ARGUS Practice Test Questions with Correct Answers
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ARGUS
Institution
ARGUS
ARGUS Practice Test Questions with Correct Answers
Which valuation tab's primary purpose is to determine the current value of the property? - Answer-Direct Capitalization
Users in AE can have permissions assigned to them at the Portfolio, Scenario, and Property Level. T or F? - Answer-T
Wh...
ARGUS Practice Test Questions
with Correct Answers
Which valuation tab's primary purpose is to determine the current value of the property?
- Answer-Direct Capitalization
Users in AE can have permissions assigned to them at the Portfolio, Scenario, and
Property Level. T or F? - Answer-T
Which of the following is NOT a classification type in AE? - Answer-Region
If the analysis is 10 years long and you have a 30-year debt note, when will it ballon? -
Answer-10 years
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
What is the calculation for the Natural Breakpoint for Percentage Rent? - Answer-Base
Rent / Sales Percentage
A Portfolio may have _______ Chart of Accounts applied at a time. - Answer-One
Entering in a property address will allow a user to access a map of the location in AE. 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 General Vacany calcualtion is found by adding the Total Tenant Revenue + Total
Other income? - Answer-% of potential gross revenue
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
Once budget and/ or Acutals have been imported into AE from a 3rd party system,
manual adjustments cannot be made in the budget and/or acutals tab. T or F? -
Answer-T
If 12% is a desired return, enter 12% in the ___________________ parent tab. -
Answer-Valuation
Using the information below, calculate the amount that is eligible for recovery when
using Gross Ups:
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:
Start Date field: - Answer-available: January 2020
start date: March 2020
The lost absoprtion / turnover rent being reported for the months prior to a lease start
will appear on the individual tenant cash flow / LPV report. T or F? - Answer-F
Tenants size: 2450 SF
Tenants rent: 13.00 / SF / Year
Calculate the percentage rent. $ - Answer-$6150
The % of total rental revenue method is calculated by taking the scheduled base
rent+_______ - Answer-CPI increases
The general vacanc calculation frequency can be monthly or annually. T or F? -
Answer-T
What is the general vacancy for this building?
Potential gross revenue: 9,600,000
Absorption & turnover vacancy: 230,000 - Answer-$261,500
Free rent, tenant improvement and leasing commission categories can be created in the
market parent tab and applied in the rent roll or the market leasing levels.
T or F? - Answer-T
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