Argus Certification Exam, Argus Certification Practice
Test, ARGUS Certification Exam
Once a Property Asset Type is selected it cannot be changed (T/F)
False
The Analysis Begin date defaults to the current Month and Year (T/F)
True
Which of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease
a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F)
True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix
b. avux
To take a property out of read-only mode, the ______________ button must be selected from the
Ribbon.
a. Refresh
b. Ellipses
c. Check In/Out Property
d. Edit Property
d. Edit Property
What should be selected as the 'How Input' method in order 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
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 amount 1 Varies window?
,a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column
c. Copy Column to End
When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise
________________________________________.
a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal
d. Assumes a 100% renewal
The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past
terms (T/F)
False
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale).
Cap Rate
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation (T/F)
True
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in the
_________________ tab?
Assumptions
Within the Investments tab, the _______________________ tab is used to calculate notes outside of
the AE system.
Other Debt
By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F)
True
Enter Other Debt information into the Valuation tab (T/F)
False
When you have a one-time increase, or an increase that happens at different increments or times
utilize the Fixed Steps Unit column (T/F)
When entering an Available Date prior to the Start Date within the Rent Roll
, Net
All recoverable expenses are paid by the tenant based on their proportionate share of the building
area.
Base Year Stop
All recoverable expenses are paid by the tenant based on their proportionate share of the building
area over a stop amount, which is the amount of annual recoverable expenses in the base year, or
first year, of the lease calculated by the system. If the tenant's lease begins prior to the analysis start
date and you select Base Year Stop, the calculated stop will use all reimbursable expenses in the first
year of the analysis.
Stop Amount
Enter the building stop amount. Tenants for whom you select this method will reimburse all
recoverable expenses over the building stop amount entered based on their proportionate share of
the building area.
Stop Amount/Area
Enter the building stop amount/area. Tenants for whom you select this method will reimburse all
recoverable expenses over the building stop amount/area entered based on their proportionate share
of the building area.
Fixed Amount
Enter the annual recovery amount that will be paid by the tenant each year. The fixed amount can be
a single amount or it can vary over time. The fixed amount is a tenant amount not a building amount.
Fixed Amount/Area
Enter the annual amount/area recovery that will be paid by the tenant each year. The fixed
amount/area can be a single amount or it can vary over time. The rate entered varies according the
amount of area under lease, not according to the entire building area.
None
No recoveries will be calculated for the tenant.
Market
Select the tenants to be included in the Market calculation.
Base Year Stop +1
Expense stop will be established by the amount of recoverable expenses in the recovery year
following the year the lease begins. Note if you select this method and the lease year is before the
analysis start date, yet within the first recovery year, then the expense stop will be set to equal the
recoveries from the second recovery year. If you select this method and the lease year is before the
analysis start date and prior to the start of the first recovery year, then the expense stop will be set in
the same manner as the existing base year stop.
Base Year Stop -1
Expense stop will be established by the amount of recoverable expenses in the recovery year prior to
year the lease begins. If you select this method and the lease begins before the analysis, the expense
stop will be set in the same manner as the existing base year stop recovery method. If you select this
Test, ARGUS Certification Exam
Once a Property Asset Type is selected it cannot be changed (T/F)
False
The Analysis Begin date defaults to the current Month and Year (T/F)
True
Which of the following is a classification type in AE? Select all that apply.
a. Property
b. Tenant
c. Region
d. Lease
a. Property
b. Tenant
Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F)
True
What is the extension of a property asset file in ARGUS Enterprise?
a. .sf
b. .avux
c. .aeex
d. .aeix
b. avux
To take a property out of read-only mode, the ______________ button must be selected from the
Ribbon.
a. Refresh
b. Ellipses
c. Check In/Out Property
d. Edit Property
d. Edit Property
What should be selected as the 'How Input' method in order 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
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 amount 1 Varies window?
,a. Copy Across & Down
b. Copy to End
c. Copy Column to End
d. Column
c. Copy Column to End
When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise
________________________________________.
a. Assumes a 0% renewal
b. Takes a weighted average
c. Assumes the space goes dark
d. Assumes a 100% renewal
d. Assumes a 100% renewal
The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past
terms (T/F)
False
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the
______________________, when using CAP NOI (12 Months After Sale).
Cap Rate
Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation (T/F)
True
Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in the
_________________ tab?
Assumptions
Within the Investments tab, the _______________________ tab is used to calculate notes outside of
the AE system.
Other Debt
By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F)
True
Enter Other Debt information into the Valuation tab (T/F)
False
When you have a one-time increase, or an increase that happens at different increments or times
utilize the Fixed Steps Unit column (T/F)
When entering an Available Date prior to the Start Date within the Rent Roll
, Net
All recoverable expenses are paid by the tenant based on their proportionate share of the building
area.
Base Year Stop
All recoverable expenses are paid by the tenant based on their proportionate share of the building
area over a stop amount, which is the amount of annual recoverable expenses in the base year, or
first year, of the lease calculated by the system. If the tenant's lease begins prior to the analysis start
date and you select Base Year Stop, the calculated stop will use all reimbursable expenses in the first
year of the analysis.
Stop Amount
Enter the building stop amount. Tenants for whom you select this method will reimburse all
recoverable expenses over the building stop amount entered based on their proportionate share of
the building area.
Stop Amount/Area
Enter the building stop amount/area. Tenants for whom you select this method will reimburse all
recoverable expenses over the building stop amount/area entered based on their proportionate share
of the building area.
Fixed Amount
Enter the annual recovery amount that will be paid by the tenant each year. The fixed amount can be
a single amount or it can vary over time. The fixed amount is a tenant amount not a building amount.
Fixed Amount/Area
Enter the annual amount/area recovery that will be paid by the tenant each year. The fixed
amount/area can be a single amount or it can vary over time. The rate entered varies according the
amount of area under lease, not according to the entire building area.
None
No recoveries will be calculated for the tenant.
Market
Select the tenants to be included in the Market calculation.
Base Year Stop +1
Expense stop will be established by the amount of recoverable expenses in the recovery year
following the year the lease begins. Note if you select this method and the lease year is before the
analysis start date, yet within the first recovery year, then the expense stop will be set to equal the
recoveries from the second recovery year. If you select this method and the lease year is before the
analysis start date and prior to the start of the first recovery year, then the expense stop will be set in
the same manner as the existing base year stop.
Base Year Stop -1
Expense stop will be established by the amount of recoverable expenses in the recovery year prior to
year the lease begins. If you select this method and the lease begins before the analysis, the expense
stop will be set in the same manner as the existing base year stop recovery method. If you select this
