWER Fixed Amount
What is the extension of a property asset file in ARGUS Enterprise? - ANSWER .avux
Assume a NOI of $946,250, cap rate of 10.5%, and a 3% selling costs. Capitalize the
NOI to determine the Net Sales Price. - ANSWER $8,741,548
The Present Value tab allows us to enter in a separate discount rate for the Leveraged
and Unleveraged Cash Flow as well as the Leveraged and Unleveraged Resale Rate. -
ANSWER True
, It is required to enter in a Property Name and Address for every property added within a
portfolio. - ANSWER False
Calculate the Operating Expense shown on the Cash Flow from the following
assumptions:
Expense Amount: $0.45/SF/Year
Property Size: 65,000 SF
% Fixed: 45
% Occupancy: 82% - ANSWER $26,354
To adjust the Base Rent when you have a one-time increase, or increases that happen
at different increments, use the Fixed Steps Unit column. - ANSWER False
To indicate that an expense should not be included in the cash flow projection nor used
in the calculation of the NOI, select the ________ option. - ANSWER Reference Only
___________ allows us to track who has been in the asset and what changes have
been made to that asset. - ANSWER Audit Log
How is Total Rental Revenue calculated? - ANSWER Scheduled Base Rent + CPI
Increases
Which Recovery Structure would you select to enter in a tenant that pays their net
prorata share of all expenses over a specified base stop? - ANSWER Stop
Amount/Area
Users with the appropriate system rights and permissions can create ___________
values for Property and Tenant Classifications. - ANSWER More Than 100
Using the information below, calculate the amount that will appear as the Operating
Expense on Year 1 of the Cash Flow:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - ANSWER $14,569.50
The Fixed Amount/Area Recovery Method is calculated as: - ANSWER The annual
