Argus Certification Review Questions With Complete Solutions

Percentage Recovery Field - Answer Allows a user to apply a different recoverable percentage to an expense than what was originally entered on the Expenses tab. % Cap - Answer Year 2 Max Per Increase Limit = Year 1 Recoverable Amount x Allocation % x _______ Use Monthly Occupancy for Gross Up - Answer If what box is unchecked, AE will take the total annual amount and divide it by 12 to get the monthly total T - Answer T/F: System Recovery Structures are subject to the property wide Gross Up % entered in the modeling policies window F - Answer T/F: After changing the modeling policy for Gross Ups any recovery structure created from that point forward will default to that Gross Up percent. Also, any recovery structure created before the modeling policy change will update the Gross Up % they had in the recovery structure grid T - Answer T/F: By using the "Gross Up Override" field a user can apply different gross up amounts to individual expenses. Amount Elligible for Recovery - Answer [(Expense x % Fixed) + (Expenses x % Variable x % Occupancy or Gross up %)] = ______ $4567.50 - Answer Calculate the Utilities Expense using the following assumptions: - Property Size = 35,000 SF