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Argus Test / Questions Bank Questions with 100% Correct Answers Latest Version 2024 Verified

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Argus Test / Questions Bank | Questions with 100% Correct Answers | Latest Version 2024 | Verified 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 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 describes 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 also saves the latest calculation results. - Save Property What should be 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? - % of Other Common Area Maintence (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0% What dollar amount should be entered in Amount1? ___ What will be the actual expense on the Cash Flow for CAM? __ - 100,000; 87,500 Insurance is $80,000 and is 100% fixed. Occupancy is 85%. What dollar amount should be entered in Amount1? ___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 Inflation 1 - 5.0% Inflation 2 - 5.0% Inflation 3 - 3.0% Inflation 4 - 3.0% Market Rent in year 0 is $15.00 / SF / Year What is Market Rent in Year 3 - $17.03 What is the CPI Inflation Rate in 2022? - 0.00% When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise ___. - 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 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) - False 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. he Analysis Start Date is January 2020. A tenant's lease start date is March 2020. If we want to show the Lost Absorption / Turnover Rent for this tenant, what would be entered in the following fields? Available Date: ___Start Date: ___ - January 2020; March 2020 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/F) - False Tenant size: 2,450 SF Tenant rent: $13.00 / SF / Year Sales Amount: 950,000 Breakpoint: Natural Sales Percent: 4% Calculate the Percent Rent6 - $6,150 The % of Total Rental Revenue method is calculated b

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Argus Test / Questions Bank | Questions
with 100% Correct Answers | Latest
Version 2024 | Verified
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 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 describes 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 also saves the latest calculation results. - ✔✔Save Property



What should be 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? - ✔✔% of Other



Common Area Maintence (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%

What dollar amount should be entered in Amount1? ___

What will be the actual expense on the Cash Flow for CAM? __ - ✔✔100,000; 87,500



Insurance is $80,000 and is 100% fixed. Occupancy is 85%.

What dollar amount should be entered in Amount1? ___

,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



Inflation 1 - 5.0%

Inflation 2 - 5.0%

Inflation 3 - 3.0%

Inflation 4 - 3.0%

Market Rent in year 0 is $15.00 / SF / Year



What is Market Rent in Year 3 - ✔✔$17.03



What is the CPI Inflation Rate in 2022? - ✔✔0.00%



When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise ___. -
✔✔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



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) - ✔✔False



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.



he Analysis Start Date is January 2020. A tenant's lease start date is March 2020. If we want to show the
Lost Absorption / Turnover Rent for this tenant, what would be entered in the following fields?

Available Date: ___

, Start Date: ___ - ✔✔January 2020; March 2020



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/F) - ✔✔False



Tenant size: 2,450 SF

Tenant rent: $13.00 / SF / Year

Sales Amount: 950,000

Breakpoint: Natural

Sales Percent: 4%



Calculate the Percent Rent6 - ✔✔$6,150



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/F) - ✔✔True



% of Potential Gross Revenue: 5.0%

Gross-up revenue by Absorption & Turnover

Reduce General Vacancy Result by Absorption & Turnover

Potential Gross Revenue: $9,600,000

Absorption & Turnover Vacancy: $230,000



What is General Vacancy for this building? - ✔✔$261,500



Argus Enter[rise merges three industry standard solutions: ARGUS Valuation- DCF, ARGUS Asset
Management, and ARGUS Valuation-Capitalization. (T/F) - ✔✔True

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