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ARGUS CERTIFICATION ACTUAL EXAM|| ARGUS
CERTIFICATION PRACTICE EXAM ALL
QUESTIONS AND CORRECT ANSWERS|| LATEST
UPDATE 2024 WITH VERIFIED SOLUTIONS||
ASSURED PASS!!!
Which report displays New Market, Renewal Market, and Weighted Average
results? - ANSWER: Assumptions Report
When your resale calculation is set to CAP NOI (12 months after sale), which
year's NOI will be used when analyzing a 6-year analysis? - ANSWER: The 7th
years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. -
ANSWER: Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year
in a base year stop structure? - ANSWER: $0
What will LB Corporation pay for reimbursements in 2017? - ANSWER: The
amount of 2017 total operating expenses over 2016 total operating expenses
What will LB Corporation pay for reimbursements in 2018? - ANSWER: The
amount of 2018 total operating expenses over 2016 total operating expenses
If a tenant's space is available, but sitting vacant before they move in and you want
to show that vacancy on reports, what do you need to enter in for the Lease dates? -
ANSWER: The Available Date needs to be when the space is actually available
and the Start Date needs to be when the tenant's lease begins.
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True or False: Step Rent increases can be applied in the Step Rent field or in the
Base Rent varies window. - ANSWER: True
Assuming a sale date of December 2020, what will be the net proceeds from sale if
we have a resale calculation that capitalizes the NOI 12 months after sale? -
ANSWER: (2021 NOI / 10% Cap Rate)*(1.0 - 3% adjustment)
Assuming a sale date of December 2020, what will be the net proceeds from sale if
we have a resale calculation that capitalises the NOI of the sale year? - ANSWER:
(202 NOI / 10% Cap Rate)*(1.0 - 3% adjustment)
When using an Available date that is before the Start date, the loss in potential rent
(Base Rental Revenue) can be shown on which report? - ANSWER: Lease Audit
______________________ is used in retail properties where tenants are expected
to pay a percentage of their sales to the property owner. - ANSWER: Percentage
Rent
What is the default calculation formula for Chargeable Sales? - ANSWER: Sales
Volume - Breakpoint
Calculate the General Vacancy Loss using the following assumptions:
-PGR: $800,000
-ATV: $20,000
-Calculation: 5% of PGR - ANSWER: [(800,000 + 20,0000)*0.05] - $20,000 =
$21,000
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True or False: Additional principal payments can be factored into the loan
computations? - ANSWER: True
While running a 7-year analysis on a property with a 30-year debt note in ARGUS
Enterprise, the note will _____________ at the end of the projection. - ANSWER:
Balloon
After changing the modeling policy for Gross Ups, any Recovery Structure already
created will default to the Gross Up percent in the Modeling Policies window. -
ANSWER: False
The default formula for Leasing Commissions is: - ANSWER: Base Rent + Step
Rent + CPI - Free Rent
To indicate that an expense should not be included in the cash flow projection nor
used in the calculation of the NOI, select ________________ - ANSWER:
Reference Only
True or False: The percentage of the expense that is eligible to be recovered can be
altered for the entire property within the Expense tab - ANSWER: True
What is the default formula for Free Rent? - ANSWER: Base Rent + Fixed Steps
+ CPI
True or False: Months Vacant Overrides will only affect the first rollover and there
will be no blending based upon the renewal probability. - ANSWER: True
True or False: The Batch Update allows a user to model several changes
simultaneously instead of performing each individual adjustment. - ANSWER:
True
, 4|Pag e
True or False: When creating a sensitivity scenario, changes to individual
properties may be made at the top of the screen. - ANSWER: False
Different levels of detail can be set for the Audit Log in which Portfolio
Application tab? - ANSWER: Portfolio Details
To change the report interval setting, click the _____________ button. -
ANSWER: Report Options
Which report within Portfolio Level Reports will show individual property
information that makes up the selected cash flow totals? - ANSWER: Cash Flow
Detail
All of the following are options for exporting Portfolio Level Reporting except:
a) Excel
b) Tiff
c) PDF
d) HTML - ANSWER: d) HTML
Task Pane provides a number of shortcuts and convenient functions, which
include: - ANSWER: Getting Started, ARGUS Alerts, ARGUS Valuation - DCF
Wizard, and Shared Workspace
Getting Started (Task Pane) - 4 - ANSWER: Create new files, open recent files,
connect to ARGUS website, and access a shared workplace online
ARGUS CERTIFICATION ACTUAL EXAM|| ARGUS
CERTIFICATION PRACTICE EXAM ALL
QUESTIONS AND CORRECT ANSWERS|| LATEST
UPDATE 2024 WITH VERIFIED SOLUTIONS||
ASSURED PASS!!!
Which report displays New Market, Renewal Market, and Weighted Average
results? - ANSWER: Assumptions Report
When your resale calculation is set to CAP NOI (12 months after sale), which
year's NOI will be used when analyzing a 6-year analysis? - ANSWER: The 7th
years NOI
If 12% is a desired return, enter 12% in the ________________ parent tab. -
ANSWER: Valuation
What will LB Corporation pay for reimbursements in 2016 if 2016 is the base year
in a base year stop structure? - ANSWER: $0
What will LB Corporation pay for reimbursements in 2017? - ANSWER: The
amount of 2017 total operating expenses over 2016 total operating expenses
What will LB Corporation pay for reimbursements in 2018? - ANSWER: The
amount of 2018 total operating expenses over 2016 total operating expenses
If a tenant's space is available, but sitting vacant before they move in and you want
to show that vacancy on reports, what do you need to enter in for the Lease dates? -
ANSWER: The Available Date needs to be when the space is actually available
and the Start Date needs to be when the tenant's lease begins.
,2|Pag e
True or False: Step Rent increases can be applied in the Step Rent field or in the
Base Rent varies window. - ANSWER: True
Assuming a sale date of December 2020, what will be the net proceeds from sale if
we have a resale calculation that capitalizes the NOI 12 months after sale? -
ANSWER: (2021 NOI / 10% Cap Rate)*(1.0 - 3% adjustment)
Assuming a sale date of December 2020, what will be the net proceeds from sale if
we have a resale calculation that capitalises the NOI of the sale year? - ANSWER:
(202 NOI / 10% Cap Rate)*(1.0 - 3% adjustment)
When using an Available date that is before the Start date, the loss in potential rent
(Base Rental Revenue) can be shown on which report? - ANSWER: Lease Audit
______________________ is used in retail properties where tenants are expected
to pay a percentage of their sales to the property owner. - ANSWER: Percentage
Rent
What is the default calculation formula for Chargeable Sales? - ANSWER: Sales
Volume - Breakpoint
Calculate the General Vacancy Loss using the following assumptions:
-PGR: $800,000
-ATV: $20,000
-Calculation: 5% of PGR - ANSWER: [(800,000 + 20,0000)*0.05] - $20,000 =
$21,000
,3|Pag e
True or False: Additional principal payments can be factored into the loan
computations? - ANSWER: True
While running a 7-year analysis on a property with a 30-year debt note in ARGUS
Enterprise, the note will _____________ at the end of the projection. - ANSWER:
Balloon
After changing the modeling policy for Gross Ups, any Recovery Structure already
created will default to the Gross Up percent in the Modeling Policies window. -
ANSWER: False
The default formula for Leasing Commissions is: - ANSWER: Base Rent + Step
Rent + CPI - Free Rent
To indicate that an expense should not be included in the cash flow projection nor
used in the calculation of the NOI, select ________________ - ANSWER:
Reference Only
True or False: The percentage of the expense that is eligible to be recovered can be
altered for the entire property within the Expense tab - ANSWER: True
What is the default formula for Free Rent? - ANSWER: Base Rent + Fixed Steps
+ CPI
True or False: Months Vacant Overrides will only affect the first rollover and there
will be no blending based upon the renewal probability. - ANSWER: True
True or False: The Batch Update allows a user to model several changes
simultaneously instead of performing each individual adjustment. - ANSWER:
True
, 4|Pag e
True or False: When creating a sensitivity scenario, changes to individual
properties may be made at the top of the screen. - ANSWER: False
Different levels of detail can be set for the Audit Log in which Portfolio
Application tab? - ANSWER: Portfolio Details
To change the report interval setting, click the _____________ button. -
ANSWER: Report Options
Which report within Portfolio Level Reports will show individual property
information that makes up the selected cash flow totals? - ANSWER: Cash Flow
Detail
All of the following are options for exporting Portfolio Level Reporting except:
a) Excel
b) Tiff
c) PDF
d) HTML - ANSWER: d) HTML
Task Pane provides a number of shortcuts and convenient functions, which
include: - ANSWER: Getting Started, ARGUS Alerts, ARGUS Valuation - DCF
Wizard, and Shared Workspace
Getting Started (Task Pane) - 4 - ANSWER: Create new files, open recent files,
connect to ARGUS website, and access a shared workplace online
