ARGUS 2024 New Update Exam Questions with Correct Answers
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ARGUS
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ARGUS
ARGUS 2024 New Update Exam Questions with Correct Answers
Which of the following are available methods for calculating General Vacancy?
Check all that apply. - Answer-% of Potential Gross Revenue
% of Total Rental Revenue
% of Total Tenant Revenue
The Present Value tab allows us to ent...
ARGUS 2024 New Update Exam
Questions with Correct Answers
Which of the following are available methods for calculating General Vacancy?
Check all that apply. - Answer-% of Potential Gross Revenue
% of Total Rental Revenue
% of Total Tenant Revenue
The Present Value tab allows us to enter in a separate discount rate for the Leveraged
and Unleveraged Cash Flow as well as the Leveraged and Unleveraged Resale Rate. T
or F? - Answer-T
________________ is a solution for consolidating and reporting property, tenant,
portfolio, and scenario information contained within the ARGUS Data Warehouse. -
Answer-Portfolio Level Reporting
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
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
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. T or F? -
Answer-F
The default formula for leasing commissions is: - Answer-Base Rent + Step Rent - Free
Rent
Assuming 0.0% occupancy, calculate the vending machine revenue in year 1 of the
analysis. - Answer-$0
Assuming 100.0% occupancy, calculate the Vending Machine revenue in Year 1 of the
analysis. - Answer-$13,000
What is the capital expense amount that will appear on the Cash Flow? - Answer-
$63,654
By default, Tenant Improvements and Leasing Commissions are paid at the start of the
tenant's lease. T or F? - Answer-T
,The Upon Expiration Field within the Market Leasing profile allows users to select a
different Market Leasing Profile to be used after the first Market Leasing term is over. T
or F? - Answer-T
Contract Renewal: - Answer-Inserts a new contract lease into the Rent Roll
The Inflation rates are displayed on which report? - Answer-Property Summary
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-6th year
Calculate the Operating Expense shown on the Cash Flow from the following
assumptions:
To change the Report Print Interval setting, click the __________ button. - Answer-
Report Options
It is required to enter in a Property Name and Address for every property added within a
portfolio. T or F? - Answer-F
Which of the following is considered a primary use for XL4ADW?
Check all that Apply. - Answer-Custom queries of results data
Import of new models and data
Review modeling data in AE (Input Assumptions)
Intelligent Renewals are used to specify that tenant leases be renewed using
__________________.
Check all that apply. - Answer-Weighted Market Renewal Rate
Market Rent in a different Market Leasing profile
The _______________ allows users to upload numerous files and URLs to centralize
the location of property documents. - Answer-Attachments Tab
Which of the following are levels offered with the Chart of Accounts?
Check all that apply - Answer-Parent/Header
, Cashflow/GL Account
Detail/Job Costs
When calculating a Market Leasing profile with the Upon Expiration set to Vacate,
ARGUS Enterprise ___________________. - Answer-Assumes a 0% renewal
probability.
Once a Property Asset Type is selected it cannot be changed. T or F? - Answer-F
The Analysis Begin date defaults to the current Month and Year. T or F? - Answer-T
What is the extension of a property asset file in ARGUS Enterprise? - Answer-.avux
_______ saves the updates to the property asset model to the database. If a calculation
has been performed, it also saves the latest calculation results. - Answer-Save Property
What should be selected as the 'How Input' method for the revenue or expense to be
based on a percentage of other cash flow items in the property? - Answer-% of Other
Common Area Maintenance (CAM) is $100,00 and is 50.0% fixed. Occipancy is 75.0%.
a.
b. - Answer-a. $100,000
b.[($100,000x50%Fixed)+(100,000 x 50% Variable x 75% Occupied)][($50,000) +
(37,500)]
$87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85% - Answer-a. $80,000
b. $80,000x% Variable x 75% Occupied)][($80,000) + ($0)]
$80,000
To replicate a value in a specifici month of each year during the project for a specific
expense, you must click which button in the Amount1 Varies window? - Answer-Copy
Column to End
When you have a one time increase or an increase that happens at different increments
or times, utilize the Fixed Steps Unit column. T or F? - Answer-F
When entering an available date prior to the start date within the rent roll, ARGUS
enterprise will assume: - Answer-The spaec is available, but vacant until the start date.
The analysis start date is January 2020. A tenant's lease start date is MArch 2020. If we
want to show the lost absorption/ turnover rent for this tenant, what would be entered
into the following fields?
Available date field:
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