ARGUS CERTIFICATION EXAM
140 EXAM QUESTIONS AND
ANSWERS 2024
1. Once a property asset type is selected it cannot be changed. (T/F): False
2. The analysis begin date defaults to the current month and year. (T/F): True 3.
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? a. Portfolio Details
b. Scenerios
c. Reports.
d. Analysis: d. Analysis
4. What should b selected as the 'How Input' method for the revenue or expense
to be based on a percentage of other cash flow items in the property? a. Amount
1
b. Sub-lines
c. % of other
d. Currency Amount/Vacant Area: c. % of other
5. CAM is $100,000 and is 50% fixed. Occupancy is 75%. What will be the
actual expense on the Cash Flow for CAM?: {(100,000 x 50% fixed) + ($100,000 x
50% variable x 75% occupied)}
,= 87,500
6. Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What will be the
actual expense on the Cash Flow for Insurance?: {(80,000 x 100% fixed) + (80,000
x 0% variable x 85% occupied)}
= 80,000
7. 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?
a,. Copy Across & Down b.
Copy to End
c. Copy to Column to End
d. Column: c. Copy Column to End
8. The Active field allows a user to enable or disable a tenant as a reference
record. Yes is included in the calculation, no is excluded: Key Concept
9. Leasing Commission Calculation: LC = [((Base Rent + Step Rent - Free Rent)
x YR1 LC%) +(Base Rent + Step Rent - Free Rent) x YR2 LC%) +...
10. The default entry of 100% in the improvements/commissions timing field
indicates that the entire improvements/commissions payment should occur in
month one of the lease. However, the amount can be distributed across the
lease term by entering the percentage to be paid each month.: Key Concept 11.
To access the Rent Roll screen when the Input window is activated, use the
shortcut key Ctrl + R: Key Concept
12 Blended Market Calculation: New x (%) + Renew x (%) = Blended Market
, 13. Months vacant will display as 1.5 months in the Assumptions Report, but
AE will round up/down to the nearest whole month for actual downtime.: Key
Concept
14. When calculating a Market Leasing profile with the Upon Expiration set to
Renew, Enterprise _____________. a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal: Assumes a 100% renewal
15. The upon expiration field within the Market Leasing profile allows us to
select any overides for the past terms. (T/F): False
16. Tenants can have Base, Step, Rent Review and or Outstanding Review
increases applied in the Rental Income tab.: Key Concept
17. Fixed steps should only be entered in this field if the steps is to occur
every lease anniversary at the same step amount. Any variation from that needs
to be entered in the Rent Schedule by clicking Base Rent ellipsis.: Key Concept
18. When entering an amount n the Months Vacant Overide field, there will be
no blending based upon renewal probability. Argus Enterprise will return to
using the entry in the Months Vacant field in the Market Leasing profile for
subsequent rollovers.: Key Concept
19. When in the reports tab, hitting F11 will automatically open the 'Reports
Options' window specific to the report that is currently active.: Key Concept
20. In the Modeling Policies - General tab, there is an option to "Round Market
Lease to start on the first day of the month" and this option is selected by
140 EXAM QUESTIONS AND
ANSWERS 2024
1. Once a property asset type is selected it cannot be changed. (T/F): False
2. The analysis begin date defaults to the current month and year. (T/F): True 3.
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? a. Portfolio Details
b. Scenerios
c. Reports.
d. Analysis: d. Analysis
4. What should b selected as the 'How Input' method for the revenue or expense
to be based on a percentage of other cash flow items in the property? a. Amount
1
b. Sub-lines
c. % of other
d. Currency Amount/Vacant Area: c. % of other
5. CAM is $100,000 and is 50% fixed. Occupancy is 75%. What will be the
actual expense on the Cash Flow for CAM?: {(100,000 x 50% fixed) + ($100,000 x
50% variable x 75% occupied)}
,= 87,500
6. Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What will be the
actual expense on the Cash Flow for Insurance?: {(80,000 x 100% fixed) + (80,000
x 0% variable x 85% occupied)}
= 80,000
7. 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?
a,. Copy Across & Down b.
Copy to End
c. Copy to Column to End
d. Column: c. Copy Column to End
8. The Active field allows a user to enable or disable a tenant as a reference
record. Yes is included in the calculation, no is excluded: Key Concept
9. Leasing Commission Calculation: LC = [((Base Rent + Step Rent - Free Rent)
x YR1 LC%) +(Base Rent + Step Rent - Free Rent) x YR2 LC%) +...
10. The default entry of 100% in the improvements/commissions timing field
indicates that the entire improvements/commissions payment should occur in
month one of the lease. However, the amount can be distributed across the
lease term by entering the percentage to be paid each month.: Key Concept 11.
To access the Rent Roll screen when the Input window is activated, use the
shortcut key Ctrl + R: Key Concept
12 Blended Market Calculation: New x (%) + Renew x (%) = Blended Market
, 13. Months vacant will display as 1.5 months in the Assumptions Report, but
AE will round up/down to the nearest whole month for actual downtime.: Key
Concept
14. When calculating a Market Leasing profile with the Upon Expiration set to
Renew, Enterprise _____________. a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal: Assumes a 100% renewal
15. The upon expiration field within the Market Leasing profile allows us to
select any overides for the past terms. (T/F): False
16. Tenants can have Base, Step, Rent Review and or Outstanding Review
increases applied in the Rental Income tab.: Key Concept
17. Fixed steps should only be entered in this field if the steps is to occur
every lease anniversary at the same step amount. Any variation from that needs
to be entered in the Rent Schedule by clicking Base Rent ellipsis.: Key Concept
18. When entering an amount n the Months Vacant Overide field, there will be
no blending based upon renewal probability. Argus Enterprise will return to
using the entry in the Months Vacant field in the Market Leasing profile for
subsequent rollovers.: Key Concept
19. When in the reports tab, hitting F11 will automatically open the 'Reports
Options' window specific to the report that is currently active.: Key Concept
20. In the Modeling Policies - General tab, there is an option to "Round Market
Lease to start on the first day of the month" and this option is selected by
