ARGUS Practice Exam Questions with Correct Answers
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Course
ARGUS
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ARGUS
ARGUS Practice Exam Questions with Correct Answers
The Expense Inflation Rates will be the default percentage for:
Operating Expenses
Non-Operating Expenses
Capital Expenses
All the above - Answer-All the above
Every inflation category must be given a number, or it will default to the Ge...
ARGUS Practice Exam Questions
with Correct Answers
The Expense Inflation Rates will be the default percentage for:
Operating Expenses
Non-Operating Expenses
Capital Expenses
All the above - Answer-All the above
Every inflation category must be given a number, or it will default to the General Inflation
Rate - Answer-False
Assuming 60% occupancy calculate the Vending Machine Revenue in Year 1
- Inflation: 3.5%
- Building size 60,000 sf
- Amount = $13,000 annually
- 0% fixed - Answer-$7.800
(.60 * 13,000)
Assuming 0% occupancy, calculate the Vending machine revenue in Year 1 of the
analysis - Answer-$0
Assuming 100% 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?
$60,000 growing at 3% for the first 2 years - Answer-$63,654
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
Calculate the general vacancy loss using the following assumptions:
- Potential Gross Revenue: $800,000
- Absorption & Turnover Vacancy: $20,000
- Calculation: 5% of Potential Gross Revenue - Answer-$21,000
Additional principal payments can be factored into the loan compensations - Answer-
True
,While running a 7-year analysis on a property with a 30-year debt note in AE , 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 - free rent
To indicate that an expense should not be included in the cash flow projections nor
used in the calculation of the NOI, select - Answer-Reference Only
Free Rent, by default, kicks in at the beginning of the - Answer-Tenant's lease start date
The default recovery structure in AE is - Answer-Net
The Available Date column in the Tenants - Rent Roll represents the start of the tenant's
lease - Answer-False
** This is the start date
By default, Tenant Improvements and Leasing Commissions are paid at the start of the
tenant's lease - Answer-True
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 -
Answer-True
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-7th
If 12% is a desired return, enter 12% in the _____ parent tab. - Answer-valuation
- LB Corporation signed a 3-year lease with a commencement date of January 2016.
- LB Corporation will occupy 100% of the property
- LB Corporation will reimburse expenses according to a Base Year Stop Structure
What will LB Corporation pay for reimbursements in 2016? - Answer-$0
Base Year is 2016
, What will LB Corporation pay for reimbursements in 2017? - Answer-Total OPEX 2017 -
Total OPEX 2016
507,252 - 474,240
33, 012
How many properties can be created/imported within many portfolios? - Answer-over
thousands
Best Fit (All columns) - Answer-automatically adjusts the column width to display all
content
- Off (default) deactivates best fit for all columns
Analysis Begin defaults... - Answer-to the current month and year
Analysis length can be between - Answer-1 to 100 years
Which section in the Navigation Pane allows users to update a variety of different
settings ranging from Managing Users to Data Import Validation Rules to Report
Settings? - Answer-Control Panel
Which of the Portfolio Application Tabs is best described by the following statement?
This application allows users to create and view analytical charts and graphs based on
a combination of properties from the portfolio - Answer-Analysis
Modeling Policies - Answer-Will allow a user to view and change the options used for
data entry and calculations in this property model, allows you to control defaults
General Inflation Rate - Answer-Hits misc. revenue
Market Inflation Rate - Answer-hits rent
Expense Inflation Rate - Answer-hits all expenses
Inflation Ellipsis - Answer-Detail Inflation monthly
To apply inflation to the first year of the analysis select Allow Inflation in Year One
option in the Modeling Policies
Reimbursable Expenses - Answer-expenses that the property owner will recover from
the tenants
Common Reimbursable Expenses include CAM, taxes, insurance, repairs
Non-Operating Expenses - Answer-fall below the net operating income line on the Cash
Flow
Will not be counted towards the value of the property
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