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ARGUS CERTIFICATION EXAM STUDY GUIDE (A NEW UPDATED VERSION ) COMPLETE REAL QUESTIONS AND CORRECT ANSWERS (CORRECT VERIFIED SOLUTIONS)

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ARGUS CERTIFICATION EXAM STUDY GUIDE (A NEW UPDATED VERSION ) COMPLETE REAL QUESTIONS AND CORRECT ANSWERS (CORRECT VERIFIED SOLUTIONS)

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Argus Certification | 145 Questions with 100% Correct A
f f f f f f f f



nswers | Latest Update 2024 | Verified f f f f f f




1- (T/F) Once a property asset type is selected it cannot be changed -
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ANSWER-
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False. In the DCF version you cant but in enterprise the asset type CAN be ch
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anged after its created f f f




1- (T/F) The analysis begin date defaults to the current month and year -
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ANSWER-True. and 100 years is the longest analysis period
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1- Which section in the navigation pane allows users to update a variety of d
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ifferent settings ranging from managing users to data import validation rule
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s to report settings? - ANSWER-control panel
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1- Which of the portfolio application tabs is best described by the followin
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g statement? This application allows users to create and view analytical ch
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arts and graphs based on a combination of properties from the portfolio -
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ANSWER-analysis
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2- What is the extension of a property asset file in argus enterprise? -
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ANSWER-.avux
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2- f


saves the updates to the property asset model to the database. If f f f f f f f f f f f f


a calculation has been performed, it also saves the latest calculation results -
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ANSWER-save property (you do this under property view)
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, Argus Certification | 145 Questions with 100% Correct A
f f f f f f f f



nswers | Latest Update 2024 | Verified f f f f f f




2-
what should be selected as the 'how input' method for the revenue or expense
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to be based on a percentage of other cash flow line items in the property? -
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ANSWER-% of other. example-
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management fee as % of effective gross revenue
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2-
Common area maintenance is $100,000 and is 50% fixed. Occupany is 75%
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.
A. What dollar amount should be entered in the amount 1 field?
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B. What will be the actual expense on the cash flow for CAM? -
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ANSWER-A. 100,000
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B. 87,500 f




work for B: (expense amount* % fixed) + (expense amount * % variable
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* % occupied)
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(100,000 * .5) + (100,000 * .5 * .75) = 87,500
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2- Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
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A. What dollar amount should be entered in the amount1 field?
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B. What will be the actual expense on the cash flow for insurance? -
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ANSWER-A. 80,000
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B. 80,000 f




2-
To replicate a value in a specific month of each year during the project
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for a specific expense, you must click which button in the Amount1 v
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aries window? - ANSWER-copy column to end
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, Argus Certification | 145 Questions with 100% Correct A
f f f f f f f f



nswers | Latest Update 2024 | Verified f f f f f f




3-
What is the Market rent in 2025? relevant inf
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o from book (pg 47):
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market rent in 2022 is 15 f f f f f




market inflation rate is 5% in 2023 and 2024, then it is 3% in 2025, 2026 and 202
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7 - ANSWER-17.03
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3-
What is the cpi inflation rate in 2024 relevan
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t info from book (pg 47):
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market rent in 2022 is 15 f f f f f




cpi inflation rate is shown across the board as 0% - ANSWER-0.00%
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3-
When calculating a market leasing profile with the upon expiration set to ren
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ew, enterprise f - ANSWER-assumes a 100% renewal f f f f f




3-
(T/F) The upon expiration field within the market leasing profile allows us t
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o select any overrides for past terms - ANSWER-False
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4-
(T/F) When you have a one time increase, or an increase that happens at diffe
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rent increments or times, utilize the fixed steps unit column - ANSWER-
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False

, Argus Certification | 145 Questions with 100% Correct A
f f f f f f f f



nswers | Latest Update 2024 | Verified f f f f f f




4-
When entering an available date prior to the start date within the rent roll, arg
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us enterprise will assume: - ANSWER-
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the space is available, but vacant until the start date
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4-
The analysis start date is january 2022. A tenants lease start date is March
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2022. If we want to show the lost absorption/ turnover rent for this tenant,
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what would be entered in the following fields?
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A. Available date field:
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B. Start date field: - ANSWER-A. Jan 2022
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B. March 2022
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4-
(T/F) The lost absorption/ Turnover rent being reported for the months prio
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r to a lease start will appear on the individual tenant cash flow/ LPV report -
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ANSWER-False
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4-
calc percentage rent info fr
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om txt pg 88:
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tenant size: 2,450 SF tenan f f f f




t rent: $13 sf/year 4% sales
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%
sales amount: 950,000 - ANSWER-
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$6150 work: f

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