Argus Certification Exam with correct detailed answers || || || || || ||
Using the information below, calculate the amount that will appear as the Operating Expense on
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Year 1 of the Cash Flow:
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Utilities Expense: $16,500 || ||
% Fixed: 35%
|| ||
% Occupied: 82%
|| ||
% Grossed Up: 90% - ✔✔$14,569.50????
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The Fixed Amount/Area Recovery Method is calculated as:
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-The increases over an amount/area that will be paid by the tenant each year.
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-The annual amount/area, based on Property Size, that will be paid by the tenant each year.
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-The annual amount/area, based on Tenant Size, that will be paid by the tenant each year.
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-None of the Above - ✔✔The annual amount/area, based on Tenant Size, that will be paid by the
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tenant each year. || ||
Which Recovery Structure would you select to enter in a tenant that pays their net pro-rata share
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of all expenses over a specified base stop? - ✔✔Stop Amount/Area
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Users can define a varying buliding area over time by clicking the Building Area ellipsis. -
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✔✔True
Which of the following reports can be accessed by clicking Property Reports?
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-Executive Summary ||
-Budget Comparison ||
-Property Resale ||
-Cash Flow - ✔✔Executive Summary
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Budget Comparison ||
, Cash Flow ||
When leases roll to the Market Leasing profile, by default the rents do not inflate during the
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rollover term. - ✔✔True || || ||
Entering in a property address will allow a user to access a map of the location in AE. - ✔✔False
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Which of the following are the three levels of detail offered with the Chart of Accounts?
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-Parent/Header
-Cashflow/ GL Account || ||
-Job Costs ||
-Revenue Costs - ✔✔Parent/Header || || ||
Cashflow/GL Account ||
Job Costs
||
Enter the Property Resale information in the _______________ tab.
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This is a single choice question. Selections are automatically selected as you use arrow to move. -
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✔✔Valuation
The _________ option will allow a user to view and change the options used for data entry and
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calculations in this property model. - ✔✔Modeling Policies || || || || || || ||
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% - ✔✔$15,427.50
|| || || || ||
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% - ✔✔$14,569.50????
|| || || || ||
The Fixed Amount/Area Recovery Method is calculated as:
|| || || || || || ||
-The increases over an amount/area that will be paid by the tenant each year.
|| || || || || || || || || || || || ||
-The annual amount/area, based on Property Size, that will be paid by the tenant each year.
|| || || || || || || || || || || || || || ||
-The annual amount/area, based on Tenant Size, that will be paid by the tenant each year.
|| || || || || || || || || || || || || || ||
-None of the Above - ✔✔The annual amount/area, based on Tenant Size, that will be paid by the
|| || || || || || || || || || || || || || || || || ||
tenant each year. || ||
Which Recovery Structure would you select to enter in a tenant that pays their net pro-rata share
|| || || || || || || || || || || || || || || || ||
of all expenses over a specified base stop? - ✔✔Stop Amount/Area
|| || || || || || || || || ||
Users can define a varying buliding area over time by clicking the Building Area ellipsis. -
|| || || || || || || || || || || || || || || ||
✔✔True
Which of the following reports can be accessed by clicking Property Reports?
|| || || || || || || || || || ||
-Executive Summary ||
-Budget Comparison ||
-Property Resale ||
-Cash Flow - ✔✔Executive Summary
|| || || ||
Budget Comparison ||
, Cash Flow ||
When leases roll to the Market Leasing profile, by default the rents do not inflate during the
|| || || || || || || || || || || || || || || || ||
rollover term. - ✔✔True || || ||
Entering in a property address will allow a user to access a map of the location in AE. - ✔✔False
|| || || || || || || || || || || || || || || || || || ||
Which of the following are the three levels of detail offered with the Chart of Accounts?
|| || || || || || || || || || || || || || ||
-Parent/Header
-Cashflow/ GL Account || ||
-Job Costs ||
-Revenue Costs - ✔✔Parent/Header || || ||
Cashflow/GL Account ||
Job Costs
||
Enter the Property Resale information in the _______________ tab.
|| || || || || || || ||
This is a single choice question. Selections are automatically selected as you use arrow to move. -
|| || || || || || || || || || || || || || || || ||
✔✔Valuation
The _________ option will allow a user to view and change the options used for data entry and
|| || || || || || || || || || || || || || || || || ||
calculations in this property model. - ✔✔Modeling Policies || || || || || || ||
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% - ✔✔$15,427.50
|| || || || ||
