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ARGUS EXAM BUNDLE DEAL
1. Once Budget and/or Actuals have been imported into
AE from a 3'd party sy stem, manual adjustments cannot
be made in the Budget and/or Actuals tabs. a. True b.
False - .....ANSWER ...✔✔ a. True
2. Which of the following is NOT a level offered within
the Charts of Accounts section? a. Header b. Account c.
Sub-Account d. Detail - .....ANSWER ...✔✔ c. Sub-
Account
3. Which of the following is NOT a Classification type in
AE? a. System b. Property c. Region d. Tenant -
.....ANSWER ...✔✔ c. Region
4. Users in ARGUS Enterprise can have permissions
assigned to them at the Portfolio, Scenario, and
Property Level. a. True b. False - .....ANSWER ...✔✔
a. True
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5. Which General Vacancy calculation is found by
adding the Total Tenant Revenue Total Other Income? a.
Annual Amount b % of Potential Gross Revenue c . %
Total Rental Revenue d . % of Total Tenant Revenue -
.....ANSWER ...✔✔
5. Which General Vacancy calculation is found by
adding the Total Tenant Revenue Total Other Income? a.
Annual Amount b . % of Potential Gross Revenue c . %
Total Rental Revenue d . % of Total Tenant Revenue -
.....ANSWER ...✔✔ a. Annual Amount
6. Both Positive and Negative inflation rates can be
entered into ARGUS Enterprise. a. True b. False -
.....ANSWER ...✔✔ a. True
7. What is the extension of a property asset file in
ARGUS Enterprise a. .sf b. aeix c. PISCES d. .avux -
.....ANSWER ...✔✔ d. .avux
8. Which Valuation tab's primary purpose is to
determine the current value of the property? a.
Assumptions b. Direct Capitalization c. Property Resale
d. Present Value - .....ANSWER ...✔✔ b. Direct
Capitalization
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Enterprise. 9. It is possible to have multiple Property
Resale Calculations active for a single property. a. True
b. False - .....ANSWER ...✔✔ b. False
10. Calculate the Property Resale Value of a building
with Analysis Length: 5 Years Calc Method: CAP NOI
(12 Months After Sale) Cap Rate 5.00 % Year 6 NO:
$1,000,000 Year 5 NOI: $750,000 a. $37,500 b.
$50,000 c. $15,000,000 d. $20,000,000 - .....ANSWER
...✔✔ d. $20,000,000
11. Only one (1) debt note can be entered into ARGUS
Enterprise a. True b. False - .....ANSWER ...✔✔ b.
False
12. If the analysis is 10 years long and you have a 30-
year debt note, when will it balloon? a. 10 Years b. 11
Years c. 15 Years d. 30 Years - .....ANSWER ...✔✔ a.
10 Years
13. When calculating a Market Leasing profile with the
Upon Expiration set to Vacate, ARGUS Enterprise will a .
Assume a 0.0 % renewal probability b . Assume a
100.0 % renewal probability c. Assume the space goes
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dark and reabsorbs the area d. Ignores the Market
Leasing profile and inserts a new Contract lease line -
.....ANSWER ...✔✔ a . Assume a 0.0 % renewal
probability
14. Which of the following Upon Expiration is described
by the following definition: Renewals will be processed
based on the renewal probability in the Market Leasing
profile (weighted average calculations of new and
renewal rates for market rents, tenant improvements,
leasing commissions, etc.). a. Market b. Renew c. Option
d. Month to Month - .....ANSWER ...✔✔ a. Market
15 , with a 60.0 % Renewal Probability , what Tenant
improvement rate will be calculated if a tenant rolls to
Market in the first year of the analysis and New TI Rates
are $20.00/SF and Renewal TI Rates are $10.00/SF?
a. $10.00/SF b. $14.00/SF c. $15.00/SF d. $20.00/SF
- .....ANSWER ...✔✔ b. $14.00/SF
16. Calculate the Market Rent Rate in Year 2 using the
following information for a tenant that is set to "Renew"
in the Upon Expiration field: Renewal Probability 50.0
% Market Inflation Rate 5.0 % New Market Rent (Year
1): $100.00/SF/Year Renewal Market Rent (Year 1):
$75.00/SF/Year a. $75.00/SF/Year b.
$78.75/SF/Year c. $87.50/SF/Year d.
ARGUS EXAM BUNDLE DEAL
1. Once Budget and/or Actuals have been imported into
AE from a 3'd party sy stem, manual adjustments cannot
be made in the Budget and/or Actuals tabs. a. True b.
False - .....ANSWER ...✔✔ a. True
2. Which of the following is NOT a level offered within
the Charts of Accounts section? a. Header b. Account c.
Sub-Account d. Detail - .....ANSWER ...✔✔ c. Sub-
Account
3. Which of the following is NOT a Classification type in
AE? a. System b. Property c. Region d. Tenant -
.....ANSWER ...✔✔ c. Region
4. Users in ARGUS Enterprise can have permissions
assigned to them at the Portfolio, Scenario, and
Property Level. a. True b. False - .....ANSWER ...✔✔
a. True
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5. Which General Vacancy calculation is found by
adding the Total Tenant Revenue Total Other Income? a.
Annual Amount b % of Potential Gross Revenue c . %
Total Rental Revenue d . % of Total Tenant Revenue -
.....ANSWER ...✔✔
5. Which General Vacancy calculation is found by
adding the Total Tenant Revenue Total Other Income? a.
Annual Amount b . % of Potential Gross Revenue c . %
Total Rental Revenue d . % of Total Tenant Revenue -
.....ANSWER ...✔✔ a. Annual Amount
6. Both Positive and Negative inflation rates can be
entered into ARGUS Enterprise. a. True b. False -
.....ANSWER ...✔✔ a. True
7. What is the extension of a property asset file in
ARGUS Enterprise a. .sf b. aeix c. PISCES d. .avux -
.....ANSWER ...✔✔ d. .avux
8. Which Valuation tab's primary purpose is to
determine the current value of the property? a.
Assumptions b. Direct Capitalization c. Property Resale
d. Present Value - .....ANSWER ...✔✔ b. Direct
Capitalization
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Enterprise. 9. It is possible to have multiple Property
Resale Calculations active for a single property. a. True
b. False - .....ANSWER ...✔✔ b. False
10. Calculate the Property Resale Value of a building
with Analysis Length: 5 Years Calc Method: CAP NOI
(12 Months After Sale) Cap Rate 5.00 % Year 6 NO:
$1,000,000 Year 5 NOI: $750,000 a. $37,500 b.
$50,000 c. $15,000,000 d. $20,000,000 - .....ANSWER
...✔✔ d. $20,000,000
11. Only one (1) debt note can be entered into ARGUS
Enterprise a. True b. False - .....ANSWER ...✔✔ b.
False
12. If the analysis is 10 years long and you have a 30-
year debt note, when will it balloon? a. 10 Years b. 11
Years c. 15 Years d. 30 Years - .....ANSWER ...✔✔ a.
10 Years
13. When calculating a Market Leasing profile with the
Upon Expiration set to Vacate, ARGUS Enterprise will a .
Assume a 0.0 % renewal probability b . Assume a
100.0 % renewal probability c. Assume the space goes
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dark and reabsorbs the area d. Ignores the Market
Leasing profile and inserts a new Contract lease line -
.....ANSWER ...✔✔ a . Assume a 0.0 % renewal
probability
14. Which of the following Upon Expiration is described
by the following definition: Renewals will be processed
based on the renewal probability in the Market Leasing
profile (weighted average calculations of new and
renewal rates for market rents, tenant improvements,
leasing commissions, etc.). a. Market b. Renew c. Option
d. Month to Month - .....ANSWER ...✔✔ a. Market
15 , with a 60.0 % Renewal Probability , what Tenant
improvement rate will be calculated if a tenant rolls to
Market in the first year of the analysis and New TI Rates
are $20.00/SF and Renewal TI Rates are $10.00/SF?
a. $10.00/SF b. $14.00/SF c. $15.00/SF d. $20.00/SF
- .....ANSWER ...✔✔ b. $14.00/SF
16. Calculate the Market Rent Rate in Year 2 using the
following information for a tenant that is set to "Renew"
in the Upon Expiration field: Renewal Probability 50.0
% Market Inflation Rate 5.0 % New Market Rent (Year
1): $100.00/SF/Year Renewal Market Rent (Year 1):
$75.00/SF/Year a. $75.00/SF/Year b.
$78.75/SF/Year c. $87.50/SF/Year d.
