ARGUS Enterprise Certification Exam Review Questions with || || || || || || ||
verified detailed answers || ||
1- (T/F) Once a property asset type is selected it cannot be changed - ✔✔False. In the DCF
|| || || || || || || || || || || || || || || || || ||
version you cant but in enterprise the asset type CAN be changed after its created
|| || || || || || || || || || || || || ||
1- (T/F) The analysis begin date defaults to the current month and year - ✔✔True. and 100 years
|| || || || || || || || || || || || || || || || || ||
is the longest analysis period
|| || || ||
1- 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
|| || || || || || || || || || || || || ||
1- 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
|| || || || || ||
2- What is the extension of a property asset file in argus enterprise? - ✔✔.avux
|| || || || || || || || || || || || || ||
2- ________ saves the updates to the property asset model to the database. If a calculation has
|| || || || || || || || || || || || || || || || ||
been performed, it also saves the latest calculation results - ✔✔save property (you do this under
|| || || || || || || || || || || || || || || ||
property view) ||
2- what should be selected as the 'how input' method for the revenue or expense to be based on a
|| || || || || || || || || || || || || || || || || || || ||
percentage of other cash flow line items in the property? - ✔✔% of other. example- management
|| || || || || || || || || || || || || || || ||
fee as % of effective gross revenue
|| || || || || ||
2- Common area maintenance is $100,000 and is 50% fixed. Occupany is 75%.
|| || || || || || || || || || || ||
A. What dollar amount should be entered in the amount 1 field?
|| || || || || || || || || || ||
B. What will be the actual expense on the cash flow for CAM? - ✔✔A. 100,000
|| || || || || || || || || || || || || || ||
B. 87,500 ||
,work for B: (expense amount* % fixed) + (expense amount * % variable * % occupied)
|| || || || || || || || || || || || || || ||
(100,000 * .5) + (100,000 * .5 * .75) = 87,500 || || || || || || || || || ||
2- Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
|| || || || || || || || || ||
A. What dollar amount should be entered in the amount1 field?
|| || || || || || || || || ||
B. What will be the actual expense on the cash flow for insurance? - ✔✔A. 80,000
|| || || || || || || || || || || || || || ||
B. 80,000
||
2- 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
|| || || || || || || || || || || || || ||
3- What is the Market rent in 2025?
|| || || || || || ||
relevant info from book (pg 47): || || || || ||
market rent in 2022 is 15 || || || || ||
market inflation rate is 5% in 2023 and 2024, then it is 3% in 2025, 2026 and 2027 - ✔✔17.03
|| || || || || || || || || || || || || || || || || || ||
3- What is the cpi inflation rate in 2024
|| || || || || || || ||
|| relevant info from book (pg 47): || || || || || ||
market rent in 2022 is 15 || || || || ||
cpi inflation rate is shown across the board as 0% - ✔✔0.00%
|| || || || || || || || || || ||
3- When calculating a market leasing profile with the upon expiration set to renew, enterprise
|| || || || || || || || || || || || || || ||
________ - ✔✔assumes a 100% renewal || || || || ||
3- (T/F) The upon expiration field within the market leasing profile allows us to select any
|| || || || || || || || || || || || || || || ||
overrides for past terms - ✔✔False || || || || ||
,4- (T/F) When you have a one time increase, or an increase that happens at different increments or
|| || || || || || || || || || || || || || || || ||
times, utilize the fixed steps unit column - ✔✔False
|| || || || || || || || ||
4- When entering an available date prior to the start date within the rent roll, argus enterprise will
|| || || || || || || || || || || || || || || || || ||
assume: - ✔✔the space is available, but vacant until the start date
|| || || || || || || || || || ||
4- The analysis start date is january 2022. A tenants lease start date is March 2022. If we want to
|| || || || || || || || || || || || || || || || || || || ||
show the lost absorption/ turnover rent for this tenant, what would be entered in the following
|| || || || || || || || || || || || || || || ||
fields?
A. Available date field:
|| || ||
B. Start date field: - ✔✔A. Jan 2022
|| || || || || || ||
B. March 2022
|| ||
4- (T/F) 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 - ✔✔False
|| || || || || || || || || || ||
4- calc percentage rent
|| || ||
info from txt pg 88:|| || || ||
tenant size: 2,450 SF || || ||
tenant rent: $13 sf/year || || ||
4% sales % || ||
sales amount: 950,000 - ✔✔$6150
|| || || ||
work:
sales volume - breakpoint * sales %
|| || || || || ||
950,000- ( (2450*13)/4 )* 4% || || || ||
$6150
4- The % of total rental revenue method is calculated by taking the scheduled base rent + ______ -
|| || || || || || || || || || || || || || || || || ||
✔✔CPI Increases
|| ||
, 4- (T/F) The general vacancy calculation frequency can be monthly or annually - ✔✔true
|| || || || || || || || || || || || ||
4- What is the general vacancy for this building?
|| || || || || || || ||
info from pg 89:
|| || ||
potential gross revenue: 9,600,000 || || ||
absorption & turnover vacancy: 230,000 || || || ||
5% general vacancy - ✔✔261,500
|| || || ||
work:
(pgr + absorption & turnover) * vacancy rate - absorption and turnover
|| || || || || || || || || || ||
(9600000 + 230000) * 5% - 230,000 || || || || || ||
261,500
5- Calculate the utilities expense, using the following assumptions
|| || || || || || || ||
property size= 35,000 SF || || ||
utilities expense= 0.15/sf/year --> 35% fixed
|| || || || ||
occupancy= 80% - ✔✔(expenses * fixed%) + (expenses * variable % * occupancy %)
|| || || || || || || || || || || || ||
((35,000 * .15) * .35) + ((35,000 * .15) * .65 * .80)
|| || || || || || || || || || || ||
4,567.50
5- Assume that a property's cam expense is $30,000 per year and 60% fixed the occupancy of the
|| || || || || || || || || || || || || || || || || ||
property is 70%. What value should be entered in the amount1 field in the operating tab? -
|| || || || || || || || || || || || || || || || ||
✔✔30,000
5- Assume that a property's cam expense is $30,000 per year and 60% fixed. the occupancy of the
|| || || || || || || || || || || || || || || || || ||
property is 70%. What is the operating expense amount that will appear on the cash flow report? -
|| || || || || || || || || || || || || || || || || ||
✔✔(expense * fixed%) + (expense * variable % * occupancy %) || || || || || || || || || ||
verified detailed answers || ||
1- (T/F) Once a property asset type is selected it cannot be changed - ✔✔False. In the DCF
|| || || || || || || || || || || || || || || || || ||
version you cant but in enterprise the asset type CAN be changed after its created
|| || || || || || || || || || || || || ||
1- (T/F) The analysis begin date defaults to the current month and year - ✔✔True. and 100 years
|| || || || || || || || || || || || || || || || || ||
is the longest analysis period
|| || || ||
1- 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
|| || || || || || || || || || || || || ||
1- 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
|| || || || || ||
2- What is the extension of a property asset file in argus enterprise? - ✔✔.avux
|| || || || || || || || || || || || || ||
2- ________ saves the updates to the property asset model to the database. If a calculation has
|| || || || || || || || || || || || || || || || ||
been performed, it also saves the latest calculation results - ✔✔save property (you do this under
|| || || || || || || || || || || || || || || ||
property view) ||
2- what should be selected as the 'how input' method for the revenue or expense to be based on a
|| || || || || || || || || || || || || || || || || || || ||
percentage of other cash flow line items in the property? - ✔✔% of other. example- management
|| || || || || || || || || || || || || || || ||
fee as % of effective gross revenue
|| || || || || ||
2- Common area maintenance is $100,000 and is 50% fixed. Occupany is 75%.
|| || || || || || || || || || || ||
A. What dollar amount should be entered in the amount 1 field?
|| || || || || || || || || || ||
B. What will be the actual expense on the cash flow for CAM? - ✔✔A. 100,000
|| || || || || || || || || || || || || || ||
B. 87,500 ||
,work for B: (expense amount* % fixed) + (expense amount * % variable * % occupied)
|| || || || || || || || || || || || || || ||
(100,000 * .5) + (100,000 * .5 * .75) = 87,500 || || || || || || || || || ||
2- Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
|| || || || || || || || || ||
A. What dollar amount should be entered in the amount1 field?
|| || || || || || || || || ||
B. What will be the actual expense on the cash flow for insurance? - ✔✔A. 80,000
|| || || || || || || || || || || || || || ||
B. 80,000
||
2- 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
|| || || || || || || || || || || || || ||
3- What is the Market rent in 2025?
|| || || || || || ||
relevant info from book (pg 47): || || || || ||
market rent in 2022 is 15 || || || || ||
market inflation rate is 5% in 2023 and 2024, then it is 3% in 2025, 2026 and 2027 - ✔✔17.03
|| || || || || || || || || || || || || || || || || || ||
3- What is the cpi inflation rate in 2024
|| || || || || || || ||
|| relevant info from book (pg 47): || || || || || ||
market rent in 2022 is 15 || || || || ||
cpi inflation rate is shown across the board as 0% - ✔✔0.00%
|| || || || || || || || || || ||
3- When calculating a market leasing profile with the upon expiration set to renew, enterprise
|| || || || || || || || || || || || || || ||
________ - ✔✔assumes a 100% renewal || || || || ||
3- (T/F) The upon expiration field within the market leasing profile allows us to select any
|| || || || || || || || || || || || || || || ||
overrides for past terms - ✔✔False || || || || ||
,4- (T/F) When you have a one time increase, or an increase that happens at different increments or
|| || || || || || || || || || || || || || || || ||
times, utilize the fixed steps unit column - ✔✔False
|| || || || || || || || ||
4- When entering an available date prior to the start date within the rent roll, argus enterprise will
|| || || || || || || || || || || || || || || || || ||
assume: - ✔✔the space is available, but vacant until the start date
|| || || || || || || || || || ||
4- The analysis start date is january 2022. A tenants lease start date is March 2022. If we want to
|| || || || || || || || || || || || || || || || || || || ||
show the lost absorption/ turnover rent for this tenant, what would be entered in the following
|| || || || || || || || || || || || || || || ||
fields?
A. Available date field:
|| || ||
B. Start date field: - ✔✔A. Jan 2022
|| || || || || || ||
B. March 2022
|| ||
4- (T/F) 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 - ✔✔False
|| || || || || || || || || || ||
4- calc percentage rent
|| || ||
info from txt pg 88:|| || || ||
tenant size: 2,450 SF || || ||
tenant rent: $13 sf/year || || ||
4% sales % || ||
sales amount: 950,000 - ✔✔$6150
|| || || ||
work:
sales volume - breakpoint * sales %
|| || || || || ||
950,000- ( (2450*13)/4 )* 4% || || || ||
$6150
4- The % of total rental revenue method is calculated by taking the scheduled base rent + ______ -
|| || || || || || || || || || || || || || || || || ||
✔✔CPI Increases
|| ||
, 4- (T/F) The general vacancy calculation frequency can be monthly or annually - ✔✔true
|| || || || || || || || || || || || ||
4- What is the general vacancy for this building?
|| || || || || || || ||
info from pg 89:
|| || ||
potential gross revenue: 9,600,000 || || ||
absorption & turnover vacancy: 230,000 || || || ||
5% general vacancy - ✔✔261,500
|| || || ||
work:
(pgr + absorption & turnover) * vacancy rate - absorption and turnover
|| || || || || || || || || || ||
(9600000 + 230000) * 5% - 230,000 || || || || || ||
261,500
5- Calculate the utilities expense, using the following assumptions
|| || || || || || || ||
property size= 35,000 SF || || ||
utilities expense= 0.15/sf/year --> 35% fixed
|| || || || ||
occupancy= 80% - ✔✔(expenses * fixed%) + (expenses * variable % * occupancy %)
|| || || || || || || || || || || || ||
((35,000 * .15) * .35) + ((35,000 * .15) * .65 * .80)
|| || || || || || || || || || || ||
4,567.50
5- Assume that a property's cam expense is $30,000 per year and 60% fixed the occupancy of the
|| || || || || || || || || || || || || || || || || ||
property is 70%. What value should be entered in the amount1 field in the operating tab? -
|| || || || || || || || || || || || || || || || ||
✔✔30,000
5- Assume that a property's cam expense is $30,000 per year and 60% fixed. the occupancy of the
|| || || || || || || || || || || || || || || || || ||
property is 70%. What is the operating expense amount that will appear on the cash flow report? -
|| || || || || || || || || || || || || || || || || ||
✔✔(expense * fixed%) + (expense * variable % * occupancy %) || || || || || || || || || ||
