Argus Certification Exam Multiple Choice questions with verified
|| || || || || || || ||
answers
Once a Property Asset Type is selected it cannot be changed. T or F
|| || || || || || || || || || || || ||
False
The Analysis Begin Date defaults to the current Month and Year. T or F
|| || || || || || || || || || || || ||
True
Which section in the Navigation Pane allows users to update a variety of different settings ranging
|| || || || || || || || || || || || || || ||
from managing users to data import validation rules to report settings?
|| || || || || || || || || || ||
Control Panel ||
Which of the Portfolio Application Tabs is best described by the following statement? This
|| || || || || || || || || || || || || ||
application allows users to create and view analytical charts and graphs based on a combination of
|| || || || || || || || || || || || || || ||
properties from the portfolio.
|| || || ||
Analysis
What is the extension of a property asset file in ARGUS Enterprise?
|| || || || || || || || || || ||
.avux
____________ saves the updates to the property asset model to the database. If a calculation has
|| || || || || || || || || || || || || || || ||
been performed, it saves the latest calculation results.
|| || || || || || ||
,Save Property ||
What should be selected as "How Input" method for the revenue or expense to be based on a
|| || || || || || || || || || || || || || || || || ||
percentage of other cash flow items in the property?
|| || || || || || || ||
% of Other
|| ||
Common Area Maintained is $100,000 and is 50% fixed. Occupancy is 75%.
|| || || || || || || || || || ||
What dollar amount should be entered in the Amount1 field?
|| || || || || || || || ||
What will be the actual expense on the Cash Flow for CAM?
|| || || || || || || || || || ||
100
87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
|| || || || || || || || ||
What dollar amount should be entered in theAmount1 field?
|| || || || || || || ||
What will be the actual expense on the Cash flow for insurance?
|| || || || || || || || || || ||
80,000
80,000
To Replicate a value in a specific month of each year during the project for a specific expense,
|| || || || || || || || || || || || || || || || || ||
you must click which button in the Amount1 varies window?
|| || || || || || || || ||
Copy Column to End || || ||
,When calculating a market leasing profile with the upon expiration set to renew, Enterprise
|| || || || || || || || || || || || || ||
___________________
Assumes a 100% renewal || || ||
The upon expiration field within the Market Leasing profile allows us to select any overrides for
|| || || || || || || || || || || || || || || ||
past terms.
||
False
When you have a one-time increase, or an increase that happens at different increments or times,
|| || || || || || || || || || || || || || || ||
utilize the fixed steps column. T or F
|| || || || || || ||
False
When entering an Available Date prior to the start date within the rent toll, Argus enterprise will
|| || || || || || || || || || || || || || || || ||
assume:
the space is available but vacant until the start date
|| || || || || || || || ||
the analysis start date is January 2024. A tenant's lease start date is March 2024. If we want to
|| || || || || || || || || || || || || || || || || || ||
show the lost absorption/turnover rent for this tenant, what would be entered in the following
|| || || || || || || || || || || || || || ||
fields?
Available Date field: Jan 24 || || || ||
Start Date field: March 24
|| || || ||
The Lost Absorption / Turnover Rent being reported for the months prior to a lease start will
|| || || || || || || || || || || || || || || || ||
appear on the individual Tenant Cash Flow / LPV report. T or F
|| || || || || || || || || || || ||
, False
The % of Total Rental Revenue method is calculated by taking the scheduled base rent +
|| || || || || || || || || || || || || || || ||
_________________
CPI Increases
||
The General Vacancy calculation frequency can be monthly or annually. T or F
|| || || || || || || || || || || ||
True
Free Rent, tenant improvement and leasing commission categories can be created in the market
|| || || || || || || || || || || || || ||
parent tab and applied in the Rent Roll, or the Market Leasing levels.
|| || || || || || || || || || || ||
True
When including free rent in the leasing commissions calculation is it added or subtracted within
|| || || || || || || || || || || || || || ||
the formula
||
subtracted
By default when are leasing commissions paid within Argus Enterprise?
|| || || || || || || || ||
The first month of the first lease year
|| || || || || || ||
What is the default free rent formula?
|| || || || || ||
Base Rent + Fixed Steps + CPI
|| || || || || ||
|| || || || || || || ||
answers
Once a Property Asset Type is selected it cannot be changed. T or F
|| || || || || || || || || || || || ||
False
The Analysis Begin Date defaults to the current Month and Year. T or F
|| || || || || || || || || || || || ||
True
Which section in the Navigation Pane allows users to update a variety of different settings ranging
|| || || || || || || || || || || || || || ||
from managing users to data import validation rules to report settings?
|| || || || || || || || || || ||
Control Panel ||
Which of the Portfolio Application Tabs is best described by the following statement? This
|| || || || || || || || || || || || || ||
application allows users to create and view analytical charts and graphs based on a combination of
|| || || || || || || || || || || || || || ||
properties from the portfolio.
|| || || ||
Analysis
What is the extension of a property asset file in ARGUS Enterprise?
|| || || || || || || || || || ||
.avux
____________ saves the updates to the property asset model to the database. If a calculation has
|| || || || || || || || || || || || || || || ||
been performed, it saves the latest calculation results.
|| || || || || || ||
,Save Property ||
What should be selected as "How Input" method for the revenue or expense to be based on a
|| || || || || || || || || || || || || || || || || ||
percentage of other cash flow items in the property?
|| || || || || || || ||
% of Other
|| ||
Common Area Maintained is $100,000 and is 50% fixed. Occupancy is 75%.
|| || || || || || || || || || ||
What dollar amount should be entered in the Amount1 field?
|| || || || || || || || ||
What will be the actual expense on the Cash Flow for CAM?
|| || || || || || || || || || ||
100
87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
|| || || || || || || || ||
What dollar amount should be entered in theAmount1 field?
|| || || || || || || ||
What will be the actual expense on the Cash flow for insurance?
|| || || || || || || || || || ||
80,000
80,000
To Replicate a value in a specific month of each year during the project for a specific expense,
|| || || || || || || || || || || || || || || || || ||
you must click which button in the Amount1 varies window?
|| || || || || || || || ||
Copy Column to End || || ||
,When calculating a market leasing profile with the upon expiration set to renew, Enterprise
|| || || || || || || || || || || || || ||
___________________
Assumes a 100% renewal || || ||
The upon expiration field within the Market Leasing profile allows us to select any overrides for
|| || || || || || || || || || || || || || || ||
past terms.
||
False
When you have a one-time increase, or an increase that happens at different increments or times,
|| || || || || || || || || || || || || || || ||
utilize the fixed steps column. T or F
|| || || || || || ||
False
When entering an Available Date prior to the start date within the rent toll, Argus enterprise will
|| || || || || || || || || || || || || || || || ||
assume:
the space is available but vacant until the start date
|| || || || || || || || ||
the analysis start date is January 2024. A tenant's lease start date is March 2024. If we want to
|| || || || || || || || || || || || || || || || || || ||
show the lost absorption/turnover rent for this tenant, what would be entered in the following
|| || || || || || || || || || || || || || ||
fields?
Available Date field: Jan 24 || || || ||
Start Date field: March 24
|| || || ||
The Lost Absorption / Turnover Rent being reported for the months prior to a lease start will
|| || || || || || || || || || || || || || || || ||
appear on the individual Tenant Cash Flow / LPV report. T or F
|| || || || || || || || || || || ||
, False
The % of Total Rental Revenue method is calculated by taking the scheduled base rent +
|| || || || || || || || || || || || || || || ||
_________________
CPI Increases
||
The General Vacancy calculation frequency can be monthly or annually. T or F
|| || || || || || || || || || || ||
True
Free Rent, tenant improvement and leasing commission categories can be created in the market
|| || || || || || || || || || || || || ||
parent tab and applied in the Rent Roll, or the Market Leasing levels.
|| || || || || || || || || || || ||
True
When including free rent in the leasing commissions calculation is it added or subtracted within
|| || || || || || || || || || || || || || ||
the formula
||
subtracted
By default when are leasing commissions paid within Argus Enterprise?
|| || || || || || || || ||
The first month of the first lease year
|| || || || || || ||
What is the default free rent formula?
|| || || || || ||
Base Rent + Fixed Steps + CPI
|| || || || || ||
