Argus Certification Exam Questions
and Correct Verified Answers
Using the information below, calculate the amount that will appear as the Operating
Expense on Year 1 of the Cash Flow:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - Answer-$14,569.50????
The Fixed Amount/Area Recovery Method is calculated as:
-The increases over an amount/area that will be paid by the tenant each year.
-The annual amount/area, based on Property Size, that will be paid by the tenant each
year.
-The annual amount/area, based on Tenant Size, that will be paid by the tenant each
year.
-None of the Above - Answer-The annual amount/area, based on Tenant Size, that will
be paid by the tenant each year.
Which Recovery Structure would you select to enter in a tenant that pays their net pro-
rata share of all expenses over a specified base stop? - Answer-Stop Amount/Area
Users can define a varying buliding area over time by clicking the Building Area ellipsis.
- Answer-True
Which of the following reports can be accessed by clicking Property Reports?
-Executive Summary
-Budget Comparison
-Property Resale
-Cash Flow - Answer-Executive Summary
Budget Comparison
Cash Flow
When leases roll to the Market Leasing profile, by default the rents do not inflate during
the rollover term. - Answer-True
Entering in a property address will allow a user to access a map of the location in AE. -
Answer-False
Which of the following are the three levels of detail offered with the Chart of Accounts?
-Parent/Header
-Cashflow/ GL Account
, -Job Costs
-Revenue Costs - Answer-Parent/Header
Cashflow/GL Account
Job Costs
Enter the Property Resale information in the _______________ tab.
This is a single choice question. Selections are automatically selected as you use arrow
to move. - Answer-Valuation
The _________ option will allow a user to view and change the options used for data
entry and calculations in this property model. - Answer-Modeling Policies
Using the information below, calculate the amount that is eligible for recovery when
using Gross Ups:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - Answer-$15,427.50
Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the
Investment tab. - Answer-Other Debt
Within ARGUS Enterprise, it is possible to copy items from Excel into AE. - Answer-
True
What is the extension of a property asset file in ARGUS Enterprise? - Answer-.avux
________________ is a solution for consolidating and reporting property, tenant,
portfolio, and scenario information contained within the ARGUS Data Warehouse. -
Answer-Portfolio Level Reporting
When entering an Available Date prior to the Start Date on the Rent Roll tab, AE
assumes_______________________________. - Answer-The space is available, but
vacant until the start date
Which of the following are available methods for calculating General Vacancy?
-% of Effective Gross Revenue
-% of Total Tenant Revenue
-% of Potential Gross Revenue
-% of Total Rental Revenue - Answer-% of Total Tenant Revenue
% of Potential Gross Revenue
% of Total Rental Revenue
Which of the following are included in the default Leasing Commission calculation?
-Fixed Steps
-Percentage Rent
and Correct Verified Answers
Using the information below, calculate the amount that will appear as the Operating
Expense on Year 1 of the Cash Flow:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - Answer-$14,569.50????
The Fixed Amount/Area Recovery Method is calculated as:
-The increases over an amount/area that will be paid by the tenant each year.
-The annual amount/area, based on Property Size, that will be paid by the tenant each
year.
-The annual amount/area, based on Tenant Size, that will be paid by the tenant each
year.
-None of the Above - Answer-The annual amount/area, based on Tenant Size, that will
be paid by the tenant each year.
Which Recovery Structure would you select to enter in a tenant that pays their net pro-
rata share of all expenses over a specified base stop? - Answer-Stop Amount/Area
Users can define a varying buliding area over time by clicking the Building Area ellipsis.
- Answer-True
Which of the following reports can be accessed by clicking Property Reports?
-Executive Summary
-Budget Comparison
-Property Resale
-Cash Flow - Answer-Executive Summary
Budget Comparison
Cash Flow
When leases roll to the Market Leasing profile, by default the rents do not inflate during
the rollover term. - Answer-True
Entering in a property address will allow a user to access a map of the location in AE. -
Answer-False
Which of the following are the three levels of detail offered with the Chart of Accounts?
-Parent/Header
-Cashflow/ GL Account
, -Job Costs
-Revenue Costs - Answer-Parent/Header
Cashflow/GL Account
Job Costs
Enter the Property Resale information in the _______________ tab.
This is a single choice question. Selections are automatically selected as you use arrow
to move. - Answer-Valuation
The _________ option will allow a user to view and change the options used for data
entry and calculations in this property model. - Answer-Modeling Policies
Using the information below, calculate the amount that is eligible for recovery when
using Gross Ups:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90% - Answer-$15,427.50
Enter any debt calculated outside of ARGUS Enterprise on the ________ tab under the
Investment tab. - Answer-Other Debt
Within ARGUS Enterprise, it is possible to copy items from Excel into AE. - Answer-
True
What is the extension of a property asset file in ARGUS Enterprise? - Answer-.avux
________________ is a solution for consolidating and reporting property, tenant,
portfolio, and scenario information contained within the ARGUS Data Warehouse. -
Answer-Portfolio Level Reporting
When entering an Available Date prior to the Start Date on the Rent Roll tab, AE
assumes_______________________________. - Answer-The space is available, but
vacant until the start date
Which of the following are available methods for calculating General Vacancy?
-% of Effective Gross Revenue
-% of Total Tenant Revenue
-% of Potential Gross Revenue
-% of Total Rental Revenue - Answer-% of Total Tenant Revenue
% of Potential Gross Revenue
% of Total Rental Revenue
Which of the following are included in the default Leasing Commission calculation?
-Fixed Steps
-Percentage Rent
