Comprehensive Argus Certification Practice Test Guide |
Exam-Style Questions with Detailed Solutions
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.
Exam-Style Questions with Detailed Solutions
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.
