ARGUS Certification Exam, Argus Certification Practice Test Questions and Answers.

ARGUS Certification Exam, Argus Certification Practice Test Questions and Answers. Once a Property Asset Type is selected it cannot be changed (T/F) - Correct AnswerFalse The Analysis Begin date defaults to the current Month and Year (T/F) - Correct AnswerTrue Which of the following is a classification type in AE? Select all that apply. a. Property b. Tenant c. Region d. Lease - Correct Answer-a. Property b. Tenant Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) - Correct Answer-True What is the extension of a property asset file in ARGUS Enterprise? a. .sf b. .avux c. .aeex d. .aeix - Correct Answer-b. avux To take a property out of read-only mode, the ______________ button must be selected from the Ribbon. a. Refresh b. Ellipses c. Check In/Out Property d. Edit Property - Correct Answer-d. Edit Property What should be selected as the 'How Input' method in order for the revenue or expense to be based on a percentage of other cash flow items in the property? a. Amount 1 ARGUS Certification Exam, Argus Certification Practice Test Questions and Answers b. Sub-lines c. % of Other d. Currency Amount / Vacant Area - Correct Answer-c. % of Other To replicate a value in a specific month of each year during the project for a specific expense, you must click which button in the amount 1 Varies window? a. Copy Across & Down b. Copy to End c. Copy Column to End d. Column - Correct Answer-c. Copy Column to End When calculating a Market Leasing profile with the Upon Expiration set to Renewal, Enterprise ________________________________________. a. Assumes a 0% renewal b. Takes a weighted average c. Assumes the space goes dark d. Assumes a 100% renewal - Correct Answer-d. Assumes a 100% renewal The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past terms (T/F) - Correct Answer-False The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the ______________________, when using CAP NOI (12 Months After Sale). - Correct Answer-Cap Rate Tenant Improvements/Leasing Commissions can be subtracted out of the Resale calculation (T/F) - Correct Answer-True Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in the _________________ tab? - Correct Answer-Assumptions Within the Investments tab, the _______________________ tab is used to calculate notes outside of the AE system. - Correct Answer-Other Debt By default, ARGUS Enterprise calculates loans on a 12 month basis (T/F) - Correct Answer-True Enter Other Debt information into the Valuation tab (T/F) - Correct Answer-False When you have a one-time increase, or an increase that happens at different increments or times utilize the Fixed Steps Unit column (T/F) - Correct AnswerWhen entering an Available Date prior to the Start Date within the Rent Roll - Correct Answer- Net - Correct Answer-All recoverable expenses are paid by the tenant based on their proportionate share of the building area. Base Year Stop - Correct Answer-All recoverable expenses are paid by the tenant based on their proportionate share of the building area over a stop amount, which is the amount of annual recoverable expenses in the base year, or first year, of the lease calculated by the system. If the tenant's lease begins prior to the analysis start date and you select Base Year Stop, the calculated stop will use all reimbursable expenses in the first year of the analysis. Stop Amount - Correct Answer-Enter the building stop amount. Tenants for whom you select this method will reimburse all recoverable expenses over the building stop amount entered based on their proportionate share of the building area. Stop Amount/Area - Correct Answer-Enter the building stop amount/area. Tenants for whom you select this method will reimburse all recoverable expenses over the building stop amount/area entered based on their proportionate share of the building area. Fixed Amount - Correct Answer-Enter the annual recovery amount that will be paid by the tenant each year. The fixed amount can be a single amount or it can vary over time. The fixed amount is a tenant amount not a building amount. Fixed Amount/Area - Correct Answer-Enter the annual amount/area recovery that will be paid by the tenant each year. The fixed amount/area can be a single amount or it can vary over time. The rate entered varies according the amount of area under lease, not according to the entire building area. None - Correct Answer-No recoveries will be calculated for the tenant. Market - Correct Answer-Select the tenants to be included in the Market calculation.